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Deem Roll-Tech Limited IPO

Deem Roll-Tech Limited was a SME IPO in the Iron & Steel Products sector, offered at ₹129–₹129 per share to raise ₹29 crore. It listed on 27 Feb 2024 at ₹200 and closed its first day at ₹210, a listing gain of +62.6% versus the ₹129 issue price. It now trades around ₹53 (-59.0% versus the issue price).

Frequently asked questions

What were the Deem Roll-Tech Limited IPO listing gains?
Deem Roll-Tech Limited listed on 27 Feb 2024 at ₹200, closing its first day at ₹210 — a listing gain of +62.6% versus the ₹129 issue price.
What was the price band and lot size of the Deem Roll-Tech Limited IPO?
The price band was ₹129–₹129 per share, with a minimum lot of 1,000 shares (₹1,29,000 at the upper band).
Who were the registrar and lead manager for the Deem Roll-Tech Limited IPO?
Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.