Deem Roll-Tech Ltd IPO |
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 |
| 20-Feb-24 |
22-Feb-24 |
(Rs)129.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
24.28 |
|
| Project Financed through Current Offer |
29.26 |
|
| Post Issue Equity Share Capital |
8.34 |
|
| Issue Price |
(Rs)129.00 |
|
|