Deem Roll Tech Limited manufactures steel and alloy rolls that are exported to more than 10 countries, including the USA, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. As of September 30, 2023, the company has served over 340 domestic customers and 30 export customers.
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. The manufacturing unit comprises several sections, including engineering & design, mould making, melting, casting, machining, and dispatch, all of which are supported by related quality testing and assurance equipment.
As of March 31, 2023, the company manufactures more than 7 kinds of Rolls. As of December 31, 2023, the company has 275 employees.
Deem Roll Tech IPO – Details
| IPO Opening Date | 20 February 2024 |
| IPO Closing Date | 22 February 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 22,68,000 Shares Worth ₹29.26 Crore Fresh Issue: 22,68,000 Shares Worth ₹29.26 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹129 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Deem Roll Tech IPO – Date Schedule
| IPO Open Date | 20 February 2024 |
| IPO Close Date | 22 February 2024 |
| Basis of Allotment | 23 February 2024 |
| Initiation of Refund | 26 February 2024 |
| Credit of Shares to Demat Account | 26 February 2024 |
| IPO Listing Date | 27 February 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 22 February 2024 |
Deem Roll Tech IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | ₹1,29,000 |
| Retail (Maximum) | 1 | 1000 | ₹1,29,000 |
| HNI (Minimum) | 2 | 2000 | ₹2,58,000 |
Competitive Strengths
- Strong Marketing and Distribution network;
- Robust and Scalable Business Model;
- Diversified customer base and long-standing relationship with their customers;
- Diversified Product Portfolio;
- Experienced Promoter Directors with extensive domain knowledge.
Company Promoters
- Jyoti Prasad Bhattacharya
- Dev Jyotiprasad Bhattacharya
Object Of The Issue
- Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India;
- Funding its Working Capital Requirements; and
- General Corporate Purpose
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 64.61 | 57.91 | 2.98 | 18.02 |
| 31 March 2022 | 92.12 | 86.11 | 4.09 | 16.36 |
| 31 March 2023 | 104.48 | 94.86 | 6.92 | 20.80 |
| 30 September 2023 | 50.27 | 45.64 | 3.71 | 20.62 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 16.83% |
| ROCE | 20.26% |
| Debt/Equity | 0.47 |
| RoNW | 20.31% |
| P/BV | 0.4 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 11.4 | 8.92 |
| P/E (x) | 11.31 | 14.46 |
Deem Roll Tech IPO Promoter Holding
| Pre Issue Share Holding | 92.18% |
| Post Issue Share Holding | 67.12% |
Deem Roll Tech IPO Prospectus
Company Contact Information
| Deem Roll Tech Limited Survey No.110/1, P-1,110/2 Ganeshpura Ta: Kadi Mahesana-382729 Phone: +91 9925196196 Email: accounts@deemrolls.com Website: http://www.deemrolls.com/ |
Deem Roll Tech IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Deem Roll Tech IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Deem Roll Tech IPO FAQs
| What is Deem Roll Tech IPO? Deem Roll Tech IPO is a SME IPO. The issue is priced at ₹129 per equity share. The IPO is to be listed on NSE SME. |
| When Deem Roll Tech IPO will open? The IPO is to open on 20 February 2024 for NII – 50% and Retail – 50% Investors. |
| How to Deem Roll Tech IPO? You can apply Deem Roll Tech 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 Deem Roll Tech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Deem Roll Tech”. 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 Deem Roll Tech IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Deem Roll Tech”. 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 Deem Roll Tech IPO Size? Deem Roll Tech IPO size is ₹29.26 crores. |
| What is Deem Roll Tech IPO Price Band? Deem Roll Tech IPO Price Band is ₹129. |
| What is Deem Roll Tech IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 1000 Shares with ₹1,29,000 amount while the maximum bid is 1000 shares with ₹1,29,000. |
| What is the Deem Roll Tech IPO Allotment Date? Deem Roll Tech IPO allotment date is 23 February 2024. |
