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Open
20 Feb 2024
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Close
22 Feb 2024
3
Allotment
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Listing
Tue, Feb 27, 2024
Price Band
₹129 per share
Issue Size
22,68,000 shares (agg. up to ₹29 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Feb 27, 2024
Latest GMP
₹78
Est. Gain
60.47%
✦ AI Insight
GMP Trend
27-02-2024₹78Est. ₹207+60.47%
26-02-2024₹82Est. ₹211+63.57%
25-02-2024₹88Est. ₹217+68.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 244.43x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shree Marutinandan Tubes Ltd. | SME | ₹14.30 Cr | ₹143 | 17.44 | ₹210.00 | +46.85% | ₹52.10 |
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹44.20 |
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,270.90 |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹157.45 |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹169.85 |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.35 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Vibhor Steel Tubes Ltd. | Mainboard | ₹72.17 Cr | ₹151 | 10.17 | ₹446.25 | +195.53% | ₹123.41 |
| Ratnaveer Precision Engineering Ltd. | Mainboard | ₹165.03 Cr | ₹98 | null | ₹129.35 | +31.99% | ₹299.90 |
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹561.15 |
Objects of the Issue
| # | 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 |
About Deem Roll Tech IPO
Updated on Aug 5, 2026
Contact Details
Deem Roll Tech Ltd. AddressSurvey No.110/1, P-1, 110/2GaneshpuraTa: KadiMehsana, Gujarat, 382729+91 9925196196accounts@deemrolls.comVisit Website