De Neers Tools Limited IPO

De Neers Tools Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹101 per share. The stock debuted at ₹190, delivering a listing gain of 88.1%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,21,200.

De Neers Tools Limited IPO

NSE SME Listed
₹1,21,200 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Apr 28, 2023 – May 3, 2023
Price band
₹95-101 per equity share
Minimum Investment
₹1,21,200
Issue size
2,276,800 shares(aggregating up to ₹23.00 Cr)
Lot size
1200
Allotment Date
May 8, 2023
Listing
May 11, 2023
Listing At
NSE SME

IPO timeline

  1. Apr 28, 2023

    Open Date

    Completed

  2. May 3, 2023

    Close Date

    Completed

  3. May 8, 2023

    Allotment Date

    Completed

  4. May 11, 2023

    Listing Date

    Completed

De Neers Tools Limited IPO Essentials

De Neers Tools Limited IPO Details

De Neers Tools Limited IPO is priced at ₹95-101 per share with a total issue size of 2,276,800 shares(aggregating up to ₹23.00 Cr). The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹95-101 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
2,276,800 shares(aggregating up to ₹23.00 Cr)
Listing at
NSE SME
List price
190.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Khambatta Securities Limited

De Neers Tools Limited IPO Details

  • Retail Portion N/A

De Neers Tools Limited IPO Documents

De Neers Tools Limited IPO Analytics

De Neers Tools Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

De Neers Tools Limited IPO Subscription Status

De Neers Tools Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS (Post IPO)
₹7.97/-

Returns

RoNW
21.17%

Data sourced from DRHP / RHP • For educational purposes only

De Neers Tools Limited Financials( In Lakhs)

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

De Neers Tools Limited Company & Offer Insights

About De Neers Tools Limited

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 are the company's promoters of De Neers Tools Limited.

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.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

De Neers Tools Limited IPO is a book-built IPO worth ₹2,276,800 shares(aggregating up to ₹23.00 Cr). The price band is ₹95–₹101 per share. The IPO opens on Apr 28, 2023 and closes on May 3, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of De Neers Tools Limited IPO is ₹95 to ₹101 per share.

The lot size of De Neers Tools Limited IPO is 1200 shares.

The minimum investment for De Neers Tools Limited IPO is approximately ₹1,21,200 based on the upper price band .

De Neers Tools Limited IPO opens on Apr 28, 2023 and closes on May 3, 2023.

The allotment date of De Neers Tools Limited IPO is May 8, 2023.

De Neers Tools Limited IPO is expected to be listed on May 11, 2023, on NSE SME Platform.

De Neers Tools Limited IPO valuation snapshot: P/E N/A, EPS ₹7.97/-, P/B N/A, RoNW 21.17%, and market cap N/A.

To apply for De Neers Tools Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of De Neers Tools Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for De Neers Tools Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check De Neers Tools Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the De Neers Tools Limited IPO allotment status on IPO Ji for quick and easy access.