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DNDENEERSListed

De Neers Tools Limited

Bookbuilding IPO · NSE

Price band
₹95 - ₹101
Lot size
1,200 shares
Issue amount
₹23 cr
Total subscription
15.04×
Current price₹165.9
Listing price ₹190
Watch live price ↗
Opens
28 Apr 2023
Closes
3 May 2023
Allotment
8 May 2023
Listing
11 May 2023

Offer at a glance

Issue overview

Issue size
22,76,400 shares
Face value
₹10 per share
Minimum investment
₹1,14,000
Fresh issue
₹22.99 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,21,200
Issue type
Bookbuilding IPO
Shares before issue
63,30,000
Shares after issue
86,06,400

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,21,200
HNI22,400₹2,42,400

Share reservation

QIB47.39%
NII (HNI)14.29%
RETAIL33.26%
Market Maker5.06%

Subscription & GMP

Subscription by category

Total subscribed15.04×

Subscription figures are awaiting publication.

GMP history

021.54321 Mar: ₹4311 Nov: ₹43
21 Mar₹4311 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,000Oct 2022 · Revenue: 5,602.65Oct 2022 · Profit after tax: 386.98Oct 2022Mar 2022 · Revenue: 8,008.68Mar 2022 · Profit after tax: 504.42Mar 2022Mar 2021 · Revenue: 6,211.77Mar 2021 · Profit after tax: 65.77Mar 2021Mar 2020 · Revenue: 7,349.62Mar 2020 · Profit after tax: 43.94Mar 2020
RevenueProfit after tax

Key performance indicators

MetricValues
EPS7.97
ROE0
ROCE0
RONW21.17
PRE IPO(PE)0
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 1952, De Neers Tools Limited is a supplier of industrial and safety tools under the brand name "De Neers." The company offers a wide range of products, including spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, and trolleys, as well as specialized tools like non-sparking, insulated, stainless steel, magnetic, and titanium tools. With approximately 250 dealers across India, De Neers serves clients such as Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Polycab Cables, and Indian Railways, leveraging its experienced management team, strong distribution system, product quality, and reliable supply chain.

Promoters

Mr. Neeraj Kumar Aggarwal

Mrs. Shilpy Aggarwal

Mr. Kanav Gupta

Registrar & documents

Lead manager

Khambatta Securities Limited, Share India Capital Services Private Limited

Registered office

P.No. 468, Ground Floor, Industrial Area, Patparganj, Delhi – 110 092

011 47072555

compliance@den eerstools.comCompany website ↗

Understanding DENEERS 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.