DelaPlex Limited

About DelaPlex Limited  Established in 2004, DelaPlex Limited has evolved into a leading technology and software development solution provider, offering consulting services to client companies with a focus on achieving growth, revenue, and marketplace value. The company has positioned itself as a global technology partner, specializing in Supply Chain Consulting, Custom Software Development, Cloud Services, and Data Science.  DelaPlex Limited has cultivated expertise and formed strategic partnerships with various industry players to leverage the latest technology, tools, and software development solutions. The company's diverse tech solutions span software-defined data centers, integrated infrastructure, cloud technologies, DevOps, security solutions, data analytics, and artificial intelligence. With a commitment to addressing IT problems for both channel partners and end users, the company consistently innovates to deliver next-gen solutions.  A distinctive aspect of DelaPlex Limited's business model is its proactive investment in future technologies. The company engages in business partnership agreements and strategic investments in firms developing deep tech solutions. This approach allows DelaPlex Limited to access cutting-edge technologies and solutions globally, reinforcing its position as a technology leader.  The company boasts an experienced management team and a qualified pool of employees. The senior management team, with substantial industry experience, is dedicated to leveraging their market position and collective knowledge in the compliance space to execute effective business strategies and drive future growth.  As DelaPlex Limited prepares for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to address key objectives:   APAC – Advertisement, Sales, and Marketing Expenses: The company aims to enhance awareness in the Asia-Pacific (APAC) region by investing in advertising, sales, and marketing expenses.    Working Capital Requirements: Funds will be allocated to support the working capital requirements of the company, ensuring smooth day-to-day operations.    Capital Expenditure for Office Laptops: DelaPlex Limited plans to invest in office laptops as part of its capital expenditure requirements, enhancing the technological infrastructure within the organization.    General Corporate Purposes and Unidentified Inorganic Acquisition: The remaining funds will be used for general corporate purposes and potentially for unidentified inorganic acquisitions, aligning with the company's strategic growth initiatives.   As DelaPlex Limited prepares to go public, these strategic allocations reflect the company's commitment to furthering its market presence, technological capabilities, and overall business growth.  Here are key details about the DelaPlex Limited IPO:     Company Name  DelaPlex Limited   DelaPlex Limited IPO Opening Date  January 25, 2024    Company Established On  2004   DelaPlex Limited IPO Allotment Status  January 31, 2024    DelaPlex Limited IPO Closing Date  January 30, 2024   DelaPlex Limited IPO Listing Date  February 2, 2024    Credit of Shares to the Demat Account  February 1, 2024   DelaPlex Limited IPO Lot Size  600 Shares    DelaPlex Limited IPO Face Value  ₹1 per share   DelaPlex Limited IPO to be Listed on  NSE    DelaPlex Limited IPO Issue Size  ₹46.08 Cr   DelaPlex Limited IPO Price band  ₹186 to ₹192 per share