The De Neers Tools IPO has begun on 28 Apr 2023. It will close on 03 May 2023. The Total IPO Size is 22.99 Crore. The company set its IPO price is 101 Rs Per Share. Basically, There are two basic categories in De Neers Tools IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs)
De Neers Tools is established in 1952.
De Neers Tools is engaged into manufacturing best quality of hand tool under the “De Neers Tools” Brands.
The company has approximately 250 dealers throughout India and also looking for export possibilities. De Neers Tools Ltd is an ISO 9001:2015, ISO 14001:2015 and 45001:2018 accredited company.
They provide a very broad range of hand tools in India with approximately two-third of our revenue geographically concentrated in the states of Delhi NCR, Gujarat, Telangana, Bihar & Uttar Pradesh (UP). Their extensive range of products includes spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screw drivers, tool kits, tool cabinets, trolleys, etc.
Check :- Upcoming SME IPO 2023
Peers
1) Taparia Tools Limited
De Neers Tools IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Mr. Neeraj Kumar Aggarwal | 18,99,000 | 0.05 |
| Ms. Shilpy Aggarwal | 18,99,000 | 0.05 |
| Mr. Kanav Gupta | 16,88,000 | 0.05 |
| Total | 5,486,000 (86.67%%) | |
* The company gives a bonus in the year of October 27, 2022 ( Ratio: 210:1 means 210 Bonus Equity Shares for 1 (One) equity share).
De Neers Tools IPO Date, Details & Price Band
| IPO Opening Dates | 28 Apr 2023 |
| IPO Closing Dates | 03 May 2023 |
| Price Band | 95-101 Rs Per Share |
| Fresh issue | 22.99 Crore |
| Offer for Sale | NIL |
| Total IPO size | 22.99 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| Non-Institutional | 50% |
| Retail Allocation | 50% |
| Listing On | NSE SME |
De Neers Tools IPO Market Lot
The De Neers Tools IPO minimum market lot is 1200 shares With 1,21,200 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 1,21,200 Rs |
| Maximum | 1 | 1200 | 1,21,200 Rs |
| S-HNI (Min) | 2 | 3600 | 2,42,400 Rs |
Restated Financial Record of the two year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 5,570.44 | 7,349.62 | 43.94 |
| 31-Mar-21 | 6,111.28 | 6,211.77 | 65.77 |
| 31-Mar-22 | 9,933.52 | 8,008.68 | 504.42 |
| EPS (₹) | NAV (₹) | RoNW (%) | borrowings (Lakhs) | |
| 31-Mar-20 | 0.69 | 11.31 | 7.76 | 484.58 |
| 31-Mar-21 | 1.04 | 5.06 | 16.90 | 1147.84 |
| 31-Mar-22 | 7.97 | 37.63 | 21.17 | 2435.85 |
De Neers Tools IPO GMP Grey Market Premium
De Neers Tools IPO GMP Grey market premium has been started today. Check Latest De Neers Tools IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
De Neers Tools IPO Prospectus
| DRHP | Download |
| RHP | Download |
De Neers Tools IPO Reviews
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De Neers Tools IPO Form Download
De Neers Tools IPO is available on NSE Website as well as on our Portal. Please click here De Neers Tools IPO form Download.
De Neers Tools IPO Allotment Date & Details
| Allotment Date | 8 May 2023 |
| Initiation of refunds | 9 May 2023 |
| Transfer of shares to Demat accounts | 10 May 2023 |
| Listing Date | 11 May 2023 |
| Check Allotment Status | Click here |
Registrar of De Neers Tools IPO
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra, India
Contact No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Swapnil Kate
SEBI Registration No.: INR000001385
CIN: U99999MH1994PTC076534
De Neers Tools Contact Details
De Neers Tools Limited
P.No. 468, Ground Floor,
Industrial Area, Patparganj,
Delhi – 110 092
Phone: 011 47072555
Email: compliance@den eerstools.com
Website: https://deneerstools.com/
De Neers Tools IPO Lead Managers
KHAMBATTA SECURITIES LIMITED
1 Ground Floor, 7/10, Botawala Building, 9 Bank
Street, Horniman Circle, Fort, Mumbai, Maharashtra –
400 001, India
Tel: 011-41645051, 022-66413315
Email: [email protected]
Investor Grievance Email:
[email protected]
Website: www.khambattasecurities.com
Contact Person: Mr. Vipin Aggarwal;
Mr. Vinay Pareek
SEBI Registration No.: INM000011914
