Deem Roll Tech Limited
ListedSMEEmerging 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
₹78
+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 12 days ago
Overall Subscription
245.70x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
311.94x
High Net-Worth
Retail (RII)
179.46x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,077,000 | 335,960,000 | 311.94x |
| RETAIL | 1,077,000 | 193,282,000 | 179.46x |
| Total | 2,154,000 | 529,242,000 | 245.70x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 794 | 142,491 | 179.46x |
| HNIs (10L +) | 5 | 1,560 | 311.94x |
| HNIs (2-10L) | 24 | 7,487 | 311.94x |
| Total Applications | 823 | 151,538 | 184.13x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Deem Roll Tech Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Deem Roll Tech Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Deem Roll Tech Limited IPO is ₹78 per equity share. Based on the upper price band of ₹129 to ₹129 per equity share, the estimated listing price is ₹207 (+60.5% expected listing gain).
What is the expected profit per lot for Deem Roll Tech Limited IPO?
With a lot size of 1000 shares and current GMP of ₹78, the expected profit per application lot is approx ₹78,000 (+60.5% gain). Minimum application cost is approx ₹1,29,000.
What is the issue size and price band for Deem Roll Tech Limited IPO?
The Deem Roll Tech Limited IPO aggregate issue size is ₹29.26 Crores with an equity price band set at ₹129 to ₹129 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,29,000.
How can I check Deem Roll Tech Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 245.70x (Retail: 179.46x, QIB: 0.00x, NII: 311.94x). You can track live multiples directly on our dedicated subscription page.
Where and when will Deem Roll Tech Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-02-23. Investors can verify status using PAN card or application number.
When is the listing date for Deem Roll Tech Limited IPO?
Deem Roll Tech Limited shares are scheduled to list on NSE on 2024-02-27.