DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company’s shares. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value.
The company also provides various tech solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.
The company’s test engineers hold ISTQB Gold certification, and its information security management system is ISO/IEC 27001:2022 certified. The company also complies with the requirements of ISO 9001:2015 for its Quality Management System.
The company’s registered office is in Nagpur, with additional presence in Pune, Hyderabad, and Bengaluru.
The company provides services in India as well as in USA, and Dubai (UAE).
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 IPO – Details
| IPO Opening Date | 25 January 2024 |
| IPO Closing Date | 30 January 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 24,00,000 Shares Worth ₹46.08 Crore Fresh Issue: 18,00,000 Shares Worth ₹34.56 Crore Offer For Sale: 6,00,000 Shares Worth ₹11.52 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹186 – ₹192 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
DelaPlex IPO – Date Schedule
| IPO Open Date | 25 January 2024 |
| IPO Close Date | 30 January 2024 |
| Basis of Allotment | 31 January 2024 |
| Initiation of Refund | 01 February 2024 |
| Credit of Shares to Demat Account | 01 February 2024 |
| IPO Listing Date | 02 February 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jan 30, 2024 |
DelaPlex IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 600 | 1,15,200 |
| Retail (Maximum) | 1 | 600 | 1,15,200 |
| HNI (Minimum) | 2 | 1200 | 2,30,400 |
Competitive Strengths
- Software product and solutions for supply chain management.
- Tailored Tech Solutions.
- Clients in international market.
- Wide Service Portfolio.
- Experience of our Promoters and senior management team.
Company Promoters
- Mr. Nitin Sachdeva
- Mr. Manish Iqbalchand Sachdeva
- Mr. Mark T. River
- Ms. Preeti Sachdeva
- M/s delaPlex INC
Object Of The Issue
- 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;
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 36.33 | 31.18 | 4.04 | 9.46 |
| 31 March 2022 | 50.34 | 42.32 | 6.11 | 15.58 |
| 31 March 2023 | 55.21 | 44.60 | 7.90 | 23.49 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.45% |
| ROCE | 56.73% |
| RoNW | 56.73% |
| P/BV | 0 |
DelaPlex IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.66% |
DelaPlex IPO Prospectus
Company Contact Information
| DelaPlex Limited 554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013, Phone: + 91 9766660249 Email: investor@delaplex.in Website: https://delaplex.in/ |
DelaPlex IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
DelaPlex IPO Lead Manager(s)
| 1. Shreni Shares Limited |
DelaPlex IPO FAQs
| What is DelaPlex IPO? DelaPlex IPO is a SME IPO. The issue is priced at ₹186 – ₹192 per equity share. The IPO is to be listed on NSE SME. |
| When DelaPlex IPO will open? The IPO is to open on 24 January 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to DelaPlex IPO? You can apply DelaPlex IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the DelaPlex IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “DelaPlex”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the DelaPlex IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “DelaPlex”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is DelaPlex IPO Size? DelaPlex IPO size is ₹46.08 crores. |
| What is DelaPlex IPO Price Band? DelaPlex IPO Price Band is ₹186 – ₹192. |
| What is DelaPlex IPO Minimum and Maximum Lot Size? The minimum bid is 600 Shares with ₹1,15,200 amount while the maximum bid is 600 shares with ₹1,15,200. |
| What is the DelaPlex IPO Allotment Date? DelaPlex IPO allotment date is 31 January 2024. |
| What is the DelaPlex IPO Listing Date? DelaPlex IPO listing date is 02 February 2024. The IPO is to list on NSE SME. |
