About Deem Roll-tech Limited
The initial public offering (IPO) for Deem Roll Tech, valued at Rs 29.26 crore, consists entirely of a fresh issuance of 22.68 million shares. The subscription window for this IPO opens on February 20, 2024, and concludes on February 22, 2024. The allocation of shares is anticipated to be determined by February 23, 2024. It is scheduled to be listed on the NSE SME, with the expected listing date being February 27, 2024. Each share is priced at Rs 129, with the minimum subscription requirement set at 1000 shares. This places the minimum investment for retail investors at Rs 129,000. For high net-worth individuals (HNIs), the minimum investment is set at two lots, or 2000 shares, totalling Rs 258,000. Fedex Securities Pvt Ltd is overseeing the IPO as the lead book-running manager, and Bigshare Services Pvt Ltd has been appointed as the registrar for the issue. Ss Corporate Securities is serving as the market maker for the IPO.
