DelaPlex Limited IPO
NSE SMEListed On: Feb 2, 2024 at ₹ 309.0
₹ 230400 /1200 Shares
*Min Investment
25 Jan, 2024
Open Date30 Jan, 2024
Close Date31 Jan, 2024
Allotment Date02 Feb, 2024
Listing DateDelaPlex Limited IPO Issue Details
- Issue Price ₹186-192 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 24,00,000 shares(aggregating up to ₹46.08 crore)
- Fresh Share 18,00,000 shares(aggregating up to ₹34.56 crore)
- Offer For Sale 6,00,000 shares(aggregating up to ₹11.52 crore)
- Listing at NSE SME
- List Price 309.0
- Listing Date 2024-02-02
- Lead Manager Shreni Shares Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 600 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 | 600 | ₹1,15,200 |
| Retail(max) | 1 | 600 | ₹1,15,200 |
| NII (min) | 2 | 1,200 | ₹2,30,400 |
DelaPlex Limited IPO Reservation
DelaPlex Limited IPO offers total 2,400,000 shares. Out of which 455,400 (18.98%) allocated to QIB, 342,000 (14.25%) allocated to NII,797,400 (33.23%) allocated to RII, NA (NA%) allocated to employees and 682,800 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 682,800 (28.45%) | |
| Market Maker Shares Offered | 122,400 (5.1%) | |
| QIB Shares Offered | 455,400 (18.98%) | |
| NII (HNI) Shares Offered | 342,000 (14.25%) | |
| Retail Shares Offered | 797,400 (33.23%) | |
| Total Shares Offered | 2,400,000 (100%) |
DelaPlex Limited IPO Details
DelaPlex Limited IPO is an SME IPO, priced at ₹186-192 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 comprises a total issue of 24,00,000 equity shares, aggregating up to ₹46.08 crores..
The IPO bidding window is open from Jan 25, 2024 to Jan 30, 2024. The allotment is expected to be finalized on Jan 31, 2024, and the tentative listing date is Feb 2, 2024.
The minimum lot size for Retail investors is 600 shares, with a minimum investment of ₹1,15,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,30,400.
Shreni Shares Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Shreni Shares Limited will act as the market maker for this issue.
DelaPlex Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 455,400 / 342,000 | 797,400 | 1,594,800 |
Day 1 25-01-24 06:00 PM | 0.58 / 1.97 x | 5.08 x | 3.13 x |
Day 2 29-01-24 06:00 PM | 0.68 / 29.93 x | 47.93 x | 29.93 x |
Day 3 30-01-24 06:00 PM | 90.91 / 335.59 x | 159.91 x | 177.88 x |
DelaPlex Limited Valuations
DelaPlex Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,638.33 | 1,790.90 | 1,100.77 |
| Revenue | 5,521.81 | 5,034.06 | 3,633.30 |
| Profit After Tax | 790.72 | 611.87 | 404.00 |
About DelaPlex Limited Company
Incorporated on February 12, 2004, DelaPlex Limited is a subsidiary of delaPlex INC., a U.S. enterprise. The shares of the company are 51% held by DelaPlex INC. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value.
The company also caters to all sorts of tech solutions, including various forms of software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.The company's test engineers are ISTQB Gold certified, and its information security management system is ISO/IEC 27001:2022 certified. The company also adheres to the requirements of ISO 9001:2015 for its Quality Management System.
The registered office of the company is located in Nagpur, with further presence in Pune, Hyderabad, and Bengaluru.The company offers services in India as well as in USA, and Dubai (UAE).
As of 30th day of September, 2023, and for the financial year ended 2023, 2022 and Fiscal 2021, operations revenue of the company was Rs. 2,337.75 Lakhs, and ₹ 4,283.60 Lakhs respectively, ₹ 4,014.73 Lakhs and ₹ 3,214.45 Lakhs earned from sales through operations outside of India.
As of September 30th, 2023, the company has a total of 300 personnel, with 286 employees on our payroll and 14 contractors responsible for the day-to-day business operations, administrative, secretarial, legal and accounting functions according to their respective designated duties.
DelaPlex Limited - Promoter(s)
Mr. Nitin Sachdeva, Mr. Manish Iqbalchand Sachdeva, Mr. Mark T. River, Ms. Preeti Sachdeva and M/s delaPlex INC.
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.66%
DelaPlex Limited IPO - Issue Objectives
APAC - Advertisement, Sales and Marketing expenses towards enhancing the awareness
Funding Working Capital Requirements of the Company
Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops
General corporate purposes and unidentified inorganic acquisition
Contact Details
DelaPlex Limited
554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013
+91 9766660249
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
DelaPlex Limited IPO - FAQs
Ans. DelaPlex Limited IPO is a SME IPO. The issue is priced at ₹186-192 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Jan 25, 2024, and closes on Jan 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The DelaPlex Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of DelaPlex Limited IPO is 2,400,000 shares(aggregating up to ₹46.08 Cr).
Ans. The DelaPlex Limited IPO price band is set between ₹186-192 per equity share.
Ans. To apply for DelaPlex Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find DelaPlex 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 DelaPlex Limited IPO is Jan 31, 2024.
Ans. The DelaPlex Limited IPO will be listed on Feb 2, 2024.
Ans. Follow the steps to check the DelaPlex Limited IPO allotment status online.
