31 Mar 2020
Assets55.70
Total Income73.50
Profit After Tax0.44
NET Worth7.04
Reserves and Surplus7.13
Total Borrowing4.85
At a glance
Updated 2026-09-17The shares listed at ₹190.00, a 88.12% move from the issue price. De Neers Tools is a SME IPO with an issue size of ₹22.99 crore, proposed for listing on NSE SME. The offer opens on 28th Apr 2023 and closes on 3rd May 2023. The issue structure includes a fresh issue of ₹21.83 crore. The current listing schedule points to 11th May 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹22.99 Cr
Fresh issue₹21.83 Cr
Face value₹10
Price band₹95.00–₹101.00
Allotment8th May 2023
Listing11th May 2023
Listing performance
Full performance ↗Issue price₹101.00
Listing price₹190.00
Current price—
Listing gain88.12%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹43.00
GMP / upper price42.57%
Est. listing₹144.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Apr 2023
Closes3rd May 2023
Allotment8th May 2023
Refund9th May 2023
Demat10th May 2023
Listing11th May 2023
Subscription demand
Full bidding ↗Total15.84×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹121,200 |
Company
Incorporated1952
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirement including margin money | ₹18.00 Cr |
| General Corporate Purpose | ₹4.49 Cr |
| Issue Expenses | ₹0.50 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue56.03₹ Cr · -30.0% vs prior year
PAT3.87₹ Cr · -23.2% vs prior year
Assets125.58₹ Cr · +26.4% vs prior year
Net Worth30.44₹ Cr · +27.8% vs prior year
Borrowing24.06₹ Cr · -1.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets61.11
Total Income62.12
Profit After Tax0.66
NET Worth3.20
Reserves and Surplus3.17
Total Borrowing11.48
31 Mar 2022
Assets99.34
Total Income80.09
Profit After Tax5.04
NET Worth23.82
Reserves and Surplus6.54
Total Borrowing24.36
31 Oct 2022
Assets125.58
Total Income56.03
Profit After Tax3.87
NET Worth30.44
Reserves and Surplus4.11
Total Borrowing24.06
KPIs
| KPI |
|---|
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS7.97
Promoter holding pre91.14%
Promoter holding post67.03%
Market cap₹86.92 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| De Neers Tools IPO | — | 13.10 x | — | — |
| Shri Kanha IPO | — | 16.47 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Working Capital Requirement including margin money | ₹18.00 Cr |
| General Corporate Purpose | ₹4.49 Cr |
| Issue Expenses | ₹0.50 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Khambatta Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
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