DelaPlex Limited IPO (DelaPlex IPO)

DelaPlex Limited IPO
Upcoming DelaPlex IPO | New DelaPlex IPO

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

DelaPlex IPO – Details

IPO Opening Date25 January 2024
IPO Closing Date30 January 2024
Issue TypeBook Built Issue IPO
Issue Size24,00,000 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 Lot600 Shares
Min Order600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

DelaPlex IPO – Date Schedule

IPO Open Date25 January 2024
IPO Close Date30 January 2024
Basis of Allotment31 January 2024
Initiation of Refund01 February 2024
Credit of Shares to Demat Account01 February 2024
IPO Listing Date02 February 2024
Cut-off time for UPI mandate confirmation5 PM on Jan 30, 2024

DelaPlex IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)16001,15,200
Retail (Maximum)16001,15,200
HNI (Minimum)212002,30,400

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;
DelaPlex IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202136.3331.184.049.46
31 March 202250.3442.326.1115.58
31 March 202355.2144.607.9023.49
Amount in ₹ Crore

Key Performance Indicator


DelaPlex IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.66%

DelaPlex IPO Prospectus

Company Contact Information

DelaPlex Limited

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

Phone: + 91 9766660249

DelaPlex IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

DelaPlex IPO Lead Manager(s)

1. Shreni Shares Limited

DelaPlex IPO FAQs

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.
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