DelaPlex Limited IPO
- IPO Date25 Jan, 2024 to 30 Jan, 2024
- Listing Date02 Feb, 2024
- Face Value₹10 per share
- Issue Price₹186 to ₹192 per share
- Lot Size600 Shares
- Minimum Investment₹1,15,200
- Listing AtNSE SME
- Total Issue Size24,00,000 Shares
(aggregating up to ₹46.08 Cr) - Fresh Issue18,00,000 Shares
(aggregating up to ₹34.56 Cr)
- Offer for Sale6,00,000 Shares
(aggregating up to ₹11.52 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue73,10,000
- Shareholding post issue91,10,000
IPO Dates
Closing Date
30 Jan, 2024
Initiation of Refunds
01 Feb, 2024
Listing Date
02 Feb, 2024
25 Jan, 2024
Opening Date
31 Jan, 2024
Basis of Allotment
01 Feb, 2024
Credit of Shares
DelaPlex Limited Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,15,200 |
| Retail (Max) | 1 | 600 | ₹1,15,200 |
| HNI (Min) | 2 | 1200 | ₹2,30,400 |
DelaPlex Limited Promoter Holding
The Promoters of the Company are Mr. Nitin Sachdeva, Mr. Manish Iqbalchand Sachdeva, Mr. Mark T. River, Ms. Preeti Sachdeva and M/s delaPlex INC.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 73.66% |
DelaPlex Limited COMPANY INFORMATION
DelaPlex IPO is a book built issue of Rs 46.08 crores. The issue is a 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. DelaPlex IPO bidding opened for subscription on January 25, 2024 and will close on January 30, 2024. The allotment for the DelaPlex IPO is expected to be finalized on Wednesday, January 31, 2024. DelaPlex IPO will list on NSE SME with tentative listing date fixed as Friday, February 2, 2024. DelaPlex IPO price band is set at ₹186 to ₹192 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹115,200. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹230,400. Shreni Shares Limited is the book running lead manager of the DelaPlex IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for DelaPlex IPO is Shreni Shares. Refer to DelaPlex IPO RHP for detailed information.
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 outside of India.
As of September 30th, 2023, the company has a total of 300 personnel, with 286 employees on our payroll and 14 contractors responsible for the day-to-day business operations, administrative, secretarial, legal and accounting functions according to their respective designated duties.
FAQs About Delaplex Limited Ipo
DelaPlex Limited IPO will open on 25 Jan, 2024 and close on 30 Jan, 2024. Investors must apply within this period to participate.
The DelaPlex Limited IPO price band is set between ₹186.00 and ₹192.00 per share. The minimum lot size is 600, requiring an investment of at least ₹115200.00.
The DelaPlex Limited IPO shares are expected to be listed on 02 Feb, 2024, subject to regulatory approvals and final allotment.
You can track your DelaPlex Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The DelaPlex Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.