Deem Roll Tech IPO Details ( Deem Roll Tech Limited IPO Review )
(20 Feb 2024 – 22 Feb 2024)
Founded in May 2003, Deem Roll Tech Limited is a company that makes steel and alloy rolls. Our high-quality rolls are sent to more than 10 countries, including the USA, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. By September 30, 2023, we’ve proudly served over 340 customers within the country and 30 international customers.
With three manufacturing units, we operate in Mehsana, Gujarat; Dadpur, Hoogly, West Bengal; and Ahmedabad, Gujarat. Our manufacturing process involves various stages like engineering & design, mould making, melting, casting, machining, and dispatch. Each step is supported by quality testing and assurance equipment to ensure the best possible product.
As of March 31, 2023, we produce more than 7 types of rolls, catering to diverse needs. Our revenue from operations for the six-month period ending on September 30, 2023, and for the fiscal years 2021, 2022, and 2023 were ₹6,379.49 lakhs, ₹9,170.45 lakhs, ₹10,337.12 lakhs, and ₹5,007.78 lakhs, respectively. This indicates a strong compound annual growth rate (CAGR) of 27.30%.
By December 31, 2023, our dedicated team has grown to include 275 employees, contributing to our success and commitment to excellence.
Deem Roll Tech Limited Company Product
- Adamite Rolls
- Double Pour Indefinite Chilled Rolls
- Forged Steel Rolls
- HSS Rolls
- Indefinite Chilled Rolls
- Spheodial Graphite Iron Rolls
Deem Roll Tech Limited IPO Competitive Strength
- Diversified customer base and long-standing relationship with our customers
- Diversified and Established Product
- Experienced Promoter Directors with extensive domain knowledge
- Well Established Manufacturing Facility designed to serve multiple products range
- Quality assurance and accreditations
- Healthy financial condition
Deem Roll Tech IPO Financials Performance ( Results )
Deem Roll Tech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 7,898.93 | 6,461.96 | 298.24 | 5.11 | 2,306.35 | 3,217.60 | 1,802.25 |
| 31-Mar-22 | 8,263.02 | 9,212.12 | 409.78 | 7.02 | 2,716.16 | 3,627.38 | 1,636.65 |
| 31-Mar-23 | 9,251.44 | 10,448.57 | 692.05 | 11.86 | 3,408.19 | 4,319.43 | 2,080.88 |
| 30-Sep-23 | 9,825.85 | 5,027.55 | 371.83 | 6.37 | 3,780.02 | 4,245.86 | 2,062.47 |
Objective of Deem Roll Tech IPO 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 Basic Details
| IPO Date | Feb 20, 2024 to Feb 22, 2024 |
| Listing Date | Tuesday, February 27, 2024 |
| Face Value | ₹10 per share |
| Price | ₹129 per share |
| Lot Size | 1000 Shares |
| Issue Size | 2,268,000 shares of ₹10 (aggregating up to ₹29.26 Cr) |
| Fresh Issue | 2,268,000 shares of ₹10 (aggregating up to ₹29.26 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,069,272 |
| Share holding post issue | 8,337,272 |
| Company Promoters | Jyoti Prasad Bhattacharya and Dev Jyotiprasad Bhattacharya |
Deem Roll Tech IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Deem Roll IPO Timetable
Deem Roll IPO will open on February 20, 2024 and close on February 22, 2024. You can join Deem Roll Tech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 20 February 2024 (Tuesday) |
| Closing Date | 22 February 2024 (Thursday) |
| Basis of Allotment | 23 February 2024 (Friday) |
| Initiation of Refunds | 26 February 2024 (Monday) |
| Credit of Shares to Demat | 26 February 2024 (Monday) |
| Listing Date | 27 February 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 22 February 2024 |
Deem Roll IPO Lot Size
For retail investors in Deem Roll IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹129,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹129,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1000 | ₹129,000 |
| Retail (Max) | 1 | 1000 | ₹129,000 |
| S-HNI (Min) | 2 | 2000 | ₹258,000 |
Deem Roll Tech IPO Promoter Holding
The company’s promoters include Jyoti Prasad Bhattacharya and Dev Jyotiprasad Bhattacharya.
