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DELAPLEXSME / NSEListed
DelaPlex

DelaPlex Limited, incorporated on February 12, 2004, is a subsidiary of U.S.-based delaPlex INC., which holds a 51% stake in the company. Specializing in technology and software development solutions, DelaPlex offers consulting services to drive client growth, revenue, and market value. The company provides a broad range of tech solutions, including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence. Its test engineers hold ISTQB Gold certification, and the company's information security management system is ISO/IEC 27001:2022 certified, with compliance to ISO 9001:2015 for quality management. Headquartered in Nagpur, with additional offices in Pune, Hyderabad, and Bengaluru, DelaPlex operates in India, the USA, and Dubai (UAE). For the financial years 2023, 2022, and 2021, the company's revenue from operations was ₹2,337.75 Lakhs, ₹4,283.60 Lakhs, ₹4,014.73 Lakhs, and ₹3,214.45 Lakhs, respectively, with a significant portion derived from international sales. As of September 30, 2023, DelaPlex had 300 personnel, including 286 employees and 14 contractors managing business operations, administration, secretarial, legal, and accounting functions.

₹186 - ₹192177.86x sub
Listed Price₹309.00
Listing Gain+60.94%

IPO Schedule & Timeline

Book Built Issue IPO
Open25 Jan 2024
Close30 Jan 2024
Allotment31 Jan 2024
Listing02 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail7,97,400 shares
33.23%
Nii(hni)3,42,000 shares
14.25%
QIB4,55,400 shares
18.98%
Market Maker1,22,400 shares
5.1%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,15,200
HNI2 Lots (1,200 shares)
₹2,30,400

Company Promoters

Mr. Nitin SachdevaMr. Manish Iqbalchand SachdevaMr. Mark T. RiverMs. Preeti SachdevaM/s delaPlex INC.

Company Background

DelaPlex Limited, incorporated on February 12, 2004, is a subsidiary of U.S.-based delaPlex INC., which holds a 51% stake in the company. Specializing in technology and software development solutions, DelaPlex offers consulting services to drive client growth, revenue, and market value. The company provides a broad range of tech solutions, including software...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹2814.28 Cr
Growth-22.5%
Revenue Trend (₹ in Crores)
0.02.1k4.2k6.4kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-232,814.28425.533,185.450
Mar-235,521.81790.722,638.330
Mar-225,034.06611.871,790.900
Mar-213,633.30404.001,100.770

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values040.45%56.73%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
31 Jan 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
02 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for DelaPlex. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization31 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Feb 2024Trading commences on exchange

How to Check DelaPlex Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select DelaPlex from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About DelaPlex IPO

Complete issue overview for DelaPlex (DELAPLEX) IPO. The issue features an equity share price band of ₹186 – ₹192 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,15,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions