Issue Price
₹129
Per Share
GMP
NIL
Grey Market
Est. Listing
₹129
Expected Price
Min. Application
₹258,000
2 lots × 1000 shares
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.
Deem Roll Tech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 114,000 | — | ₹1.47 Cr | — |
| TOTAL | 2,268,000 | 100.00% | ₹29.26 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹129,000 |
| Retail (Max) | 13 | 13,000 | ₹1,677,000 |
| sNII (Min) | 14 | 14,000 | ₹1,806,000 |
| bNII (Min) | 68 | 68,000 | ₹8,772,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 5027.55 | 10448.57 | 9212.12 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 371.83 | 692.05 | 409.78 |
| Net Worth | 3780.02 | 3408.19 | 2716.16 |
| Total Assets | 9825.85 | 9251.44 | 8263.02 |
| Reserves & Surplus | 4245.86 | 4319.43 | 3627.38 |
| Total Borrowings | 2062.47 | 2080.88 | 1636.65 |