De Neers Tools Limited is a manufacturer and supplier of Hand Tools since 1951. The company offers products such as spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, trolleys, etc. De Neers Tools’ some of the client name includes Tata Steel, Indian oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways, and more.
They are selling their products under their brand name “De Neers”. They have around 250 dealers working with them in India. DE NEERS TOOLS is an ISO 9001:2015 Certified and ISO 14001:2015 accredited Company. They are one of the reputed hand tools suppliers that provides the broadest range of hand tools in India. Their extensive range of products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, socket, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. We are also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with our range of hand tools.
Objects of the Issue:
- To meet the working capital requirements of the company.
- For general corporate purposes and to meet the issue expenses.
De Neers Tools IPO Review
- Avoid
De Neers Tools IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| Today | ₹35 | ₹- | ₹40000 |
| 10 May | ₹10 | ₹- | ₹- |
| 9 May | ₹10 | ₹- | ₹- |
De Neers Tools IPO Date & Price Band Details
| IPO Open: | April 28, 2023 |
| IPO Close: | May 3, 2023 |
| IPO Size: | Approx ₹23 Crores, 2,276,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹101 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
De Neers Tools IPO Market Lot
The De Neers Tools IPO minimum market lot is 1200 shares with a ₹121,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹121,200 |
| Retail Maximum | 1 | 1200 | ₹121,200 |
| S-HNI Minimum | 2 | 2400 | ₹242,400 |
De Neers Tools IPO Dates
The De Neers Tools IPO date is April 28 and the IPO close date is May 3. The IPO allotment date is May 8 and the IPO might list on May 11.
| IPO Open Date: | April 28, 2023 |
| IPO Close Date: | May 3, 2023 |
| Basis of Allotment: | May 8, 2023 |
| Refunds: | May 9, 2023 |
| Credit to Demat Account: | May 10, 2023 |
| IPO Listing Date: | May 11, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
De Neers Tools IPO Form
How to apply De Neers Tools IPO? You can apply De Neers Tools IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the De Neers Tools IPO in the Invest section. The other option you can apply De Neers Tools IPO via IPO forms download via the NSE website. Check out the De Neers Tools forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
De Neers Tools Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹73.50 | ₹72.89 | ₹0.56 |
| 2021 | ₹62.12 | ₹61.17 | ₹0.54 |
| 2022 | ₹61.29 | ₹54.36 | ₹4.99 |
De Neers Tools IPO Valuation – FY2022
Check De Neers Tools IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.97 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 21.17% |
| Net Asset Value (NAV): | ₹37.63 per Equity Share |
Peer Group
- Taparia Tools Limited
Company Promoters
- Mr. Neeraj Kumar Aggarwal
- Mrs. Shilpy Aggarwal
- Mr. Kanav Gupta
De Neers Tools IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
De Neers Tools IPO Allotment Status
Check De Neers Tools IPO allotment status on Bigshare website URL. Click Here
De Neers Tools IPO Lead Managers aka Merchant Bankers
- Khambatta Securities Limited
Company Address
De Neers Tools Limited
P.No. 468, Ground Floor,
Industrial Area, Patparganj,
Delhi – 110 092
Phone: 011 47072555
Email: compliance@den eerstools.com
Website: https://deneerstools.com/
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