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De Neers Tools Limited IPO

De Neers Tools Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 190.00 (+88.12%)

The Initial Public Offering of De Neers Tools Limited's culminated in its successful listing on 11-05-2023 at the NSE trading platform. The company secured 22,76,400 Shares through this capital market exercise, with 22,76,400 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹95 to ₹101, with minimum investment requirements of 1200 shares. The subscription period from 28-04-2023 to 03-05-2023 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 08-05-2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

De Neers IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
De Neers IPO Key Performance Indicator
Company Financials ( In Lakhs )

De Neers IPO About Company

Incorporated in 1952, De Neers Tools Limited is a supplier of industrial and safety tools under the brand name "De Neers." The company offers a wide range of products, including spanners, wrenches, pliers, cutters, allen keys, hammers, socketry, screwdrivers, tool kits, tool cabinets, and trolleys, as well as specialized tools like non-sparking, insulated, stainless steel, magnetic, and titanium tools. With approximately 250 dealers across India, De Neers serves clients such as Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Polycab Cables, and Indian Railways, leveraging its experienced management team, strong distribution system, product quality, and reliable supply chain.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


De Neers IPO Strength Factors

NA


De Neers IPO Risk Factors

NA


De Neers IPO Lead Manager(s)

  • Khambatta Securities Limited
  • Share India Capital Services Private Limited

De Neers IPO Promoter(s)

  1. Mr. Neeraj Kumar Aggarwal
  2. Mrs. Shilpy Aggarwal
  3. Mr. Kanav Gupta

De Neers IPO Company Details

De Neers Tools Limited
Phone:
address:

De Neers IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

De Neers IPO FAQs