✓
Open
28 Apr to 3 May, 2023
✓
Close
28 Apr to 3 May, 2023
3
Allotment
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Listing
Thu, May 11, 2023
Price Band
₹95 to ₹101
Issue Size
22,76,400 shares (agg. up to ₹23 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, May 11, 2023
Latest GMP
₹43
Est. Gain
42.57%
✦ AI Insight
GMP Trend
11-05-2023₹43Est. ₹144+42.57%
10-05-2023₹35Est. ₹136+34.65%
09-05-2023₹18Est. ₹119+17.82%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.68x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 125.58 | 99.34 | 61.11 | 55.70 |
| Total Income | 56.03 | 80.09 | 62.12 | 73.50 |
| Profit After Tax | 3.87 | 5.04 | 0.66 | 0.44 |
| NET Worth | 30.44 | 23.82 | 3.20 | 7.04 |
| Reserves and Surplus | 4.11 | 6.54 | 3.17 | 7.13 |
| Total Borrowing | 24.06 | 24.36 | 11.48 | 4.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.90 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Earthstahl & Alloys Ltd. | SME | ₹12.96 Cr | ₹40 | 4.22 | ₹57.75 | +44.38% | ₹13.00 |
| Swastik Pipe Ltd. | SME | ₹62.52 Cr | ₹100 | 11.38 | ₹69.30 | -30.70% | ₹19.00 |
| Rhetan TMT Ltd. | SME | ₹56.00 Cr | ₹70 | 63.64 | ₹66.50 | -5.00% | ₹28.00 |
| Mangalam Worldwide Ltd. | SME | ₹65.58 Cr | ₹101 | 20.12 | ₹102.55 | +1.53% | ₹37.65 |
| Venus Pipes & Tubes Ltd. | Mainboard | ₹165.42 Cr | ₹326 | 21.03 | ₹354.35 | +8.70% | ₹1,949.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement including margin money | 18.00 |
| 2 | General Corporate Purpose | 4.49 |
| 3 | Issue Expenses | 0.50 |
About De Neers Tools IPO
Updated on Aug 5, 2026
Contact Details
De Neers Tools Ltd. AddressP.No.468, Ground FloorIndustrial AreaPatparganjDelhi, New Delhi, 110092011 47072555compliance@deneerstools.comVisit Website