De Neers Tools Limited IPO
NSE SMEListed On: May 11, 2023 at ₹ 190.0
₹ 242400 /2400 Shares
*Min Investment
28 Apr, 2023
Open Date03 May, 2023
Close Date08 May, 2023
Allotment Date11 May, 2023
Listing DateDe Neers Tools Limited IPO Issue Details
- Issue Price ₹95-101 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,276,800 shares(aggregating up to ₹23.00 Cr)
- Listing at NSE SME
- List Price 190.0
- Listing Date 2023-05-11
- Lead Manager Khambatta Securities Limited
- Registrar Bigshare Services Pvt Ltd
De Neers Tools Limited IPO Details
- Retail Portion N/A
De Neers Tools Limited IPO Details
De Neers Tools Limited IPO is an SME IPO, priced at ₹95-101 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Apr 28, 2023 to May 3, 2023. The allotment is expected to be finalized on May 8, 2023, and the tentative listing date is May 11, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
De Neers Tools Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,138,200 / 341,460 | 796,740 | 2,276,400 |
Day 1 28-04-23 06:00 PM | 0.00 / 0.25 x | 0.26 x | 0.13 x |
Day 2 02-05-23 06:00 PM | 0.00 / 3.39 x | 1.87 x | 1.16 x |
Day 3 03-05-23 06:00 PM | 3.72 / 60.16 x | 11.88 x | 15.04 x |
De Neers Tools Limited Valuations
De Neers Tools Limited Company Financials
| 31-Oct-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 12,558.14 | 9,933.52 | 6,111.28 | 5,570.44 |
| Revenue | 5,602.65 | 8,008.68 | 6,211.77 | 7,349.62 |
| Profit After Tax | 386.98 | 504.42 | 65.77 | 43.94 |
About De Neers Tools Limited Company
De Neers Tools Limited supplies industrial tools. The company offers spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, trolleys, etc.
The company's brand name is De Neers. At present, company has approximately 250 dealers throughout India.
The company also specializes in providing safety tools like non-sparking tools, insulated steel tools, non-sparking insulated tools, stainless steel & magnetic tools, titanium tools along with multiple other hand tools.
De Neers Tools' client list includes Tata Steel, Indian oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and so on.
De Neers Tools Limited - Promoter(s)
Mr. Neeraj Kumar Aggarwal
Mrs. Shilpy Aggarwal
Mr. Kanav Gupta
Pre Issue Share Holding : %
Post Issue Share Holding : %
De Neers Tools Limited IPO - Issue Objectives
To meet the working capital requirements of the company.
For general corporate purposes and to meet the issue expenses.
De Neers Tools Limited IPO - FAQs
Ans. De Neers Tools Limited IPO is a SME IPO. The issue is priced at ₹95-101 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Apr 28, 2023, and closes on May 3, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The De Neers Tools Limited IPO opens on Apr 28, 2023 and closes on May 3, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of De Neers Tools Limited IPO is 2,276,800 shares(aggregating up to ₹23.00 Cr).
Ans. The De Neers Tools Limited IPO price band is set between ₹95-101 per equity share.
Ans. To apply for De Neers Tools Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find De Neers Tools Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of De Neers Tools Limited IPO is May 8, 2023.
Ans. The De Neers Tools Limited IPO will be listed on May 11, 2023.
Ans. Follow the steps to check the De Neers Tools Limited IPO allotment status online.
