Deem Roll Tech is widely known as one of the producers of premium steel and alloy Rolls, in India playing a role in the iron and steel rolling mill sector. With more than two decades of expertise in the field, Deem Roll Tech has built a reputation, for producing high-quality Rolls that meet both standard needs and personalized requests.
Deem Roll Tech uses their rolls in both global markets providing them to rolling mill makers (OEMs) directly and offering replacements to iron and steel rolling mills through a network of dealers, distributors, and agents. Their products are exported to, more than 10 countries, including the United States, Germany, Europe, the Middle East, and South Asia. The company’s international sales play a role, in driving their revenue growth.
Deem Roll Tech carefully manages the sourcing of materials, like steel scrap, pig iron, and ferroalloys from suppliers considering factors such, as market supply, prices, and quality. The expenses related to materials constitute a part of their income.
Deem Roll Tech manufactures a variety of Rolls for different mill applications:
1. S.G. Iron or Ductile Iron Rolls: Available, in levels of hardness and compositions these products are designed for use in roughing, intermediate, and finishing stands, at both light section mills.
2. Indefinite Chill Alloy Cast Iron Rolls: These rolls are made with a combination of Nickel, Chromium, and Molybdenum. They are mainly used for Section Rolling. They offer properties and a smooth surface finish.
3. Alloy Steel Base Rolls: Forged from steel blends containing Nickel, Chromium, and Molybdenum utilized in stages of the milling process to uphold a steady level of hardness.
4. Double-Poured Alloy Indefinite Chill Rolls: The shell of this product is made of an alloy iron with either a grey iron or ductile iron core inside. It is commonly utilized in the finishing stands of rod mills and flat rolling processes providing durability against wear and tear.
5. HSS Rolls: Crafted with a shell made of high-quality alloy and high carbon content encasing a core of nodular iron. This design enhances its durability, at temperatures, resistance to wear, and ability to withstand fire cracking.
Deem Roll Tech IPO Complete Details:
Deem Roll Tech IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Deem Roll Tech is Around 34 Rs.
Objects Of Issue:
A. Financing the capital expenditure needed for expanding our current manufacturing facility located at Plot No. 110/1,110/2, New Survey No. 202, Village Ganeshpura, Mehsana, Gujarat, India (“Manufacturing Unit 2”).
B. Providing funding for our working capital needs.
C. Meeting general corporate objectives and purposes.
Promoters:
- JYOTI PRASAD BHATTACHARYA
FAQs:
When Deem Roll Tech IPO is Opening?
Deem Roll Tech IPO is Opening on 20 February 2024.
When is the Deem Roll Tech IPO Closing?
Deem Roll Tech IPO is Closing on 22 February 2024.
What is the Issue Size of the Deem Roll Tech IPO?
The IPO Issue Size of Deem Roll Tech is 29.26 Crore.
Price Band of Deem Roll Tech IPO?
The price Band of Deem Roll Tech IPO is 129 rupees per share.
What is the minimum investment for a Deem Roll Tech IPO?
The minimum investment for the Deem Roll Tech IPO is 129,000 Rupees.
Allotment Date of Deem Roll Tech IPO?
The Allotment of Deem Roll Tech IPO is on 23 February 2024.
Listing Date of Deem Roll Tech IPO?
The Listing Of Deem Roll Tech is Scheduled on 27 February 2024.
One Should Apply for Deem Roll Tech IPO or Not?
Will Update Soon..
How to apply for Deem Roll Tech IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Deem Roll Tech IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Deem Roll Tech IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Deem Roll Tech IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Deem Roll Tech IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Deem Roll Tech IPO from the list ——–> Click on Deem Roll Tech IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Deem Roll Tech?
Fedex Securities Private Limited is the Lead Manager of Deem Roll Tech.
Where To Check the Allotment of Deem Roll Tech IPO?
The allotment status for the Deem Roll Tech IPO will be accessible on the Bigshare Services Pvt Ltd website.
Deem Roll Tech IPO is going to be listed at?
Deem Roll Tech IPO is going to be listed at NSE SME.
What is the Lot Size of the Deem Roll Tech IPO?
The lot size of the Deem Roll Tech IPO is 1000 Shares.
What is the P/E Ratio of the Deem Roll Tech IPO?
The P/E Ratio of the Deem Roll Tech is 11.31.
What is the ROE of the Deem Roll Tech IPO?
The ROE of the Deem Roll Tech IPO is 16.83%.
What is the ROCE of the Deem Roll Tech IPO?
The ROCE of the Deem Roll Tech IPO is 20.26%.
What is the EPS of the Deem Roll Tech IPO?
The EPS of the Deem Roll Tech IPO is 11.4.
