Deem Roll Tech Limited
listed
₹1.29LMin. investment
Deem Roll Tech Limited IPO Details
Issue size
₹29.26Cr
IPO type
SME
Price range
₹129 – ₹129
Lot size
1000 shares
Price range₹129 – ₹129
IPO type
SME
Lot size1000 shares
Issue size₹29.26Cr
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About Deem Roll Tech Limited
Incorporated in 2003, Deem Roll Tech Limited, a prominent player in the steel and alloy Rolls manufacturing sector. With the global economy heavily reliant on metals, particularly steel, for industrialization, Deem Roll Tech Limited has positioned itself as a key contributor to this essential industry.
The company prides itself on its commitment to producing high-quality steel and alloy Rolls, which serve as the fundamental components in the iron and steel rolling mill industry. Leveraging their extensive experience spanning two decades, Deem Roll Tech Limited has established a reputation for excellence, synonymous with quality and reliability in Roll manufacturing.
Their diverse range of Rolls caters to both domestic and international markets, finding application in iron and steel rolling mill industries worldwide. Whether it's standard specification Rolls or customized solutions tailored to meet specific customer requirements, Deem Roll Tech Limited delivers with precision and efficiency.
Operating through a well-established network of dealers, distributors, and agents, Deem Roll Tech Limited supplies Rolls directly to rolling mill manufacturers ("OEMs") and serves the replacement market for iron and steel rolling mills. Their global footprint extends to over 10 countries, including the USA, Germany, Europe, Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh, with a substantial customer base both domestically and internationally.
As Deem Roll Tech Limited prepares for its highly anticipated Initial Public Offering (IPO), the company has outlined a strategic plan for the optimal allocation of proceeds from the Fresh Issue. This commitment to prudent financial management reflects their dedication to sustainable growth and continued success in the dynamic steel industry landscape.
- Funding capital expenditure towards the expansion of its existing manufacturing facility at Mehsana, Gujarat, India;
- Funding its Working Capital Requirements; and
- General Corporate Purpose
Here are key details about the Deem Roll Tech Limited IPO:
| Company Name | Deem Roll Tech imited | Deem Roll Tech Limited IPO Opening Date | February 20, 2024 | |
|---|---|---|---|---|
| Company Established On | 2003Deem Roll Tech Limited IPO Price band | ₹129 per share |
Frequently asked questions
How to invest in the Deem Roll Tech Limited ?
Investors can apply for the Deem Roll Tech Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Deem Roll Tech Limited ?
The issue size of the Deem Roll Tech Limited is 29.26 Cr.
What is 'pre-apply' for Deem Roll Tech Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Deem Roll Tech Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.