
Emerging SME Services · NSE
DelaPlex Limited, incorporated on February 12, 2004, is a subsidiary of U.S.-based delaPlex INC., which holds a 51% stake in the company. Specializing in technology and software development solutions, DelaPlex offers consulting services to drive client growth, revenue, and market value. The company provides a broad range of tech solutions, including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence. Its test engineers hold ISTQB Gold certification, and the company's information security management system is ISO/IEC 27001:2022 certified, with compliance to ISO 9001:2015 for quality management. Headquartered in Nagpur, with additional offices in Pune, Hyderabad, and Bengaluru, DelaPlex operates in India, the USA, and Dubai (UAE). For the financial years 2023, 2022, and 2021, the company's revenue from operations was ₹2,337.75 Lakhs, ₹4,283.60 Lakhs, ₹4,014.73 Lakhs, and ₹3,214.45 Lakhs, respectively, with a significant portion derived from international sales. As of September 30, 2023, DelaPlex had 300 personnel, including 286 employees and 14 contractors managing business operations, administration, secretarial, legal, and accounting functions.
Price Band
₹186 – ₹192
Issue Size
₹46.08 Cr
Lot Size
600 shares
GMP
+75.5%
Est. Listing
₹337
at current GMP
Subscribed
177.86x
overall
Open
25 Jan 2024
Close
30 Jan 2024
Allotment
31 Jan 2024
Refund
1 Feb 2024
Demat Credit
2 Feb 2024
Listing
2 Feb 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹192
Band: ₹186 – ₹192
Estimated Listing Price
₹337
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,15,200
Estimated Profit / Lot
₹87,000
600 × ₹145
Grey Market Premium trend
+₹145
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹145 | 75.5% | ₹337 |
| 30 Oct 2026 | +₹145 | 75.5% | ₹337 |
| 29 Oct 2026 | +₹131 | 68.0% | ₹323 |
GMP is unofficial market data. Not a guarantee of listing performance.
DelaPlex Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹46.08 Crores. The shares are offered at a price band of ₹186 to ₹192 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.
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.
Following the close of bidding on 2024-01-30, the basis of allotment is scheduled to be finalized on 2024-01-31. 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.
The latest grey market premium for DelaPlex Limited IPO is ₹145, which indicates an expected listing price of ₹337.
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.