Deem Roll Tech (NSE SME)
Feb 20, 2024 - Feb 22, 2024
| Price | ₹129 - ₹129 |
| Premium | ₹78 |
|---|---|
| Lot size | 1000 |
| Allotment | Feb 23, 2024 |
| Listing | Feb 27, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 129000 | 1077 |
| HNI | 2 | 2000 | 258000 | 1077 |
Last updated on 22-Feb-2024 17:00:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1077000 | 335960000 | 311.94 |
| RETAIL | 1077000 | 193282000 | 179.46 |
| Total | 2154000 | 529242000 | 245.7 |
| Retail Apps | 193282 | © IPO Premium | |
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹54.02 | @8% ₹61.74 | @9% ₹69.46 | @10% ₹77.17 | @11% ₹84.89 | @12% ₹92.61 |
Incorporated in May 2003, Deem Roll Tech Limited specializes in manufacturing steel and alloy rolls, catering to both domestic and international markets. With manufacturing units strategically located in Mehsana (Gujarat), Dadpur (West Bengal), and Ahmedabad (Gujarat), the company boasts a comprehensive production process encompassing engineering, design, casting, machining, and dispatch, all supported by stringent quality testing measures.
Having served over 340 domestic customers and 30 export clients across more than 10 countries, including the USA, Germany, and Saudi Arabia, Deem Roll Tech has established itself as a trusted player in the industry. As of March 31, 2023, the company produces over 7 varieties of rolls, ensuring versatility and adaptability to market demands.
Despite fluctuations, the company has showcased a steady growth trajectory, with revenue from operations witnessing a compound annual growth rate (CAGR) of 27.30% over the fiscal years 2021 to 2023. As of December 31, 2023, Deem Roll Tech Limited employs 275 dedicated professionals, underscoring its commitment to operational excellence and customer satisfaction.
Deem Roll Tech IPO Details
| Issue Size | 2,268,000 shares (aggregating up to ₹29.26 Cr) |
| Fresh Issue | 2,268,000 shares (aggregating up to ₹29.26 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,069,272 |
| Share holding post issue | 8,337,272 |
| Market Maker portion | 114,000 shares Ss Corporate Securities |
Deem Roll Tech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net issue |
Deem Roll Tech IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
Key Performance Indicator
| KPI | 2023 | 2022 | 2021 |
| ROE | 16.83% | 11.51% | 14.20% |
| ROCE | 20.26% | 18.27% | 21.68% |
| D/E | 0.47 | 0.43 | 0.54 |
| RONW | 20.31% | 15.09% | 12.93% |
| EPS | 11.86 | 7.02 | 5.11 |
| P/E | 11.31 | - | - |
| P/BV | 0.4 | - | - |
Company Financials
Deem Roll Tech Limited Financial Information (Restated)
Deem Roll Tech Limited's revenue increased by 13.42% and profit after tax (PAT) rose by 68.88% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 9,825.85 | 9,251.44 | 8,263.02 | 7,898.93 |
| Revenue | 5,027.55 | 10,448.57 | 9,212.12 | 6,461.96 |
| Profit | 371.83 | 692.05 | 409.78 | 298.24 |
| Net Worth | 3,780.02 | 3,408.19 | 2,716.16 | 2,306.35 |
| Reserves | 4,245.86 | 4,319.43 | 3,627.38 | 3,217.60 |
| Borrowing | 2,062.47 | 2,080.88 | 1,636.65 | 1,802.25 |
| Amount in ₹ Lakhs | ||||
Strength Factors
Customer Base & Relationships: Diverse clientele and lasting partnerships ensure stable revenue streams and bolster company reputation.
Product Portfolio: Proven products meet market needs effectively, enhancing competitiveness.
Experienced Leadership: Seasoned directors provide strategic vision and industry expertise, driving growth.
Financial Stability: Strong profitability and prudent management ensure financial health and support growth initiatives.
Innovation Focus: Emphasis on technological advancement fosters competitiveness and sustains market relevance.
Risk Factors
Manufacturing Disruptions: Operational interruptions at manufacturing units could significantly harm business operations and financial health, especially if optimal capacity levels aren't achieved.
Raw Material Dependency: Reliance on external sources for raw materials poses a risk, as disruptions or price increases may negatively impact business continuity and profitability.
Customer Concentration: Heavy reliance on a few customers for a significant portion of revenue exposes the company to considerable risk. The loss of a major customer could have detrimental effects on financial performance.
Leased Corporate Office: Operating from leased premises introduces uncertainty regarding lease renewals or potential increases in rental fees, potentially disrupting business operations.
Deem Roll Tech IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html