What is the issue size of the De Neers Tools IPO?

The issue size of the De Neers Tools IPO is 2,276,400 equity shares that will be offloaded via fresh issue.

What are the open and close dates of the De Neers Tools PO?

De Neers Tools IPO opens on Apr 28, 2023, and closes on May 3, 2023

How will I know when my De Neers Tools IPO order is placed?

We will notify you when your order is successfully placed with the stock exchange.

Who is the registrar of the De Neers Tools IPO?

The registrar of the De Neers Tools IPO is Bigshare Services Pvt Ltd.

What is 'pre-apply' for the De Neers Tools IPO?

The pre-apply option allows you to apply for the De Neers IPO 2 days before the subscription period starts.

When will my order be placed if I pre-apply for De Neers Tools?

Your order will be placed on the exchange as soon as the De Neers Tools IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

What is the face value of a share in the De Neers Tools IPO?

De Neers Tools has filed its DRHP with SEBI announcing a face value of Rs. 10 per equity share.

What is the minimum lot size for the De Neers Tools IPO?

The minimum lot size for the De Neers Tools IPO is 1200 shares.

De Neers SME IPO

De Neers Tools Limited

₹1,14,000 /1200 sharesMinimum Investment

De Neers SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹101.00₹190.00₹89.00 (88.12%)
De Neers SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
28 Apr ‘23 - 3 May ‘23₹1,14,0001,200₹95 - ₹101
Issue SizeIPO Doc
23.00CrRHP PDF
About De Neers SMEP Link
About the company: De Neers Tools Ltd is a market leader in the hand tool industry, with a history dating back to 1952. The company was established as De Neers Tools LLP in March 2018, and took over the business of 'M/s Deewan Chand Madanlal & Sons' on a going concern basis in June 2021.
The brand "De Neers" manufactures hand tools and has approximately 250 dealers throughout India, with plans to expand into export markets. The company is ISO 9001:2015, ISO 14001:2015, and 45001:2018 accredited and has over 3200 SKUs. The product range includes spanners, pliers, cutters, allen keys, hammers, screwdrivers, tool kits, tool cabinets, as well as safety tools like non-sparking and insulated tools. The company's clients include leading OEMs like Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, and Indian Railways.
;
Parent Organisation
De Neers Tools Limited
Founded
1952
Managing Director
Neeraj Kumar Aggarwal
Strengths & Risks
Here are some strengths of De Neers Tools Limited:
The Indian government is likely to increase its spending on infrastructure development. This might help sustain demand for the hand tools industry, which is used in infrastructure, automobile production, the auto accessory industry, and vehicle repair/maintenance.
The rise of the DIY culture is another positive trend for the company as more users incline to self-servicing methods of assembly and maintenance.
The company is stated to benefit from the Production Linked Incentive (PLI) scheme and the Make in India initiatives launched by the government
Here are some risk factors associated with De Neers Tools Limited
Third-party entities play a critical role in supporting various aspects of the company's operations, highlighting its significant reliance on them.
The company's brand, DeNeer, being in its early stages, is vulnerable to imitation and counterfeiting by third parties, potentially harming the company's reputation.
The company has experienced negative cash flows in the past, indicating its financial vulnerability.
Lower market share or reduced operating margins due to intense competition could significantly impact the company.
The company's significant working capital requirements mean that insufficient cash flows could result in an inability to make necessary debt payments or fund working capital requirements.
The loans availed by the company from its promoter and other group entities are unsecured and payable on demand, increasing the company's financial risk.
Third-party transportation providers are crucial to the company's operations, and any increase in transportation costs or unavailability of transportation services may negatively impact the company's prospects.
Financial market instability has the potential to significantly and adversely impact the company's financial condition.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹95 - 101₹2 Lakh
For De Neers SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹101.00	₹190.00	₹89.00 (88.12%)

Bidding Dates	Min. Investment	Lot Size	Price Range
28 Apr ‘23 - 3 May ‘23	₹1,14,000	1,200	₹95 - ₹101

Issue Size	IPO Doc
23.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹95 - 101	₹2 Lakh

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