Last updated on February 27, 2024
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.
Promoters of Deem Roll Tech – Jyoti Prasad Bhattacharya, and Dev Jyoti prasad Bhattacharya
Table of Contents
Deem Roll Tech IPO Details
| Deem Roll Tech IPO Dates | 20 – 22 Feb 2024 |
| Deem Roll Tech Issue Price | INR 129 per share |
| Fresh issue | 2,268,000 shares (INR 29.26 crore) |
| Offer For Sale | NIL |
| Total IPO size | 2,268,000 shares (INR 29.26 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 129,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Deem Roll Tech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 63.80 | 91.70 | 103.37 | 50.08 |
| Expenses | 57.91 | 86.12 | 94.87 | 45.64 |
| Net income | 2.98 | 4.10 | 6.92 | 3.72 |
Deem Roll Tech Offer News
- Deem Roll Tech RHP
- Deem Roll Tech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Deem Roll Tech Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 5.11 | 7.02 | 11.86 |
| PE ratio | – | – | 10.88 |
| RONW (%) | 12.93 | 15.09 | 20.31 |
| NAV | 39.51 | 46.53 | 58.39 |
| ROCE (%) | 21.68 | 18.27 | 20.26 |
| EBITDA (%) | 17.53 | 10.77 | 12.82 |
| Debt/Equity | 0.54 | 0.43 | 0.47 |
Deem Roll Tech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 February 2024 | 75 | – | 67,000 |
| 24 February 2024 | 55 | – | 47,000 |
| 23 February 2024 | 47 | – | 41,000 |
| 22 February 2024 | 40 | – | 34,000 |
| 21 February 2024 | 35 | – | 27,000 |
| 20 February 2024 | 30 | – | 24,500 |
| 19 February 2024 | 25 | – | 18,000 |
| 17 February 2024 | 30 | – | 20,000 |
Deem Roll Tech IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,077,000 | 1,077,000 | 2,154,000 |
| 22 Feb 2024 | 311.94 | 179.46 | 245.70 |
| 21 Feb 2024 | 3.12 | 12.60 | 7.86 |
| 20 Feb 2024 | 1.05 | 3.38 | 2.21 |
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 Date | 20 February 2024 |
| IPO Closing Date | 22 February 2024 |
| Finalization of Basis of Allotment | 23 February 2024 |
| Initiation of refunds | 26 February 2024 |
| Transfer of shares to demat accounts | 26 February 2024 |
| IPO Listing Date | 27 February 2024 |
| Opening Price on NSE SME | INR 200 per share (up 55.04%) |
| Closing Price on NSE SME | INR 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:Â [email protected]
Website:Â 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:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â 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.
