58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

DelaPlex Limited IPO (DelaPlex IPO) Detail

DelaPlex IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Nagpur and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of DelaPlex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th December 2023.

DelaPlex IPO open date is 25th January 2024 and close date is 30th January 2024. IPO Allotment Date is 31st January 2024 and Listing date is 2nd February 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

DelaPlex IPO Date

Date of DRHP:
6th December 2023
IPO Allotment Date:
31st January 2024
IPO Open Date:
25th January 2024
Initiation of Refund:
31st January 2024
IPO Closing Date:
30th January 2024
IPO Listing Date:
2nd February 2024

DelaPlex Limited IPO Info, Size, Subscription

DelaPlex IPO size is Rs 46.08 Cr. crores with IPO price of Rs 192.00 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.

IPO Size :
₹ 46.08 Cr.

Issue Price:
₹ 192.00

Market Capitalisation :
₹ 174.91 Cr.

PE multiple :
20.55

Subscription :
177.80 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.66%

DelaPlex IPO Information

Sub Sector : IT related solutions and service provides
DelaPlex is a technology and software development solution and consulting provider, helping client companies to achieve in deriving growth, revenue and marketplace value. The Company has developed expertise and partnerships with various industry players that provide the latest technology, tools, and software development solutions. The Company is a global technology partner in Supply Chain Consulting, Custom Software Development, Cloud Services, and Data Science. Further the Company, offers various tech solutions encompassing software-defined data centers, integrated infrastructure, cloud technologies, DevOps, security solutions, data analytics, and artificial intelligence. Built for their channel partners and end users i, they create next-gen solutions to address IT problems. delaPlex Limited (dpl) is a subsidiary of delaPlex INC., a U.S.- based enterprise, where delaPlex INC. holds 51% of the company's shares.

Object of Issue (DelaPlex Limited IPO Objectives)

  • APAC - Advertisement, Sales and Marketing expenses towards enhancing the awareness
  • Funding Working Capital Requirements of the Company
  • Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops
  • General Corporate Purposes

Shreni Shares Limited is the book-running lead manager of the DelaPlex IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for DelaPlex IPO.

DelaPlex Limited IPO Market Maker

Shreni Shares Limited

DelaPlex Limited IPO Registrar (RTA)

Bigshare Services Private Limited

DelaPlex Limited IPO Lead Manager (BRLM)

Shreni Shares Limited

DelaPlex IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.

Anchor Investors in DelaPlex Limited IPO

No. of Anchor Investors: 9

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Nova Global Opportunities 52,200.00 ₹192.00 ₹10,022,400.00
Meru Investment Fund 72,000.00 ₹192.00 ₹13,824,000.00
Chhattisgarh Investments Limited 52,200.00 ₹192.00 ₹10,022,400.00
FINAVENUE CAPITAL TRUST 52,200.00 ₹192.00 ₹10,022,400.00
Resonance Opportunities Fund 52,200.00 ₹192.00 ₹10,022,400.00
Chanakya Opportunities Fund 156,600.00 ₹192.00 ₹30,067,200.00
Silver Stallion Limited 88,800.00 ₹192.00 ₹17,049,600.00
Kingsman Wealth Fund 104,400.00 ₹192.00 ₹20,044,800.00
Tryrock Capital Trust 52,200.00 ₹192.00 ₹10,022,400.00

DelaPlex IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is DelaPlex IPO?

DelaPlex IPO, based in Nagpur, operates in the   Information Technology - Data Solutions sector with a focus on IT related solutions and service provides. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. DelaPlex IPO size is ₹ 46.08 Cr. Crores with fresh issue size of Rs 46.08 Cr. Crores and Offer for sale being 46.08..

When is DelaPlex Limited IPO allotment?

The IPO allotment date for DelaPlex IPO is expected to be 31st January 2024, after the finalization of basis of allotment. Investors can check DelaPlex IPO allotment status on the registrars website, Bigshare Services Private Limited. DelaPlex IPO refund dates are 31st January 2024.

When is DelaPlex IPO listing date?

DelaPlex IPO is expected to be listed on 2nd February 2024.

What is the price band for DelaPlex Limited IPO?

The upper price band for the DelaPlex IPO is set at ₹ 192.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is DelaPlex IPO Review?

For IPO analysis on DelaPlex 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.

How to Apply for DelaPlex IPO?

To apply for the DelaPlex 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 30th January 2024. After submission, funds are blocked until the basis of allotment of DelaPlex IPO is finalised.

Who is the merchant banker of DelaPlex Limited IPO?

The merchant banker for DelaPlex IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the DelaPlex IPO RHP for further details.

Who is the Registrar of DelaPlex IPO?

The registrar for DelaPlex 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 DelaPlex IPO through their official website or helpline.

What is the DelaPlex IPO subscription?

DelaPlex IPO was subscribed 177.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 46.08 Cr. Avg IPO Size (Sector Based) : ₹ 23.76 Cr.
  • Sector: Information Technology - Data Solutions SME IPO so far: 48
  • Merchant Banker: Shreni Shares SME IPO by BRLM so far: 47
  • City: Nagpur SME IPO so far: 17
  • Revenue (annualised): ₹ 55.72 cr.
            PAT: (annualised): ₹ 8.52 cr.
  • PE Ratio: 20.55x Average Sector PE Ratio: 18.61x
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FAQs

DelaPlex IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on DelaPlex Financial Review Page

DelaPlex IPO subscription was 177.80 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.

DelaPlex IPO listed at a listing price of 324.45 against the offer price of 192.00.

The current market price of DelaPlex is 181.00.

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