Deem Roll Tech IPO Date, Review, Price, Allotment Details

Deem Roll Tech provides their Rolls without delay to rolling mill producers (“OEMs”) and within the substitute marketplace to the iron and metal rolling turbines thru a community of sellers/vendors and brokers. They export their Rolls to over 10 international locations, corresponding to the US, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal and Bangladesh. As of September 30, 2023, they have got total catered to over 340 home consumers and 30 export consumers. Their income from export gross sales amounted to 17.19%, 20.00%, 16.91%, and 16.56% in their income from operations for the six months ended September 30, 2023, and for Fiscal 2023, Fiscal 2022 and Fiscal 2021, respectively.

They manufacture their merchandise from metal scrap, roll scrap, pig iron, nickel, ferro molybdenum, different ferroalloys, resin-coated sand, and so on conforming to global requirements As of the date of this Prospectus, they have got a extremely refined and technically competent production unit situated at Plot No. 1006/1007, Chhatral GIDC, Chhatral, Tal. Kalol, Gandhinagar, Gujarat (“Manufacturing Unit 1”), at Plot No. 110/1,110/2, New Survey No. 202, Village Ganeshpura, Mehsana, Gujarat, India (“Manufacturing Unit 2”) and Chinsurah Dhaniyakali Road, Betamore, PS Dadpur, Hoogly, west Bengal (“Manufacturing Unit 3”), with an combination put in capability of 8500 MTPA. Their company administrative center is situated at C-3/301, Anushruti Apartment, Opp New York Totheyr, S.G. Highway, Ahmedabad, Gujarat 380 054. Their Manufacturing Unit 2 is ISO 9001:2015 qualified through ISOQAR, Alcumus. Their Manufacturing Units encompass engineering & design, mould making, melting, casting, machining, and dispatch sections subsidized through similar high quality checking out and assurance apparatus. Presently, they use static solid and centrifugally solid era for the producing of Rolls. They are in a position to casting a unmarried Roll of as much as 15 MT. The key issue of their production trade is the consumer acceptance in their production job and production amenities, given the important finish use of the product. They have, in the previous couple of years, been a hit in acquiring quite a lot of such acceptance. They proportion a just right consumer courting with their buyer and so they obtain the vast majority of their trade from repeat purchasers. Their Manufacturing Unit 2 has been inspected and authorised through third-party inspection companies. Further, the standard in their merchandise has been authorised to be enough in third-party inspections.

They are supplied with in-house checking out laboratories for checking their uncooked fabrics, work-in-process fabrics, and completed merchandise. They adopt bodily checking out, chemical research, and sand checking out. The product requirements are made up our minds through their DSIR-approved R&D laboratory. The completed merchandise are checked of their QC laboratories to be sure that they identical is of related requirements and design as laid out in the client; the goods are packed and dispatched.

Objects of the Issue:

• Funding capital expenditure in opposition to the growth of its present production facility at Mehsana, Gujarat, India
• Funding its Working Capital Requirements
• General Corporate Purpose

Deem Roll Tech IPO Review

Deem Roll Tech IPO Date & Price Band Details

Deem Roll Tech IPO Market Lot

The Deem Roll Tech IPO minimal marketplace lot is 1000 stocks with a ₹129,000 utility quantity.

Deem Roll Tech IPO Dates

The Deem Roll Tech IPO date is February 20 and the IPO shut date is February 22. The IPO allotment date is February 23 and the IPO may listing on February 27.

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Deem Roll Tech IPO Form

How to use Deem Roll Tech IPO? You can practice Deem Roll Tech IPO by means of ASBA to be had for your checking account. Just move to the web financial institution login and practice by means of your checking account through settling on the Deem Roll Tech IPO within the Invest phase. The different choice you’ll be able to practice Deem Roll Tech IPO by means of IPO bureaucracy obtain by means of the NSE web site. Check out the Deem Roll Tech bureaucracy – click on NSE IPO Forms obtain, fill and put up for your financial institution or together with your dealer.

Deem Roll Tech Company Financial Report

Deem Roll Tech IPO Valuation – FY2023

Check Deem Roll Tech IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Peer Group

• Jyoti Prasad Bhattacharya
• Dev Jyotiprasad Bhattacharya

Deem Roll Tech IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Deem Roll Tech IPO Allotment Status

Check Deem Roll Tech IPO allotment standing on Bigshare web site URL. Click Here

Deem Roll Tech IPO Lead Managers aka Merchant Bankers

• Fedex Securities Pvt Ltd

Company Address

Deem Roll Tech Limited
Survey No.110/1, P-1,110/2
Ganeshpura
Ta: Kadi Mahesana-382729
Phone: +91 9925196196
Email: [email protected]
Website: http://www.deemrolls.com/

Deem Roll Tech IPO FAQs

Note: The Deem Roll Tech IPO main points are introduced formally. The IPO gray marketplace top rate (Deem Roll Tech IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.