De Neers Tools IPO

De Neers Tools IPO Review, Date, Price, GMP, Allotment

Established in 1952, De Neers Tools Limited is a renowned provider of industrial tools. The company offers a wide variety of goods, such as trolleys, tool kits, tool cabinets, spanners, wrenches, pliers, cutters, Allen keys, hammers, socketry, and screwdrivers. In the Indian market, the company’s brand name, “De Neers,” is well-known, and it has about 250 dealers there.Let’s Check All Details Of De Neers Tools IPO.

Specialization in Safety Tools

In addition to offering typical industrial tools, De Neers Tools Limited focuses on offering safety tools such as non-sparking, insulated steel, non-sparking insulated, stainless steel & magnetic, titanium, and numerous other hand tools. The company offers excellent quality and compliant safety equipment.


De Neers Tools Limited has a prestigious clientele, including some of India’s most prominent names like Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and so on. The company’s reputation speaks for itself, with many of its clients being repeat customers.

Competitive Strengths

De Neers Tools Limited has a strong team of experienced directors and management who lead the company to success. The company’s distribution system is another significant strength that ensures its products reach every corner of India. The quality and safety of De Neers’ products are unmatched in the industry, which further strengthens the company’s position in the market. Repeat orders are another testimony to customers’ trust in the company’s products. Finally, the strong supply chain of the company is another significant advantage that keeps the company ahead of its competitors.

De Neers Tools IPO Complete Details:

IPO Date28 April 2023 to 03 May2023
Issue TypeBook Built Issue
Listing At NSE SME
Face Value10 Rs. Per Share
PriceRs. 95 to 101
Lot Size1200
 Issue Size2,276,800 shares (Rs.23 Cr)
Fresh Issue2,276,800 shares (Rs.23 Cr)
Listing Date11 May 2023

De Neers Tools IPO Timetable:

Opening Date28 April 2023
Closing Date03 May 2023
Allotment08 May 2023
Initiation of Refunds09 May 2023
Credit of Shares to Demat Account10 May 2023
Listing Date11 May 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxBorrowingsReserves and Surplus
31 March 20205,570.447,349.6243.94484.58712.87
31 March 20216,111.286,211.7765.771,147.84317.42
25 July 20216,664.501,879.685.22426.061,396.87
31 March 20229,933.528,008.68504.422,435.85654.27
31 October 202212,558.145,602.65386.982,406.42411.13
Amount In Lakhs


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