Deem Roll Tech Limited IPO
Deem Roll Tech Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹129 per share. The stock debuted at ₹200, delivering a listing gain of 55.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,29,000.
Deem Roll Tech Limited IPO
- IPO Dates
- Feb 20, 2024 – Feb 22, 2024
- Price band
- ₹129 per equity share
- Minimum Investment
- ₹1,29,000
- Issue size
- ₹29.26 Cr
- Lot size
- 1000
- Allotment Date
- Feb 23, 2024
- Listing
- Feb 27, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 20, 2024
Open Date
Completed
-
Feb 22, 2024
Close Date
Completed
-
Feb 23, 2024
Allotment Date
Completed
-
Feb 27, 2024
Listing Date
Completed
Deem Roll Tech Limited IPO Essentials
Deem Roll Tech Limited IPO Details
Deem Roll Tech Limited IPO is priced at ₹129 per share with a total issue size of 29.26 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹129 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,268,000 shares(aggregating up to ₹29.26 Cr)
- Total issue size
- 22,68,000 shares
(aggregating up to ₹29.26 crore) - Fresh issue
- 22,68,000 shares
(aggregating up to ₹29.26 crore) - Listing at
- NSE SME
- List price
- 200.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,29,000 |
| Retail(max) | 1 | 1000 | ₹1,29,000 |
| NII (min) | 2 | 2,000 | ₹2,58,000 |
Deem Roll Tech Limited IPO Reservation
Deem Roll Tech Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,268,000 shares, approximately 47.49% for retail investors, and 5.03% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 114,000 (5.03%) | |
| Retail Shares Offered | 1,077,000 (47.49%) | |
| Total Shares Offered | 2,268,000 (100%) |
Deem Roll Tech Limited IPO Analytics
Deem Roll Tech Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Deem Roll Tech Limited IPO Subscription Status
Deem Roll Tech 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 | 1,077,000 | 1,077,000 | 2,154,000 |
|
Day 1
20-02-24 06:00 PM
|
(1.06) x | 3.50 x | 2.29 x |
|
Day 2
21-02-24 06:00 PM
|
(3.04) x | 12.98 x | 8.02 x |
|
Day 3
22-02-24 06:00 PM
|
(311.94) x | 179.46 x | 245.70 x |
Deem Roll Tech Limited Valuations
Earnings
- EPS Pre IPO
- ₹11.4/-
- EPS Post IPO
- ₹8.92/-
- P/E Pre IPO
- 11.31
- P/E Post IPO
- 14.46
Returns
- ROE
- 16.83%
- ROCE
- 20.26%
- RoNW
- 20.31%
Fundamentals
- Debt / Equity
- 0.47
- Price / Book
- 2.21
Deem Roll Tech Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 9,251.44 | 8,263.02 | 7,898.93 |
| Revenue | 10,448.57 | 9,212.12 | 6,461.96 |
| Profit After Tax | 692.05 | 409.78 | 298.24 |
| Net Worth | 3,408.19 | 2,716.16 | 2,306.35 |
| Reserves & Surplus | 4,319.43 | 3,627.38 | 3,217.60 |
| Total Borrowing | 2,080.88 | 1,636.65 | 1,802.25 |
Deem Roll Tech Limited Company & Offer Insights
About Deem Roll Tech Limited
Deem Roll Tech Limited incorporated in May 2003 deals with the manufacturing of steel and alloy rolls, which exports to more than 10 countries; the list also includes the USA, Germany, Europe, Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. The company so far has managed to serve around 340 local customers and export customers are nearly 30 at September 30, 2023.
The company has three manufacturing Units one of which is located in Mehsana, Gujarat, the second unit is located in Dadpur, Hoogly, West Bengal and the third unit is located in Ahmedabad,Gujrat. Manufacturing unit comprises of several sections like engineering & design, Mould making, melting casting, machining dispatch, machining and dispatch all of which are supported by related quality testing and assurance equipment.
The company manufactures over 7 types of Rolls as of March 31, 2023.
During the six months ended September 30, 2023, and for the years ending March 31, 2021, March 31, 2022, and March 31, 2023, the company has earned ₹6,379.49 lacs, ₹9,170.45 lacs, ₹10,337.12 lacs, and ₹5,007.78 lacs, respectively. This indicates a compound annual growth rate of 27.30%.
As of December 31, 2023, the employee strength of the company is 275.
Deem Roll Tech Limited Promoter(s)
Jyoti Prasad Bhattacharya, Dev Jyotiprasad Bhattacharya are the company's promoters of Deem Roll Tech Limited.
Deem Roll Tech Limited IPO Issue Objectives
- •
- Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India
- •
- Funding its Working Capital Requirements
- •
- General Corporate Purpose
Deem Roll Tech Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Deem Roll Tech Limited | 11.86 | 11.86 | 58.39 | 11.31 | 15.52 | 2.21 | N/A |
| Tayo Rolls Ltd. | -3.36 | -3.36 | -471.86 | -28.43 | N/A | N/A | Standalone |
Notes:
- Net Asset Value per Equity Share After Bonus Issue is 58.39 as of March 31, 2023.
- Tayo Rolls Limited is under the IRP process with no business operations.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
Contact Information
Contact Details
Deem Roll Tech Limited
+91 9925196196
Survey No.110/1, P-1,110/2, Ganeshpura, Ta: Kadi Mahesana-382729
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Deem Roll Tech Limited IPO is a Fixed Priced IPO worth ₹29.26 crore. The issue price is ₹129 per share (fixed price). The IPO opens on Feb 20, 2024 and closes on Feb 22, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Deem Roll Tech Limited IPO is ₹129 per share (fixed price).
The lot size of Deem Roll Tech Limited IPO is 1000 shares.
The minimum investment for Deem Roll Tech Limited IPO is approximately ₹1,29,000 based on the issue price .
Deem Roll Tech Limited IPO opens on Feb 20, 2024 and closes on Feb 22, 2024.
The allotment date of Deem Roll Tech Limited IPO is Feb 23, 2024.
Deem Roll Tech Limited IPO is expected to be listed on Feb 27, 2024, on NSE SME Platform.
Deem Roll Tech Limited IPO valuation snapshot: P/E 14.46, EPS ₹8.92/-, P/B 2.21, RoNW 20.31%, and market cap N/A.
To apply for Deem Roll Tech 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 Deem Roll Tech 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 Deem Roll Tech Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Deem Roll Tech Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Deem Roll Tech Limited IPO allotment status on IPO Ji for quick and easy access.