Listed Price₹190.00
Listing Gain+88.12%
Price Band₹95 - ₹101
Lot Size1,200 shares
Min Bid₹1,21,200
Subscription15.04x
Listed Market Snapshot
₹190.00Listed price from market data
+88.12%listing gain
Issue Amount
₹23 Cr
Listed Price
₹190.00
Current Price
₹220.45
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open28 Apr 2023
Close03 May 2023
Allotment08 May 2023
Listing11 May 2023
Quota Reservation Portions
QIBPortion: 10,78,800 shares
47.39%Nii (hni)Portion: 3,25,200 shares
14.29%RetailPortion: 7,57,200 shares
33.26%Market MakerPortion: 1,15,200 shares
5.06%Minimum Application Bracket Matrix
Retail1 lots / 1,200 shares
₹1,21,200HNI2 lots / 2,400 shares
₹2,42,400About the Company
Incorporated in 1952, De Neers Tools Limited is a supplier of industrial and safety tools under the brand name "De Neers." The company offers a wide range of products, including spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, and trolleys, as well as specialized tools like non-sparking, insulated, stainless steel, magnetic, and titanium tools. With approximately 250 dealers across India, De Neers serves clients such as Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Polycab Cables, and Indian Railways, leveraging its experienced management team, strong distribution system, product quality, and reliable supply chain.
Company Promoters
Mr. Neeraj Kumar AggarwalMrs. Shilpy AggarwalMr. Kanav Gupta
Registrar
Bigshare Services Private Limited