Deem Roll Tech IPO closes today: Check subscription status and other details

Deem Roll Tech IPO: The IPO was opened for public subscription on February 20.

Published on: Feb 22, 2024, 12:58:16 IST

By HT News Desk

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Deem Roll Tech IPO: The initial public offering Deem Roll Tech Ltd will close today. The ₹29.26-crore SME IPO has received a good response from investors as on February 22, it received 20.34 times subscription, garnering bids for 4,38,20,000 shares against 21,54,000 shares on offer.

Deem Roll Tech IPO: The Initial Public Offering will close today. Check details below

Deem Roll Tech IPO opening date: The IPO was opened for public subscription on February 20.

Deem Roll Tech IPO subscription: The retail category received 32.74 times subscription and the non-institutional quota got 7.92 times subscription till now.

Read more: GPT Healthcare IPO opens: Check price band, issue size before subscribing

Deem Roll Tech IPO allotment: The allotment will take place on February 23.

Deem Roll Tech IPO listing: The listing will take place on the NSE SME on February 27.

More details on Deem Roll Tech IPO: The IPO by the steel and alloy manufacturer is entirely a fresh issue of 22.68 lakh shares. The price has been fixed at ₹129 per share and the minimum lot size for an application is 1,000 shares. For retail investors, the minimum amount of investment required is ₹1,29,000 while for HNI, the minimum investment is 2 lots (2,000 shares)- ₹2,58,000.

Deem Roll Tech IPO lead manager: Fedex Securities Pvt Ltd is the book-running lead manager of the IPO.

Deem Roll Tech IPO registrar: Bigshare Services Pvt Ltd is the registrar for the issue and the market maker is Ss Corporate Securities.

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HT News Desk
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