Deem Roll Tech Limited IPO
₹129
1000
256.55
| Open Date: | 20-Feb-2024 |
| Close Date: | 22-Feb-2024 |
| Allotment Date: | 23-Feb-2024 |
| Listing Date: | 27-Feb-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹129 Per Equity Share |
| Issue Size: | Total Issue Size 2,268,000 shares (aggregating up to ₹29.26 Cr) : Fresh Issue 2,268,000 shares (aggregating up to ₹29.26 Cr) |
| Market Lot (Min Amount): | Retail - ₹129,000 : HNI - ₹258,000 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 1,077,000 | 1,077,000 | 2,154,000 |
| Day 1 - 20-02-24 05:00 PM | 1.06x | 3.50x | 2.29x |
| Day 2 - 21-02-24 05:00 PM | 3.04x | 12.98x | 8.02x |
| Day 3 - 22-02-24 05:00 PM | 311.95x | 180.50x | 256.55x |
| Total No. of Application: | 194,403 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 180.50x | ||
| Earning Per Share(EPS) | ₹11.4/- |
| P/E Ratio | 11.31 |
| RoNW | 20.31% |
| Net Asset Value (NAV) - Post Issue: | ₹20.31/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 9,825.85 | 5,027.55 | 371.83 |
| 31 Mar,2023 | 9,251.44 | 10,448.57 | 692.05 |
| 31 Mar,2022 | 8,263.02 | 9,212.12 | 409.78 |
| 31 Mar,2021 | 7,898.93 | 6,461.96 | 298.24 |
| Pre Issue Share Holding | 92.18% |
| Post Issue Share Holding | 67.12% |
| 1. Jyoti Prasad Bhattacharya |
| 2. Dev Jyotiprasad Bhattacharya |
The company intends to utilize the proceeds from the Fresh Issue for the following Objects:-
- Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India;
- Funding its Working Capital Requirements; and
- General Corporate Purpose
Incorporated in May 2003, 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.
The 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 represents a compound annual growth rate (CAGR) of 27.30%.
As of December 31, 2023, the company has 275 employees.
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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