Rosmerta Digital Services IPO Detail: Open Date, Close Date, GMP, Price Band

Rosmerta Digital Services IPO subscription opens from Monday, November 18, 2024, and closes on Thursday, November 21, 2024. It is a book-built issue of worth up to Rs 206.33 crores of equity shares. This upcoming IPO is an entirely fresh issue of 1.40 crore equity shares.

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Rosmerta Digital Services IPO Price Band

Rosmerta Digital Services IPO price band is Rs 140 to Rs 147 per share. The minimum investment required for retail investors is Rs 1,47,000 (147 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,94,000 (147 x 2,000 shares).

Rosmerta Digital Services IPO GMP

Currently, Rosmerta Digital Services IPO GMP (grey market premium) is at Rs 31. It is expected that the listing price will be near Rs 178. However, if the subscription is oversubscribed, then Rosmerta Digital Services IPO GMP may go up.

Rosmerta Digital Services Allotment Status

Rosmerta Digital Services IPO Allotment status will be available on its registrar Link Intime India Private Limited website on Friday, November 22, 2024. Once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Rosmerta Digital Services Listing Date

Rosmerta Digital Services IPO listing date is decided on November 26, 2024. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Rosmerta Digital Services IPO: Listing Date, Lot Size, Issue Size, Price Band

Rosmerta Digital Services IPO: About the Company

Rosmerta Digital Services Limited, a 2021-incorporated subsidiary of Rosmerta Technologies, specializes in state-of-the-art digital solutions tailored for the automobile industry. The focus domains are vehicle registration, last-mile delivery, and garage services which leverage advanced technology to cut the operational inefficiencies and drive satisfaction for customers. For instance, company's platforms such as URJA and MyRaasta reduce the complexity associated with key processes of the OEM-vehicle owner value chain.

Rosmerta Digital Services IPO Objectives

The company plans to utilize the Net Proceeds from the issue for the following purposes: funding capital expenditure for purchasing office space in Mumbai; setting up warehouses, model workshops, and experience centres across India; establishing IT infrastructure; meeting working capital requirements; supporting inorganic growth through acquisitions and other strategic initiatives; and general corporate purposes.

Rosmerta Digital Services IPO: Key Dates, Allotment, Listing Date

Rosmerta Digital Services IPO Subscription Details, IPO Reservation

Rosmerta Digital Services IPO subscription details will be available after the IPO opens on November 18, 2024. Not less than 35% of the net offer is reserved for the retail category, not more than 50% of the net offer is reserved for Qualified Intuitional Buyers, and not less than 15% of the net offer is reserved for the HNI category.

Rosmerta Digital Services IPO Lot Size Details

Rosmerta Digital Services IPO lot size is set at 1000 shares per lot. The minimum investment required for retail investors is Rs 1,47,000 (147 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,94,000 (147 x 2000 shares).

Rosmerta Digital Services IPO Promoter Holdings

Rosmerta Digital Services IPO promoters are M/s Rosmerta Technologies Limited, M/s Shree Bankey Bihari Family Trust, Mr. Karn Vivek Nagpal, Mr. Kartick Vivek Nagpal. The promoter's combined shareholdings before the IPO was 89.74%; however, post-IPO their shareholdings will decline to 66.02%.

Rosmerta Digital Services Limited Company Financials (Amt in Lakhs)

Lead manager and Registrar of Rosmerta Digital Services IPO

The IPO is managed by Narnolia Financial Services Limited and Beeline Capital Advisors Private Limited, which is the book-running lead manager for this public issue. The company has appointed Link Intime India Private Limited as the registrar for this public issue.

How to apply to Rosmerta Digital Services IPO

Interested investors who want to apply to the Rosmerta Digital Services IPO can directly apply from the Bigul trading app, or you can apply here. You can also check the details of other upcoming IPO on the Bigul platform.

Rosmerta Digital Services IPO FAQs

1. What are the core details available of the Rosmerta Digital Services IPO?

Rosmerta Digital Services IPO is a book-built issue worth up to Rs 206.33 crores. This upcoming IPO is an entirely fresh issue of 1.40 crore equity shares.

2. What is the Rosmerta Digital Services IPO open date and close date?

Rosmerta Digital Services IPO subscription opens on Monday, November 18 2024, and closes on Thursday, November 21 2024.

3. What is Rosmerta Digital Services IPO GMP?

Currently, Rosmerta Digital Services IPO GMP (grey market premium) is at Rs 31. It is expected that the listing price will be near Rs 178. However, if the subscription is oversubscribed, then Rosmerta Digital Services IPO GMP may go up.

4. How do you check the IPO Allotment status?

Rosmerta Digital Services IPO Allotment details are available on its registrar Link Intime India Private Limited website. Once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who is the registrar and lead managers for Rosmerta Digital Services IPO?

The IPO is managed by Narnolia Financial Services Limited and Beeline Capital Advisors Private Limited, which is the book-running lead manager for this public issue. The company has appointed Link Intime India PrivateLimited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?