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Open
25 Jan 2024
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Close
30 Jan 2024
3
Allotment
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Listing
Fri, Feb 2, 2024
Price Band
₹186 to ₹192
Issue Size
24,00,000 shares (agg. up to ₹46 Cr)
Lot Size
600 Shares
Listing Date
Fri, Feb 2, 2024
Latest GMP
₹145
Est. Gain
75.52%
✦ AI Insight
GMP Trend
02-02-2024₹145Est. ₹337+75.52%
01-02-2024₹145Est. ₹337+75.52%
31-01-2024₹145Est. ₹337+75.52%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 123.92x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 31.85 | 26.38 | 17.91 | 11.01 |
| Total Income | 28.14 | 55.22 | 50.34 | 36.33 |
| Profit After Tax | 4.26 | 7.91 | 6.12 | 4.04 |
| NET Worth | 27.76 | 23.50 | 15.59 | 9.47 |
| Reserves and Surplus | 27.75 | 23.49 | 15.58 | 9.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Trident Techlabs Ltd. | SME | ₹16.03 Cr | ₹35 | 7.42 | ₹103.05 | +194.43% | ₹139.55 (-4.97%) |
| Micropro Software Solutions Ltd. | SME | ₹30.70 Cr | ₹81 | 0.34 | ₹76.00 | -6.17% | ₹20.20 (+5.21%) |
| Canarys Automations Ltd. | SME | ₹47.03 Cr | ₹31 | 15.82 | ₹41.30 | +33.23% | ₹18.75 (-0.27%) |
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,278.95 (-0.66%) |
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹23.25 (-4.91%) |
| AccelerateBS India Ltd. | SME | ₹5.69 Cr | ₹90 | 27.27 | ₹114.97 | +27.74% | ₹100.23 (-5.00%) |
| Systango Technologies Ltd. | SME | ₹34.82 Cr | ₹90 | 15.13 | ₹102.90 | +14.33% | ₹222.55 (-1.92%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | APAC – Advertisement, Sales and Marketing expenses towards enhancing the awareness | 4.16 |
| 2 | Funding of capital expenditure requirements of our Company towards purchase of Office equipment | 0.65 |
| 3 | Funding Working Capital Requirements of our Company | 13.34 |
| 4 | General corporate purposes and unidentified inorganic acquisition | 10.08 |
About DelaPlex IPO
Incorporated on February 12, 2004, DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company's shares. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value. The company also provides various tech solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence. The company's test engineers hold ISTQB Gold certification, and its information security management system is ISO/IEC 27001:2022 certified. The company also complies with the requirements of ISO 9001:2015 for its Quality Management System. The company's registered office is in Nagpur, with additional presence in Pune, Hyderabad, and Bengaluru. The company provides services in India as well as in USA, and Dubai (UAE). As of September 30, 2023, and for the financial year ended 2023, 2022 and Fiscal 2021, the company's revenue from operations was respectively ₹ 2,337.75 Lakhs, and ₹ 4,283.60 Lakhs, ₹ 4,014.73 Lakhs and ₹ 3,214.45 Lakhs was derived from sales outsi
Contact Details
DelaPlex Ltd. Address554/31, Utkarsh NagarNear K.T NagarKatol RoadNagpur, Maharashtra, 440013+ 91 9766660249investor@delaplex.inVisit Website