Deem Roll-Tech Ltd
Registered Office : Survey # 110/1 P-1 110/2 , Ganushpura Ta. Kadi , Mahesana - 382729 , Gujarat , India.
Phone : +91 99251 96196 Fax :
Email :accounts@deemrolls.com Website : www.deemrolls.com
Initial public issue* of 22,68,000 equity shares of face value Rs. 10/- each (Equity Shares) of Deem Roll-Tech Limited (The Company or the Issuer) for cash at a price of Rs. 129 per equity share (including a securities premium of Rs. 119 per equity share) (Issue Price), aggregating up to Rs. 29.26 crores (the Issue). 1,14,000 equity shares aggregating to Rs. 1.47 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 21,54,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 129 per equity share aggregating to Rs. 27.79 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.20 % and 25.84% respectively of the post-issue paid-up equity share capital of the company. The company has, in consultation with the lead manager, has undertaken a pre-ipo placement of 2,32,000 equity shares at an issue price of Rs. 129/- per equity (including a premium of Rs. 119 per equity share) aggregating to Rs. 2.99 crores (pre-ipo placement). The size of the fresh issue is up to Rs. 32.25 crores was reduced by Rs. 2.99 crores pursuant to the pre-ipo placement and the revised size of the fresh issue is Rs. 29.26 crores. *Subject to finalisation of basis of allotment
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
2/20/2024 12:00:00 AM | 2/22/2024 12:00:00 AM | Rs 129 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 24.28 | Fedex Securities Pvt Ltd |
Project Financed through Current Offer | 29.26 | |
Post Issue Equity Share Capital | 24.28 | |
Issue Price | Rs. 129 |
Projects |
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Funding capital expenditure towards expansion of its existing mfg facility at plot # 110/1 110/2 New Survey # 202 Village Ganeshpura |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | Bigshare Services Pvt Ltd |
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Risk Disclosure on Derivatives
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Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
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ATTENTION INVESTORS
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.