Deem Roll Tech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,077,000 (47%) | — | ₹1,389 Cr |
| Retail | — | 1,077,000 (47%) | — | ₹1,389 Cr |
| Market Maker | — | 114,000 (5%) | — | ₹15 Cr |
| Σ Total | — | 2,268,000 (100%) | — | ₹29,257 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹129,000 |
| Retail (Max) | 13 | 13,000 | ₹1,677,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,806,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,643,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 5,028 | 10,449 | 9,212 |
| Profit After Tax | 372 | 692 | 410 |
| Net Worth | 3,780 | 3,408 | 2,716 |
| Total Assets | 9,826 | 9,251 | 8,263 |
| Reserves & Surplus | 4,246 | 4,319 | 3,627 |
| Total Borrowing | 2,062 | 2,081 | 1,637 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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 Overview
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.