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Home › IPOs › DelaPlex Ltd
DE
DelaPlex Ltd
CLOSED NSE SME Mainboard Fresh Capital-cum-Offer for Sale DelaPlex IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹192
Issue Price: ₹ 192
Issue Price
₹192
Face Value
₹10
Lot Size
600 shares
Open Date
25 Jan 2024
Close Date
30 Jan 2024
Allotment
31 Jan 2024
Listing Date
02 Feb 2024
Exchange
NSE SME
DelaPlex IPO About the Company

Incorporated on February 12, 2004, DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company's shares. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value.

The company also provides various tech solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.

The company's test engineers hold ISTQB Gold certification, and its information security management system is ISO/IEC 27001:2022 certified. The company also complies with the requirements of ISO 9001:2015 for its Quality Management System.

The company's registered office is in Nagpur, with additional presence in Pune, Hyderabad, and Bengaluru.

The company provides services in India as well as in USA, and Dubai (UAE).

As of September 30, 2023, and for the financial year ended 2023, 2022 and Fiscal 2021, the company's revenue from operations was respectively ₹ 2,337.75 Lakhs, and ₹ 4,283.60 Lakhs, ₹ 4,014.73 Lakhs and ₹ 3,214.45 Lakhs was derived from sales outside of India.

As of September 30th, 2023, the company has a total of 300 personnel, with 286 employees on our payroll and 14 contractors responsible for the day-to-day business operations, administrative, secretarial, legal and accounting functions according to their respective designated duties.

...read more
DelaPlex IPO Objects of the Issue
Purpose Amount (₹ Cr)
APAC - Advertisement, Sales and Marketing expenses towards enhancing the awareness —
Funding Working Capital Requirements of the Company —
Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops; —
General corporate purposes and unidentified inorganic acquisition; —
DelaPlex IPO Lead Managers
Shreni Shares Ltd
Financial Summary Amount in ₹ Lakhs
Metric 30 Sep 2023 31 Mar 2023 31 Mar 2022
Total Assets 3,185 2,638 1,791
Revenue 2,814 5,522 5,034
PAT 426 791 612
Net Worth 2,776 2,350 1,559
Reserves 2,775 2,349 1,558
DelaPlex IPO Key Financial Ratios
ROE
40
ROCE
57
RONW
57
P/BV
0
Issue Details
Total Shares Offered
2,400,000 (100%)
Reserved for Market Maker
Up to ₹2 Cr
Net Offer to Public
Up to ₹44 Cr
Pre-Issue Shareholding
7,310,000 shares
Post-Issue Shareholding
9,110,000 shares
UPI Mandate
30 Jan 2024
IPO Analytics Dashboard
LIVE
DelaPlex IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Good
DelaPlex IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
DelaPlex IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 1,138,200 (47%) —
💼 NII / HNI — 342,000 (14%) —
👤 Retail (RII) — 797,400 (33%) —
📊 Market Maker — 122,400 (5%) —
Σ Total — 2,400,000 (100%) —

* Amount calculated at upper price band (₹192) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 1,138,200 (47%)
47%
💼
NII / HNI ? 342,000 (14%)
14%
👤
Retail (RII) ? 797,400 (33%)
33%
📊
Market Maker ? 122,400 (5%)
5%
Total Shares Offered 2,400,000 (100%)
DelaPlex IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 600
Min. Investment ₹115,200
💼 HNI Investors ?
Min. Lots 2
Min. Shares 1,200
Min. Investment ₹230,400
DelaPlex IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 11
Post-Issue EPS ?
₹ 9
Pre-Issue P/E ?
18 x
Post-Issue P/E ?
21 x
DelaPlex IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 31 Jan 2024
  2. 2 📂 Credit of Shares to Demat 01 Feb 2024
Investor Interpretation
  • Retail allocation is good at 33% of the total offering.
  • HNI/NII demand is good at 14%.
  • Institutional (QIB) interest is strong at 47%.
  • The IPO P/E of 21x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹11 compares to post-issue EPS of ₹9 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 192  ·  Symbol: —
H —
L —
O —
DelaPlex IPO Company Info
📍 554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagapur, Maharashtra, 440013
Visit Website
DelaPlex IPO Registrar
Bigshare Services Pvt.Ltd
Check Allotment Status
DelaPlex IPO FAQs
DelaPlex IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of DelaPlex IPO is ₹192 per share. One lot has 600 shares, so the minimum investment is about ₹115,200. It is a Fresh Capital-cum-Offer for Sale issue.
DelaPlex IPO opened on 25 Jan 2024 and closed on 30 Jan 2024. Allotment is tentatively finalised on 31 Jan 2024. Shares are listed on NSE SME on 02 Feb 2024.
Incorporated on February 12, 2004, DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company's shares.
As per the offer document, DelaPlex plans to use the IPO proceeds for: APAC - Advertisement, Sales and Marketing expenses towards enhancing the awareness; Funding Working Capital Requirements of the Company; Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops;; General corporate purposes and unidentified inorganic acquisition;.
The lead manager of DelaPlex IPO is Shreni Shares Ltd.
DelaPlex IPO is proposed to list on NSE SME; it is a Mainboard and the issue is a Fresh Capital-cum-Offer for Sale.
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