Deem Roll Tech Limited IPO (Deem Roll Tech IPO)

Deem Roll Tech Limited IPO
Upcoming Deem Roll Tech IPO | New Deem Roll Tech IPO

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

Deem Roll Tech IPO – Details

IPO Opening Date20 February 2024
IPO Closing Date22 February 2024
Issue TypeFixed Price Issue IPO
Issue Size22,68,000 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 Lot1000 Shares
Min Order1000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
NII (HNI) Shares Offered50%
Retail Shares Offered50%

Deem Roll Tech IPO – Date Schedule

IPO Open Date20 February 2024
IPO Close Date22 February 2024
Basis of Allotment23 February 2024
Initiation of Refund26 February 2024
Credit of Shares to Demat Account26 February 2024
IPO Listing Date27 February 2024
Cut-off time for UPI mandate confirmation5 PM on 22 February 2024

Deem Roll Tech IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11000₹1,29,000
Retail (Maximum)11000₹1,29,000
HNI (Minimum)22000₹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
Deem Roll Tech IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202164.6157.912.9818.02
31 March 202292.1286.114.0916.36
31 March 2023104.4894.866.9220.80
30 September 202350.2745.643.7120.62
Amount in ₹ Crore

Key Performance Indicator

EPS (Rs)11.48.92
P/E (x)11.3114.46

Deem Roll Tech IPO Promoter Holding

Pre Issue Share Holding92.18%
Post Issue Share Holding67.12%

Deem Roll Tech IPO Prospectus

Company Contact Information

Deem Roll Tech Limited

Survey No.110/1, P-1,110/2
Ta: Kadi Mahesana-382729

Phone: +91 9925196196

Deem Roll Tech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Deem Roll Tech IPO Lead Manager(s)

1. Fedex Securities Pvt Ltd

Deem Roll Tech IPO FAQs

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.
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