
Emerging SME Services · NSE
Founded in May 2003, Deem Roll Tech Limited specializes in manufacturing steel and alloy rolls for both domestic and international markets. With production units in Mehsana, Dadpur, and Ahmedabad, the company manages the entire process from engineering and design to casting, machining, and dispatch, ensuring strict quality control. Serving over 340 domestic customers and 30 export clients across 10+ countries, including the USA, Germany, and Saudi Arabia, Deem Roll Tech offers over seven varieties of rolls to meet diverse industry needs. The company has demonstrated strong growth, with a revenue CAGR of 27.30% from FY 2021 to 2023, supported by a team of 275 skilled professionals as of December 31, 2023. Committed to quality, innovation, and customer satisfaction, Deem Roll Tech continues to strengthen its position in the global steel industry.
Price Band
₹129
Issue Size
₹29.26 Cr
Lot Size
1000 shares
GMP
+60.5%
Est. Listing
₹207
at current GMP
Subscribed
245.70x
overall
Open
20 Feb 2024
Close
22 Feb 2024
Allotment
23 Feb 2024
Refund
24 Feb 2024
Demat Credit
25 Feb 2024
Listing
27 Feb 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹129
Band: ₹129
Estimated Listing Price
₹207
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,29,000
Estimated Profit / Lot
₹78,000
1000 × ₹78
Grey Market Premium trend
+₹78
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹78 | 60.5% | ₹207 |
| 30 Oct 2026 | +₹78 | 60.5% | ₹207 |
| 29 Oct 2026 | +₹70 | 54.4% | ₹199 |
GMP is unofficial market data. Not a guarantee of listing performance.
Deem Roll Tech Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹29.26 Crores. The shares are offered at a price band of ₹129 to ₹129 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,29,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-25, while un-allotted funds or UPI block mandates will be released on 2024-02-24.
The latest grey market premium for Deem Roll Tech Limited IPO is ₹78, which indicates an expected listing price of ₹207.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
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.