De Neers Tools Limited
ListedSMEManufacturing · NSE
Incorporated in 1952, De Neers Tools Limited is a supplier of industrial and safety tools under the brand name "De Neers." The company offers a wide range of products, including spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, and trolleys, as well as specialized tools like non-sparking, insulated, stainless steel, magnetic, and titanium tools. With approximately 250 dealers across India, De Neers serves clients such as Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Polycab Cables, and Indian Railways, leveraging its experienced management team, strong distribution system, product quality, and reliable supply chain.
Price Band
₹95 – ₹101
Issue Size
₹23.00 Cr
Lot Size
1200 shares
GMP
₹43
+42.6%
Est. Listing
₹144
at current GMP
Subscribed
15.04x
overall
Open
28 Apr 2023
Close
3 May 2023
Allotment
8 May 2023
Refund
9 May 2023
Demat Credit
10 May 2023
Listing
11 May 2023
Last updated 12 days ago
Live Grey Market Premium
De Neers Tools Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹43+42.6%
Issue Price (Upper)
₹101
Band: ₹95 – ₹101
Estimated Listing Price
₹144
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,21,200
Estimated Profit / Lot
₹51,600
1200 × ₹43
De Neers Tools Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹43
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹43 | 42.6% | ₹144 |
| 30 Oct 2026 | +₹43 | 42.6% | ₹144 |
| 29 Oct 2026 | +₹39 | 38.3% | ₹140 |
GMP is unofficial market data. Not a guarantee of listing performance.
About De Neers Tools Limited Public Issue & Market Profile
De Neers Tools Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹23 Crores. The shares are offered at a price band of ₹95 to ₹101 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-05-03, the basis of allotment is scheduled to be finalized on 2023-05-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is De Neers Tools Limited IPO GMP today?
The latest grey market premium for De Neers Tools Limited IPO is ₹43, which indicates an expected listing price of ₹144.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.