DelaPlex Limited
ListedSMEEmerging 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
₹145
+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 12 days ago
Overall Subscription
177.86x
Total Demand
QIB Multiplier
90.91x
Institutions & Funds
NII / HNI
335.56x
High Net-Worth
Retail (RII)
159.89x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 455,400 | 41,401,800 | 90.91x |
| NIB | 342,000 | 114,762,000 | 335.56x |
| RETAIL | 797,400 | 127,493,400 | 159.89x |
| Total | 1,594,800 | 283,657,200 | 177.86x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,400 | 223,846 | 159.89x |
| HNIs (10L +) | 9 | 3,020 | 335.56x |
| HNIs (2-10L) | 43 | 14,429 | 335.56x |
| Total Applications | 1,452 | 241,295 | 166.18x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About DelaPlex Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is DelaPlex Limited IPO GMP today?
The latest Grey Market Premium (GMP) for DelaPlex Limited IPO is ₹145 per equity share. Based on the upper price band of ₹186 to ₹192 per equity share, the estimated listing price is ₹337 (+75.5% expected listing gain).
What is the expected profit per lot for DelaPlex Limited IPO?
With a lot size of 600 shares and current GMP of ₹145, the expected profit per application lot is approx ₹87,000 (+75.5% gain). Minimum application cost is approx ₹1,15,200.
What is the issue size and price band for DelaPlex Limited IPO?
The DelaPlex Limited IPO aggregate issue size is ₹46.08 Crores with an equity price band set at ₹186 to ₹192 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,15,200.
How can I check DelaPlex Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 177.86x (Retail: 159.89x, QIB: 90.91x, NII: 335.56x). You can track live multiples directly on our dedicated subscription page.
Where and when will DelaPlex 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 2024-01-31. Investors can verify status using PAN card or application number.
When is the listing date for DelaPlex Limited IPO?
DelaPlex Limited shares are scheduled to list on NSE on 2024-02-02.