IPO Trending
DENEERSSME / NSEListed
De Neers Tools

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.

DRHP
₹95 - ₹10115.04x sub
Listed Price₹190.00
Listing Gain+88.12%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Apr 2023
Close03 May 2023
Allotment08 May 2023
Listing11 May 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB10,78,800 shares
47.39%
Nii (hni)3,25,200 shares
14.29%
Retail7,57,200 shares
33.26%
Market Maker1,15,200 shares
5.06%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,21,200
HNI2 Lots (2,400 shares)
₹2,42,400

Company Promoters

Mr. Neeraj Kumar AggarwalMrs. Shilpy AggarwalMr. Kanav Gupta

Company Background

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, s...

Lead Managers & Bankers

Khambatta Securities LimitedShare India Capital Services Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹7349.62 Cr
Growth+31.2%
Revenue Trend (₹ in Crores)
0.03.1k6.1k9.2kOct 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20207,349.6243.945,570.44484.58
Mar 20216,211.7765.776,111.281,147.84
Mar 20228,008.68504.429,933.522,435.85
Oct 20225,602.65386.9812,558.142,406.42

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values7.970%0%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
08 May 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
11 May 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for De Neers Tools. 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 Finalization08 May 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 May 2023Trading commences on exchange

How to Check De Neers Tools Allotment Online

1Open Portal

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

2Select Company

Select De Neers Tools 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

Official FilingDRHP

Allotment FAQs & Help

About De Neers Tools IPO

Complete issue overview for De Neers Tools (DENEERS) IPO. The issue features an equity share price band of ₹95 – ₹101 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,21,200). 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