DelaPlex Limited IPO
NSE SMEListed On: Feb 2, 2024 at ₹ 309.0
₹ 115200 /600 Shares
Check Allotment25 Jan, 2024
Open Date30 Jan, 2024
Close Date31 Jan, 2024
Allotment Date02 Feb, 2024
Listing DateIssue Price
₹186-192 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
309.0Listing Date
2024-02-02Market Lot
600 Shares (₹115,200/-)Lead Manager
Shreni Shares LimitedIssue Size
2,400,000 shares(aggregating up to ₹46.08 Cr)Retail Portion
35%Subscription
177.88 times
The IPO of DelaPlex Limited is priced at ₹186-192 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
DelaPlex Limited IPO bid opening date is from Jan 25, 2024 and the bid closing date was Jan 30, 2024.
DelaPlex Limited IPO allotment result will be available on Jan 31, 2024. The tentative listing date for DelaPlex Limited is Feb 2, 2024.
The total issue size is 2,400,000 shares(aggregating up to ₹46.08 Cr).
DelaPlex Limited IPO Subscription 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
EPS Pre IPO
₹10.82/-EPS Post IPO
₹9.34/-P/E Pre IPO
17.75P/E Post IPO
20.55ROE
40.45%ROCE
56.73%RoNW
56.73%DelaPlex Limited Company Financials All values are in ₹ Lakh
| 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 The 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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.66%
- Mr. Nitin Sachdeva, Mr. Manish Iqbalchand Sachdeva, Mr. Mark T. River, Ms. Preeti Sachdeva and M/s delaPlex INC.
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
Other Details
DelaPlex Limited
554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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. The size of DelaPlex Limited IPO is 2,400,000 shares(aggregating up to ₹46.08 Cr).
Ans. The IPO price band is set between ₹186-192 per equity share.
Ans. To apply for DelaPlex Limited IPO 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 allotment status for DelaPlex Limited IPO here.
