DelaPlex Limited
Book Built Issue IPO · NSE
- Price band
- ₹186 - ₹192
- Lot size
- 600 shares
- Issue amount
- ₹46.08 cr
- Total subscription
- 177.86×
- Opens
- 25 Jan 2024
- Closes
- 30 Jan 2024
- Allotment
- 31 Jan 2024
- Listing
- 2 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 24,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,11,600
- Fresh issue
- ₹34.56 cr
- Offer for sale
- ₹11.52 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,15,200
- Issue type
- Book Built Issue IPO
- Shares before issue
- 73,10,000
- Shares after issue
- 73,10,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,15,200 |
| HNI | 2 | 1,200 | ₹2,30,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 8.74 | 794.91 |
| RETAIL | 15.31 | 2,447.87 |
| NIB | 6.57 | 2,203.43 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 40.45 |
| ROCE | 56.73 |
| RONW | 56.73 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
DelaPlex Limited, incorporated on February 12, 2004, is a subsidiary of U.S.-based delaPlex INC., which holds a 51% stake in the company. Specializing in technology and software development solutions, DelaPlex offers consulting services to drive client growth, revenue, and market value. The company provides a broad range of tech solutions, including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence. Its test engineers hold ISTQB Gold certification, and the company's information security management system is ISO/IEC 27001:2022 certified, with compliance to ISO 9001:2015 for quality management. Headquartered in Nagpur, with additional offices in Pune, Hyderabad, and Bengaluru, DelaPlex operates in India, the USA, and Dubai (UAE). For the financial years 2023, 2022, and 2021, the company's revenue from operations was ₹2,337.75 Lakhs, ₹4,283.60 Lakhs, ₹4,014.73 Lakhs, and ₹3,214.45 Lakhs, respectively, with a significant portion derived from international sales. As of September 30, 2023, DelaPlex had 300 personnel, including 286 employees and 14 contractors managing business operations, administration, secretarial, legal, and accounting functions.
Promoters
Mr. Nitin Sachdeva
Mr. Manish Iqbalchand Sachdeva
Mr. Mark T. River
Ms. Preeti Sachdeva
M/s delaPlex INC.
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013,
+ 91 9766660249
[email protected]Company website ↗Understanding DELAPLEX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.