Rosmerta Digital Services IPO Details
| IPO Open Date: | November 18, 2024 |
| IPO Close Date: | November 21, 2024 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹140 to ₹147 Per Share |
| Issue Size: | Approx ₹206.33 Crores |
| Fresh Issue: | Approx ₹206.33 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Rosmerta Digital Services IPO Market Lot
The Rosmerta Digital Services IPO minimum market lot is 1000 shares with ₹147,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ₹147,000 |
| Retail Maximum | 1 | 1,000 | ₹147,000 |
| HNI Minimum | 2 | 2,000 | ₹294,000 |
Rosmerta Digital Services IPO Dates
The Rosmerta Digital Services IPO date is November 18 and the close date is November 21. The Rosmerta Digital Services IPO allotment will be finalized on November 22 and the IPO listing on November 26.
| IPO Open Date: | November 18, 2024 |
| IPO Close Date: | November 21, 2024 |
| Basis of Allotment: | November 22, 2024 |
| Refunds: | November 25, 2024 |
| Credit to Demat Account: | November 25, 2024 |
| IPO Listing Date: | November 26, 2024 |
Promoters of Rosmerta Digital Services IPO
The promoters of the company are M/s Rosmerta Technologies Limited, M/s Shree Bankey Bihari Family Trust, Mr. Karn Vivek Nagpal, Mr. Kartick Vivek Nagpal.
About Rosmerta Digital Services IPO
A subsidiary of Rosmerta Technologies Limited, Rosmerta Digital Services Limited incorporated in 2021, offers digitally-enabled services and digitally-enabled distribution channel sales of automotive components & accessories. The company began by providing vehicle registration services to OEMs but has since expanded to include garage services, last-mile delivery, and automotive component and accessory sales. Rosmerta Digital Services Limited operates in two main segments: They provide digitally enabled services like vehicle registration services, transfer of ownership, State Transport Authority approvals, Fame and State subsidy assistance, and other Regional Transport Office-related support. Whereas for digitally enabled distribution channel sales, they joined the automotive component and accessory market in 2023, supported by a strong network of more than 150 active channel partners. Furthermore, Along with OLA Electric, Rosmerta Digital recently joined hands with Royal Enfield to register their direct-to-consumer vehicle sales. Between March 31, 2024, and March 31, 2023, Rosmerta Digital Services Limited’s revenue and profit after tax (PAT) climbed by 183% and 553%, respectively.
Rosmerta Digital Services IPO Company Financial Report
The company reported revenue of ₹84.19 crores in 2024 against ₹29.79 crore in 2023. The company reported profit of ₹10.57 crores in 2024 against Profit of ₹1.62 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹2.03 | ₹2.04 | ₹0.03 | ₹5.57 |
| 2023 | ₹29.79 | ₹27.56 | ₹1.62 | ₹19.32 |
| 2024 | ₹84.19 | ₹70.07 | ₹10.57 | ₹37.45 |
| September 2024 | ₹92.54 | ₹29.59 | ₹14.84 | ₹100.13 |
Rosmerta Digital Services IPO Valuation – FY2024
Check Rosmerta Digital Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 1.53% |
| ROCE: | 1.03% |
| EBITDA Margin: | 18.25% |
| PAT Margin: | 12.55% |
| Debt to equity ratio: | 1.23 |
| Earning Per Share (EPS): | ₹3.01 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 86.51% |
| Net Asset Value (NAV): | ₹20.21 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| BLS E-services Limited | 1.03 | 217.53 | 1.85 | 43.19 | 39.67 Cr. |
Objects of the Issue
- Funding the capital expenditure for the purchase of office space in Mumbai;
- Funding the capital expenditure for setting up warehouses, model workshops, and experience centers in various parts of India;
- Funding the capital expenditure for setting up IT infrastructure;
- Funding the Working Capital Requirement of the Company;
- Funding expenditure for inorganic growth through acquisitions and other strategic initiatives; and
- General Corporate Purposes.
Rosmerta Digital Services IPO Review
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Rosmerta Digital Services IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
- Beeline Capital Advisors Pvt Ltd
Company Address
Rosmerta Digital Services Limited
402, 4th Floor, World Trade Tower,
Barakhamba Lane,
Connaught Place – 110001
Phone: +91-92894 80509
Email: [email protected]
Website: http://www.rosmertadigital.com/
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