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Deem Roll Tech IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mahesana and caters to Steel sector. Fedex Securities Private is the merchant banker of Deem Roll Tech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th September 2023.
Deem Roll Tech IPO open date is 20th February 2024 and close date is 22nd February 2024. IPO Allotment Date is 23rd February 2024 and Listing date is 27th February 2024.Deem Roll Tech IPO size is Rs 29.26 Cr. crores with IPO price of Rs 129.00 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.
Fedex Securities Private Limited is the book-running lead manager of the Deem Roll Tech IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Ss Corporate Securities Limited for Deem Roll Tech IPO.
Deem Roll Tech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Deem Roll Tech IPO, based in Mahesana, operates in the Steel sector with a focus on manufacturing high-quality steel and alloy roll. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Deem Roll Tech IPO size is ₹ 29.26 Cr. Crores with fresh issue size of Rs 29.26 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Deem Roll Tech IPO is expected to be 23rd February 2024, after the finalization of basis of allotment. Investors can check Deem Roll Tech IPO allotment status on the registrars website, Bigshare Services Private Limited. Deem Roll Tech IPO refund dates are 26th February 2024.
Deem Roll Tech IPO is expected to be listed on 27th February 2024.
The upper price band for the Deem Roll Tech IPO is set at ₹ 129.00 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 Deem Roll Tech 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 Deem Roll Tech 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 22nd February 2024. After submission, funds are blocked until the basis of allotment of Deem Roll Tech IPO is finalised.
The merchant banker for Deem Roll Tech IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Deem Roll Tech IPO RHP for further details.
The registrar for Deem Roll Tech 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 Deem Roll Tech IPO through their official website or helpline.
Deem Roll Tech IPO was subscribed 256.55 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 29.26 Cr.
Avg IPO Size (Sector Based)
:
₹ 32.34 Cr.
Sector: Steel
SME IPO so far:
26
Merchant Banker:
Fedex Securities
SME IPO by BRLM so far:
47
City:
Mahesana
SME IPO so far:
4
Revenue (annualised):
₹ 100.56 cr.
PE
Ratio:
14.46x
Average Sector PE Ratio: 16.09x
Deem Roll Tech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Deem Roll Tech Financial Review Page
Merchant Banker(s) of Deem Roll Tech IPO: Fedex Securities Private Limited
Deem Roll Tech IPO subscription was 256.55 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.
Deem Roll Tech IPO listed at a listing price of 209.70 against the offer price of 129.00.
The current market price of Deem Roll Tech is 66.45.
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