De Neers Tools Limited has been a manufacturer and supplier of hand tools since 1951. The company offers products such as wrenches, spanners, pliers, cutters, allen keys, hammers, socket wrenches, screwdrivers, tool kits, tool cabinets, trolleys, etc. De Neers Some of Tools’ customer names include Tata Steel, Indian Oil, Larsen & Toubro, Assam Petrochemicals, Lohia Corporation, Polycab Cables, Indian Railways and more.
They sell 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 reputable hand tool suppliers offering the widest range of hand tools in India. Their extensive product range includes wrenches, wrenches, pliers, cutters, allen keys, hammers, sockets, screwdrivers, tool kits, tool cabinets, trolleys, etc. We are also specialized in providing safety tools such as non-sparking tools, insulated steel tools, non-sparking insulated tools, antimagnetic stainless steel tools and titanium tools with our range of hand tools.
Objects of the output:
- To meet the company’s working capital needs.
- For general corporate purposes and to cover issuance costs.
| Date | GMP | Kostak | Subject to |
| 20th of April | €- | €- | €- |
| IPO open: | April 2023 |
| Close IPO: | April 2023 |
| IPO size: | Approx €[.] crores, 2,276,800 shares |
| face value: | €10 Per equity share |
| IPO price range: | €[.] Per equity share |
| Stock exchange listing on: | NSE SME |
| Retail Quota: | 35% of net supply |
| QIB rate: | 50% of net supply |
| NII rate: | 15% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
| Anchor investors in the IPO: | Click here |
The minimum IPO market lot of De Neers Tools is [.] Shares with a ₹[.] application amount.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | [.] | €[.] |
| retail maximum | 1 | [.] | €[.] |
| S-HNI minimum | 2 | [.] | €[.] |
De Neers Tools’ IPO date is April 2023 and the IPO closing date is April 2023. The IPO grant date is April 2023 and the IPO could be listed in May 2023.
| IPO opening date: | April 2023 |
| IPO Closing Date: | April 2023 |
| Allocation basis: | May 2023 |
| Refunds: | May 2023 |
| Credit to Demat account: | May 2023 |
| Date of listing: | May 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
How do I apply for the De Neers Tools IPO? You can apply for De Neers Tools IPO through ASBA on your bank account. Just go to the online banking login and apply through your bank account by selecting De Neers Tools IPO in the Invest section. In the other option, you can apply for De Neers Tools IPO via IPO forms downloaded from the NSE website. View De Neers Tools forms – click Download NSE IPO Forms, fill them out and submit them to your bank or broker.
| ₹ in crores | |||
| Year | revenue | Expense | BEAT |
| 2020 | €[.] | €[.] | €[.] |
| 2021 | €[.] | €[.] | €[.] |
| 2022 | €[.] | €[.] | €[.] |
Check De Neers Tools IPO valuation details such as:
| Earnings per share (EPS): | €[.] per common share |
| Price-Earnings-P/E: | THE |
| Return on Net Worth (RoNW): | [.]% |
| Net Asset Value (NAV): | €[.] per common share |
peer group
- Mr. Neeraj Kumar Aggarwal
- Mrs Shilpy Aggarwal
- Mister. Kanav Gupta
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com
Check De Neers Tools IPO allotment status on Bigshare website URL. Click here
- Khabatta Securities Limited
company address
DeNeers Tools Limited
P.No. 468, ground floor,
industrial area, Patparganj,
Delhi-110 092
Telephone: 011 47072555
E-mail: [email protected] eerstools.com
Website: https://deneerstools.com/
Frequently asked questions about the De Neers Tools IPO
What is the De Neers Tools IPO?
De Neers Tools IPO is an NSE SME IPO. You will raise ₹[.] Crores over IPO. The issue costs ₹[.] per common share. The IPO is to be listed on the NSE.
When will the De Neers Tools IPO open?
The IPO is scheduled to open in April 2023 for QIB, NII and retail investors.
What is De Neers Tools’ IPO investor share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How do I apply the De Neers Tools IPO?
You can apply for De Neers Tools IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to apply De Neers Tools IPO via Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “De Neers Tools”. Click on the bid button. Enter your UPI ID, quantity and price. Submit IPO application form. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to apply De Neers Tools IPO via Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “De Neers Tools”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to apply De Neers Tools IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “De Neers Tools”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the De Neers Tools IPO size?
De Neers Tools IPO size is ₹[.] Millions.
What is the De Neers Tools IPO price range?
De Neers Tools IPO price range is ₹[.] per common share.
What is the minimum and maximum lot size for the De Neers Tools IPO?
The IPO bid is [.] Shares with ₹[.].
What is the De Neers Tools IPO grant date?
The grant date for the De Neers Tools IPO is May 2023.
What is the De Neers Tools IPO listing date?
The listing date of De Neers Tools is May 2023. The listing is intended to be listed on the NSE SME. Note: The details of the De Neers Tools IPO will be officially announced. The IPO gray market premium (De Neers Tools IPO Premium) is updated on the respective page. Visit our IPO gray market page for daily updates.)
Follow IPO Watch for upcoming IPO news and reviews, and keep following us on Twitter, Facebook and Instagram. Subscribe to our YouTube channel for our latest videos.
Comments are closed.