| Pre Issue Share Holding | 92.18% |
| Post Issue Share Holding | 67.12% |
Deem Roll Tech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 107.55 |
| Earning Per Share (EPS) | ₹8.92 per Equity Share |
| Net Asset Value (NAV) | ₹58.39 per Equity Share |
| P/E Ratio (P/E) (x) | 11.31 |
| Post P/E Ratio (P/E) (x) | 14.46 |
| Return on Net Worth (RoNW) (%) | 20.31 |
| Return on equity (ROE) (%) | 16.83 |
| Return on Capital Employed (ROCE) (%) | 20.26 |
| Debt/Equity Ratio | 0.47 |
| Price/Book Value Ratio | 0.40 |
Deem Roll Tech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹46 | – | – |
| 20 February 2024 | ₹46 | – | – |
| 19 February 2024 | ₹46 | – | – |
Deem Roll Tech IPO Detail Video:
link
Deem Roll Tech IPO Subscription Status (Bidding Detail)
The Deem Roll Tech IPO on February 22, 2024 at 7:30:00 PM was subscribed 256.55 times, with the retail category being subscribed 180.50 times, the other category being subscribed 311.95 times.
| Category | Subscription |
| Other | 311.95x |
| Retail | 180.50x |
| Total | 256.55x |
Deem Roll Tech IPO Prospectus
| Deem Roll Tech IPO DRHP | Download |
| Deem Roll Tech IPO RHP | Download |
| Deem Roll Tech IPO Anchor Investors Details PDF | Download |
Deem Roll Tech IPO Rating
| Our Rating | 3.0/5.0 |
Deem Roll Tech Company Contact Information
Deem Roll Tech Limited
Corporate Identification Number: U27109GJ2003PLC042325
Registered Office: Survey No.110/1, P-1,110/2, Ganeshpura, Ta: Kadi Mahesana,Gujarat – 382 729, India
Corporate Office: C-3/301, Anushruti Apartment, Opp. New York Tower, Nr. Jain Mandir, S.G. Highway Ahmedabad Gujarat 380054 India
Tel No.: +91 9925196196
Email: accounts@deemrolls.com
Website: www.deemrolls.com
Contact Person: Alka Kumari, Company Secretary & Compliance Officer
Our Promoters: Jyoti Prasad Bhattacharya and Dev Jyotiprasad Bhattacharya
Deem Roll Tech IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No S-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre Andheri (East) Mumbai – 400 093, Maharashtra, India.
Tel No: +91 022 6263 8200
Fax No: +91 22 6263 8299
E-mail Id: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration No: INR000001385
Deem Roll Tech IPO Lead Manager
Fedex Securities Private Limited
Registered Office: B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East], Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: mb@fedsec.in
Deem Roll Tech IPO FAQs
What is the lot size of Deem Roll Tech IPO?
The total size of Deem Roll Tech IPO is ₹29.26 crores and this is a complete fresh Issue.
When will Deem Roll Tech IPO start?
Deem Roll Tech IPO will open from 20 February 2024 and IPO will close on 22 February 2024.
What is the open date of Deem Roll Tech IPO?
Deem Roll Tech IPO will open date from 20 February 2024.
What is the last date ( close date ) of Deem Roll Tech IPO?
Deem Roll Tech IPO will close from 22 February 2024.
What is the price band of Deem Roll Tech IPO?
Deem Roll Tech IPO price band is ₹129.
What is the minimum amount required to apply for Deem Roll Tech IPO?
The minimum investment for retailers to apply for Deem Roll Tech IPO is ₹129,000 and the maximum investment is ₹129,000.
What is going on gray market premium of Deem Roll Tech IPO?
View gray market premium of Deem Roll Tech IPO by Clicking Here
How much is the GMP of Deem Roll Tech IPO?
Watch Deem Roll Tech IPO GMP Today: Click Here
What is the allotment date of Deem Roll Tech IPO?
The allotment date of Deem Roll Tech IPO is 23 February 2024.
How to check allotment status in Deem Roll Tech IPO?
To check the allotment status of Deem Roll Tech IPO, first of all go to the registrar website by clicking here, select your bad Deem Roll Tech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Deem Roll Tech IPO?
The listing date of Deem Roll Tech IPO is 27 February 2024.
How much will be the listing gain in Deem Roll Tech IPO?
View listing gain of Deem Roll Tech IPO by Clicking Here
How much time Deem Roll Tech IPO is subscribed?
Total 256.55 times subscribed in Deem Roll Tech IPO out of which 180.50 times subscription was done in retail quota, 311.95 times subscription in other quota.
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