Deem Roll Tech IPO GMP, Review, Price, Allotment

0
Deem Roll Tech IPO GMP

Deem Roll Tech IPO description – Established in 2003, Deem Roll Tech specializes in the production of steel and alloy rolls, which are distributed to a diverse clientele spanning more than 10 countries, including the USA, Germany, various European nations, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. As of 30 September 2023, the company has served a total of over 340 domestic customers and 30 export customers.

The company operates three manufacturing units, with one situated in Mehsana, Gujarat, another in Dadpur, Hoogly, West Bengal, and the third in Ahmedabad, Gujarat. Each manufacturing unit comprises various sections, such as engineering and design, mold making, melting, casting, machining, and dispatch. These sections are complemented by pertinent quality testing and assurance equipment to ensure product excellence. As of 31 March 2023, the company is capable of manufacturing more than 7 kinds of Rolls.

As of 30 September 2023, Deem Roll Tech has served approximately 30 international customers and operates with 15 sales agents and dealers. Export sales for the six months ending on 30 September 2023, amounted to INR 8.61 crore, while for the period ending on 31 March 2023, it was INR 20.68 crore. These figures constitute 17.19% and 20.00% of the revenue from operations, respectively.

As of 31 December 2023, the company employs 275 individuals.

Deem Roll Tech

Promoters of Deem Roll Tech – Jyoti Prasad Bhattacharya, and Dev Jyoti prasad Bhattacharya


Deem Roll Tech IPO Details

Deem Roll Tech IPO Dates20 – 22 Feb 2024
Deem Roll Tech Issue PriceINR 129 per share
Fresh issue2,268,000 shares (INR 29.26 crore)
Offer For SaleNIL
Total IPO size2,268,000 shares (INR 29.26 crore)
Minimum bid (lot size)1,000 shares (INR 129,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Deem Roll Tech Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue63.8091.70103.3750.08
Expenses57.9186.1294.8745.64
Net income2.984.106.923.72
Figures in INR Crores unless specified otherwise

Deem Roll Tech Offer News


Deem Roll Tech Valuations & Margins

FY 2021FY 2022FY 2023
EPS5.117.0211.86
PE ratio10.88
RONW (%)12.9315.0920.31
NAV39.5146.5358.39
ROCE (%)21.6818.2720.26
EBITDA (%)17.5310.7712.82
Debt/Equity 0.540.430.47
*Compiled by IPO Central from Prospectus

Deem Roll Tech IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
26 February 20247567,000
24 February 20245547,000
23 February 20244741,000
22 February 20244034,000
21 February 20243527,000
20 February 20243024,500
19 February 20242518,000
17 February 20243020,000

Deem Roll Tech IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered1,077,0001,077,0002,154,000
22 Feb 2024311.94179.46245.70
21 Feb 20243.1212.607.86
20 Feb 20241.053.382.21

The market maker reservation portion of 1,14,000 shares is not included in the above calculations.


Deem Roll Tech IPO Allotment Status

Deem Roll Tech IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.


Deem Roll Tech IPO Dates & Listing Performance

IPO Opening Date20 February 2024
IPO Closing Date22 February 2024
Finalization of Basis of Allotment23 February 2024
Initiation of refunds26 February 2024
Transfer of shares to demat accounts26 February 2024
IPO Listing Date27 February 2024
Opening Price on NSE SMEINR 200 per share (up 55.04%)
Closing Price on NSE SMEINR 209.70 per share (up 62.56)

Deem Roll Tech Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email[email protected]
Website: www.fedsec.in


Deem Roll Tech Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


Deem Roll Tech IPO Contact Details

Deem Roll-Tech Limited
C-3/301, Anushruti Apartment, Opp. New York Tower,
Nr. Jain Mandir, S.G. Highway Ahmedabad, Gujarat-380054
Phone: +91 9925196196
E-mail: [email protected]
Website: www.deemrolls.com


IPO FAQs

What is the Deem Roll Tech offer size?

Deem Roll Tech’s offer size is INR 29.26 crores.

What is the Deem Roll Tech offer price band?

Deem Roll Tech’s public offer price is INR 129 per share.

What is the lot size of the Deem Roll Tech IPO?

Deem Roll Tech’s offer lot size is 1,000 shares.

What is Deem Roll Tech IPO GMP today?

Deem Roll Tech IPO GMP today is INR 75 per share.

What is the Deem Roll Tech kostak rate today?

Deem Roll Tech kostak rate today is NA per application.

What is Deem Roll Tech Subject to Sauda rate today?

Deem Roll Tech is Subject to the Sauda rate today is INR 67,000 per application.

LEAVE A REPLY

Please enter your comment!
Please enter your name here