DelaPlex Limited IPO

DelaPlex Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹186–₹192 per share. The stock debuted at ₹309, delivering a listing gain of 60.9%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,15,200.

DelaPlex Limited IPO

NSE SME Listed
₹1,15,200 (600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 25, 2024 – Jan 30, 2024
Price band
₹186-192 per equity share
Minimum Investment
₹1,15,200
Issue size
₹46.08 Cr
Lot size
600
Allotment Date
Jan 31, 2024
Listing
Feb 2, 2024
Listing At
NSE SME

IPO timeline

  1. Jan 25, 2024

    Open Date

    Completed

  2. Jan 30, 2024

    Close Date

    Completed

  3. Jan 31, 2024

    Allotment Date

    Completed

  4. Feb 2, 2024

    Listing Date

    Completed

DelaPlex Limited IPO Essentials

DelaPlex Limited IPO Details

DelaPlex Limited IPO is priced at ₹186-192 per share with a total issue size of 46.08 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.

Issue price
₹186-192 per equity share
Lot size
600 shares
Face value
₹10 Per Equity Share
Issue size
2,400,000 shares(aggregating up to ₹46.08 Cr)
Total issue size
24,00,000 shares
(aggregating up to ₹46.08 crore)
Fresh issue
18,00,000 shares
(aggregating up to ₹34.56 crore)
Offer for sale (OFS)
6,00,000 shares
(aggregating up to ₹11.52 crore)
Listing at
NSE SME
List price
309.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Shreni Shares Limited

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 Documents

DelaPlex Limited IPO Reservation

DelaPlex Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,400,000 shares, approximately 18.98% are reserved for QIB, 14.25% for NII, 33.23% for retail investors, 5.1% for market maker, and 28.45% for 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 Analytics

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

DelaPlex Limited IPO Subscription Status

DelaPlex 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 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

Earnings

EPS Pre IPO
₹10.82/-
EPS Post IPO
₹9.34/-
P/E Pre IPO
17.75
P/E Post IPO
20.55

Returns

ROE
40.45%
ROCE
56.73%
RoNW
56.73%

Data sourced from DRHP / RHP • For educational purposes only

DelaPlex Limited Financials( In Lakhs)

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

DelaPlex Limited Company & Offer Insights

About DelaPlex Limited

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. are the company's promoters of DelaPlex Limited.

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 Information

Contact Details

DelaPlex Limited

+91 9766660249

investor@delaplex.in

https://delaplex.in/

554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

DelaPlex Limited IPO is a book-built IPO worth ₹46.08 crore. The price band is ₹186–₹192 per share. The IPO opens on Jan 25, 2024 and closes on Jan 30, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of DelaPlex Limited IPO is ₹186 to ₹192 per share.

The lot size of DelaPlex Limited IPO is 600 shares.

The minimum investment for DelaPlex Limited IPO is approximately ₹1,15,200 based on the upper price band .

DelaPlex Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.

The allotment date of DelaPlex Limited IPO is Jan 31, 2024.

DelaPlex Limited IPO is expected to be listed on Feb 2, 2024, on NSE SME Platform.

DelaPlex Limited IPO valuation snapshot: P/E 20.55, EPS ₹9.34/-, P/B N/A, RoNW 56.73%, and market cap N/A.

To apply for DelaPlex 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 DelaPlex 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 DelaPlex Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

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