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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹29.26 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹29.26 Cr |
| Fresh Issue | ₹27.79 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹129.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | DEEM |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Fedex Securities Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards expansion of the existing manufacturing facility at Plot No. 110/1,110/2, New Survey No. 202, Village Ganeshpura, Mehsana, Gujarat, India (“Manufacturing Unit 2”) | 20.00 |
| 2 | Funding the Working Capital Requirements | 3.50 |
| 3 | General corporate purposes | 0.78 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 98.26 | 92.51 | 82.63 | 78.99 |
| Total Income | 50.28 | 104.49 | 92.12 | 64.62 |
| Profit After Tax | 3.72 | 6.92 | 4.10 | 2.98 |
| NET Worth | 37.80 | 34.08 | 27.16 | 23.06 |
| Reserves and Surplus | 42.46 | 43.19 | 36.27 | 32.18 |
| Total Borrowing | 20.62 | 20.81 | 16.37 | 18.02 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 16.83% |
| ROCE | 20.26% |
| Debt / Equity | 0.47% |
| RoNW | 20.31% |
| PAT Margin | 6.69% |
| Price to Book Value | 2.21 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.40 | 8.92 |
| P/E (x) | 11.31 | 14.46 |
| Promoter Holding | 92.18% | 67.12% |
| Market Cap | ₹107.55 Cr. | |
