IPO IPO-Synopsis
Deem Roll-Tech Ltd

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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 Rs10/- each ("Equity Shares") of Deem Roll-Tech Limited ("The Company" or the "Issuer") for cash at a price of Rs129 per equity share (including a securities premium of Rs119 per equity share) ("Issue Price"), aggregating up to Rs29.26 crores (the "Issue"). 1,14,000 equity shares aggregating to Rs1.47 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 Rs10/- each at an issue price of Rs129 per equity share aggregating to Rs27.79 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 Rs129/- per equity (including a premium of Rs119 per equity share) aggregating to Rs2.99 crores (pre-ipo placement). The size of the fresh issue is up to Rs32.25 crores was reduced by Rs2.99 crores pursuant to the pre-ipo placement and the revised size of the fresh issue is Rs29.26 crores. *Subject to finalisation of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
20-Feb-24 22-Feb-24 Rs129.00-0.00 Rs0.00-0.00
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 8.34  
Issue Price Rs129.00  
Projects
Funding capital expenditure towards expansion of its existing mfg facility at plot # 110/1 110/2 New Survey # 202 Village GaneshpuraGeneral corporate purposes
Funding its working capital requirements
Promoted By
Jyoti Prasad Bhattacharya
Dev Jyotiprasad Bhattacharya
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd