Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The DelaPlex IPO is going to open soon. So I will give you complete information about DelaPlex IPO here on IPO India.
On this article I will inform you about DelaPlex IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About DelaPlex Limited
Established on February 12, 2004, Delaplex Limited operates as a subsidiary of US based enterprise Delaplex INC. delaPlex INC. holds a majority stake of 51% in the company. Specializing in technology and software development solutions, Delaplex Limited offers consulting services aimed at helping clients achieve growth, revenue and market value.
The company’s portfolio includes a variety of technology solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics and artificial intelligence.
Delaplex Limited’s test engineers hold ISTQB Gold certification, and the company’s information security management system is certified to ISO/IEC 27001:2022 standards. In addition, the company complies with the requirements of ISO 9001:2015 for its quality management system.
With its registered office located in Nagpur, the company has presence in Pune, Hyderabad and Bengaluru. It extends its services not only in India but also in USA and Dubai (UAE).
As of September 30, 2023, and for fiscal years 2023, 2022 and fiscal 2021, the company generated from operations ₹2,337.75 lakh, ₹4,283.60 lakh, ₹4,014.73 lakh, and substantially ₹14,500 lakh, substantially ₹2,444. Derived from sales outside India.
As of September 30, 2023, Delaplex Limited has a workforce of 300 employees, including 286 employees on its payroll and 14 contractors responsible for day-to-day business operations, administrative functions, secretarial duties, legal affairs and accounting functions. their designated roles.
DelaPlex IPO GMP
| Exp. Premium (GMP) | ₹80-100 (42%) per Share |
About DelaPlex IPO
Here is some information about DelaPlex IPO which will help you in making a decision to invest in DelaPlex IPO. It appears to be a book-built offer with a total value of ₹46.08 crore, including combination of fresh issue of 18 lakh shares aggregating to Rs 34.56 crores and offer for sale of 6 lakh shares aggregating to Rs 11.52 crores.
Summary of the key details
- Issue Size: Rs 46.08 crores
- Offer for Sale: 2,400,000 shares
- Subscription Period: January 25, 2024 to January 30, 2024
- Allotment Date: January 31, 2024
- Listing Date: February 02, 2024
Price Range of DelaPlex IPO
- ₹186 to ₹192 per share
Lot Size of DelaPlex IPO
- Minimum Lot: 600 Shares.
- Minimum Investment for Retail Investors: ₹115,200
Minimum Lot Size Investments for DelaPlex IPO
- HNI: 2 lots (1200 shares), amounting to ₹230,400
This information provides potential investors with the details they need to participate in the DelaPlex IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
DelaPlex IPO
| Open Date | January 25, 2024 |
| Close Date | January 30, 2024 |
| Allotment Date | January 31, 2024 |
| Listing Date | February 02, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹186-192 Per Equity Share |
| Issue Size | 2,400,000 shares (Aggregating up to ₹46.08 Cr) |
| Market Lot (Min. Amount) | Retail: 600 Shares (₹115,200/-) |
| Listing at Group(s) | NSE SME |
| Lead Manager | Sherni Shares Limited |
| Register | Bigsahre Services Pvt Ltd |
| Retail Portion | 35% |
To know more about IPOs.
Valuations of DelaPlex IPO
| Earnings Per Share (EPS Pre IPO) | ₹10.82/- |
| Earnings Per Share (EPS Post IPO) | ₹9.34/- |
| P/E Ratio | N/A |
| RoNW | 56.73% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
DelaPlex Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 3,185.45 | 2,814.28 | 425.53 | 2,775.58 | 2,774.58 | |
| 31 Mar 2023 | 2,638.33 | 5,521.81 | 790.72 | 2,350.05 | 2,349.05 | |
| 31 Mar 2022 | 1,790.90 | 5,034.06 | 611.87 | 1,559.32 | 1,558.32 | |
| 31 Mar 2021 | 1,100.77 | 3,366.30 | 404.00 | 947.45 | 945.45 |
Promoter(s)
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.66% |
Company Promotor(s):-
- Mr. Nitin Sachdeva
- Mr. Manish Iqbakchand Sachdeva
- Mr. Mark T. River Sachdeva
- M/s DelaPlex INC
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.45% |
| ROCE | 56.73% |
| RoNW | 56.73% |
| P/BV | 0 |
Issue Objective(s)
- APAC – Advertisement, Sales and Marketing expenses toward enhancing the awareness
- Funding working Capital Requirements of the Company
- Funding of capital Expenditure requirements of the company toward the purpose of office laptops
- General Corporate purposes and unidentified inorganic acquisition
DelaPlex IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
DelaPlex IPO Review
Update Soon
Conclusion
In summary, the Delaplex Limited IPO presents an attractive investment opportunity for those interested in the finance sector. Established on February 12, 2004, Delaplex Limited operates as a subsidiary of Delaplex INC., a US-based enterprise, which holds a majority stake of 51% in the company. Specializing in technology and software development solutions, the company extends its services not only in India but also in USA and Dubai (UAE).
Rs. The IPO with an issue size of Rs 46.08 crore comprises a fresh issue of 18 lakh shares and an offer for sale of 6 lakh shares. The subscription period runs from January 25, 2024 to January 30, 2024, with an allotment date of January 31, 2024 and a listing date of February 02, 2024. The price range for the Delaplex IPO is ₹186 to ₹192 per share. shares, and the minimum lot size is 600 shares, requiring a minimum investment of ₹115,200 for retail investors.
Investors should note that the company’s financials, as on September 30, 2023, indicate revenue from operations of ₹2,337.75 lakh, ₹4,283.60 lakh and ₹4,014.73 lakh for FY2023, 2022 and FY21. Derived from sales outside India.
Delaplex Limited has a workforce of 300 employees, with 286 on its payroll and 14 contractors handling various functions. The company’s IPO GMP is expected to be ₹80-100 per share (42%).
Considering the inherent risks associated with IPO investments, it is important for potential investors to conduct thorough research or consult financial professionals before making investment decisions. The DelaPlex IPO, with its subscription period beginning on January 25, 2024, presents an opportunity for those keen to explore this financial venture.
DelaPlex IPO FAQs
When DelaPlex IPO is coming?
The DelaPlex IPO opens on January 25, 2024 and closes on January 30, 2024.
What is the lot size of DelaPlex IPO?
DelaPlex IPO lot size is 600 Shares, and the minimum amount required is ₹115,200.
When DelaPlex IPO Allotment?
The finalization of Basis of Allotment for DelaPlex IPO will be done on Wednesday, January 31, 2024, and the allotted shares will be credited to your demat account by Thursday, February 1, 2024.