214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

De Neers Tools IPO (De Neers Tools Limited IPO) Detail

De Neers Tools Limited is an Steel - Tools based company, located in New Delhi, De Neers Tools Limited IPO size was 22.99 Cr. and was issued at 101.00 per share. The share of De Neers Tools Limited were listed at 190.00 per share and are currently trading at 178.60 per share.

Type :
Sub Sector : Specialized In Providing Safety Tools
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
96.05 Cr.

PAT :
6.63 Cr.

Pricing Report

Issue Price :
101.00

Listing Price :
190.00

Current Market Price :
178.60

Issue Price vs CMP :
77.6 (76.83%)

listing Price vs CMP :
11.4 (6.00%)

Performance Report (CAGR* wise)

CAGR : 26.6
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About De Neers Tools

Company Information
De Neers Tools is an ISO 9001:2015, ISO 14001:2015 and 45001:2018 accredited company. Today, they have over 3200 SKUs and they are the fourth-generation serving the hand tools industry since 1952 i.e. over seven decades. Generation on generations, they have learned and adopted new and improved systems to increase their dealership network, customer reach and the best practices to satisfy their customers’ needs to the fullest. De Neers is among the few key players in the hand tool industry as per the industry report of CareEdge. They provide a very broad range of hand tools in India with approximately two-third of their revenue geographically concentrated in the states of Delhi NCR, Gujarat, Telangana, Bihar & Uttar Pradesh (UP). Their extensive range of products includes spanners,
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Object of Issue
  • To meet the working capital requirements of the company
  • For general corporate purposes and to meet the issue expenses

De Neers Tools SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2023
IPO Size :
22.99 Cr.
Market Cap :
86.91 Cr.   
IPO Subscription :
15.04 X     
PE Multiple :
13.10
Anchor Investors:
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Peer Companies Of This Sector

FAQs

De Neers Tools operates in Steel - Tools and Specialized In Providing Safety Tools. The Issue is listed on NSE EMERGE in May, 2023. De Neers Tools IPO size was 22.99 Cr. with Issue price of 101.00 .

De Neers Tools IPO subscription was 15.04 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

De Neers Tools IPO listed at a listing price of 190.00 against the offer price of 101.00.

The current market price of De Neers Tools is 178.60.

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