
Emerging SME Services · BSE
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited (RTL), was founded in 2021 to provide digitally-enabled services and distribution channels for automotive components and accessories. Initially focused on vehicle registration services for OEMs, the company has expanded into garage services, last-mile delivery, and automotive component sales. Through its URJA platform, Rosmerta streamlines vehicle registrations, title transfers, regulatory approvals, and last-mile High Security Registration Plate (HSRP) deliveries for clients like Cars24. In 2023, the company expanded into automotive component distribution, partnering with 150+ distributors and leading the electric two-wheeler registration market, working with OLA Electric and Royal Enfield. Additionally, its MyRaasta app supports garage partners, reinforcing Rosmerta’s reputation for efficiency, innovation, and customer satisfaction in the automotive sector.
Price Band
₹140 – ₹147
Issue Size
₹206 Cr
Lot Size
1000 shares
GMP
+15.0%
Est. Listing
₹169
at current GMP
Subscribed
—
Open
18 Nov 2023
Close
21 Nov 2023
Allotment
22 Nov 2023
Refund
23 Nov 2023
Demat Credit
24 Nov 2023
Listing
26 Nov 2023
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 7,018,027 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,105,408 | — | 0.00x |
| Retail Individual (RII) | 4,912,619 | — | 0.00x |
| Total | 14,036,054 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 4,913 | 4,913 | 1.00x |
| HNIs (10L +) | 31 | 31 | 1.00x |
| HNIs (2-10L) | 150 | 150 | 1.00x |
| Total Applications | 5,094 | 5,094 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Rosmerta Digital Services Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹206.33 Crores. The shares are offered at a price band of ₹140 to ₹147 per equity share on BSE. 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 2023-11-21, the basis of allotment is scheduled to be finalized on 2023-11-22. 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 (Narnolia Financial Services Ltd) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Rosmerta Digital Services Limited IPO is ₹22 per equity share. Based on the upper price band of ₹140 to ₹147 per equity share, the estimated listing price is ₹169 (+15.0% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹22, the expected profit per application lot is approx ₹22,000 (+15.0% gain). Minimum application cost is approx ₹1,47,000.
The Rosmerta Digital Services Limited IPO aggregate issue size is ₹206.33 Crores with an equity price band set at ₹140 to ₹147 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,47,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Narnolia Financial Services Ltd) and the BSE status verification website on or around 2023-11-22. Investors can verify status using PAN card or application number.
Rosmerta Digital Services Limited shares are scheduled to list on BSE on 2023-11-26.