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De Neers Tools IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Steel - Tools sector. Share India Capital Services Private is the merchant banker of De Neers Tools IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th January 2023.
De Neers Tools IPO open date is 28th April 2023 and close date is 3rd May 2023. IPO Allotment Date is 8th May 2023 and Listing date is 11th May 2023.De Neers Tools IPO size is Rs 22.99 Cr. crores with IPO price of Rs 101.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Share India Capital Services Private Limited is the book-running lead manager of the De Neers Tools IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Share India Securities Limited for De Neers Tools IPO.
De Neers Tools IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
De Neers Tools IPO, based in New Delhi, operates in the Steel - Tools sector with a focus on Specialized in providing safety tools. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. De Neers Tools IPO size is ₹ 22.99 Cr. Crores with fresh issue size of Rs 22.99 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for De Neers Tools IPO is expected to be 8th May 2023, after the finalization of basis of allotment. Investors can check De Neers Tools IPO allotment status on the registrars website, Bigshare Services Private Limited. De Neers Tools IPO refund dates are 9th May 2023.
De Neers Tools IPO is expected to be listed on 11th May 2023.
The upper price band for the De Neers Tools IPO is set at ₹ 101.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on De Neers Tools IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the De Neers Tools IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd May 2023. After submission, funds are blocked until the basis of allotment of De Neers Tools IPO is finalised.
The merchant banker for De Neers Tools IPO is Share India Capital Services Private Limited , Khambatta Securities Limited . Share India Capital Services Private Limited , Khambatta Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the De Neers Tools IPO RHP for further details.
The registrar for De Neers Tools IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to De Neers Tools IPO through their official website or helpline.
De Neers Tools IPO was subscribed 15.04 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 22.99 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.99 Cr.
Sector: Steel - Tools
SME IPO so far:
1
Merchant Banker:
Share India
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 96.03 cr.
PE
Ratio:
13.10x
Average Sector PE Ratio: 13.10x
De Neers Tools IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on De Neers Tools Financial Review Page
Merchant Banker(s) of De Neers Tools IPO: Share India Capital Services Private Limited , Khambatta Securities Limited
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 304.00.
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