Rosmerta Digital Services Limited is coming up with an IPO with a fresh issue of 1,40,36,000 shares worth INR 206.33 crores. The company aims to fund capital expenditure, working capital, IT, acquisitions, and strategic growth initiatives.
Rosmerta Digital Services IPO – Important Dates
Rosmetra Digital Services Limited IPO Date | Yet to be announced |
Rosmetra Digital Services Limited IPO Listing Date | Yet to be announced |
Rosmetra Digital Services Limited IPO Price | INR 140 – 147 per share |
Rosmetra Digital Services Limited IPO Lot Size | 1000 Shares |
Rosmetra Digital Services Limited IPO Total Issue Size | INR 206.33 crores |
Rosmetra Digital Services Limited IPO Basis of Allotment | Yet to be announced |
Rosmetra Digital Services Limited IPO Initiation of Refunds | Yet to be announced |
Rosmetra Digital Services Limited IPO Credit of Shares to Demat | Yet to be announced |
Rosmetra Digital Services Limited IPO Issue Type | Yet to be announced |
Rosmetra Digital Services Limited IPO Listing At | BSE SME |
Read more about Rosmerta Digital Services Limited IPO GMP
Rosmerta Digital Services Limited IPO – Company Profile
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies, provides digital services and channel sales for automotive components and accessories. Initially focused on vehicle registration for OEMs, it now offers garage services, last-mile delivery, and more.
The company uses advanced technology to offer vehicle registration, last-mile delivery, garage services, and automotive component sales. Its URJA and MyRaasta platforms optimize workflows, enhancing efficiency, service quality, and customer satisfaction.
The company revolutionizes the automotive industry with digitally enabled vehicle registration, last-mile delivery, garage services, and automotive component sales, enhancing efficiency, convenience, and compliance for OEMs and vehicle owners.
Rosmerta Digital Services Ltd IPO Fundamental Analysis
Rosmetra Digital Services Limited’s financial analysis reveals a mixed performance. Revenue has shown substantial growth, driven by improved profitability, stronger equity, enhanced EPS, higher RoNW, increased liquidity, and efficient inventory turnover despite rising debt.
- Revenue Trend: The revenue increased from ₹20,270 lakhs in March 2022 to ₹297,891 lakhs in March 2023. The revenue for the current year’s 6-month period ending September 2024 is INR 9,22,423 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating rising reliance on debt financing.
- Profitability: The profit after tax (PAT) has significantly increased from -₹301 lakhs in March 2022 to ₹148,372 lakhs by September 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹(0.00) in March 2022 to ₹4.01 by September 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 0.00% to 20.72%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
- Inventory Turnover Ratio: There’s a significant increase in the Inventory Turnover Ratio, which might suggest faster sales or efficient inventory management.
Check out the other upcoming IPOs this month:
Upcoming IPO | IPO Going Live |
Avanse Financial Services Limited IPO | N/A |
Nisus Finance Services Co Limited IPO | N/A |
NTPC Green Energy Limited IPO | Nov 19, 2024 |
Lamosaic India Limited IPO | Nov 21, 2024 |
Enviro Infra Engineers Limited IPO | Nov 22, 2024 |
C2C Advanced Systems Limited IPO | Nov 22, 2024 |
Rajesh Power Services Limited IPO | Nov 25, 2024 |
Rosmerta Digital Services IPO Financial Analysis
Particular | As of 31 March 2022 | As of 31 March 2023 | As of 30 September 2024 |
Revenue (₹ in lakhs) | 20,270 | 297,891 | 9,22,423 |
Equity (₹ in lakhs) | (201) | 15,916 | 7,09,934 |
Expenses (₹ in lakhs) | 20,350 | 275,553 | 7,26,949 |
Profit and Loss After Tax (₹ in lakhs) | (301) | 16,187 | 148,372 |
Diluted EPS only (₹) | (0.00) | 0.46 | 4.01 |
Return on Net Worth (%) | 0.00 | 101.70 | 20.72 |
NAV per Equity Share (₹) | (4.02) | 318.32 | 18.18 |
Total Assets (in lakhs) | 55,714 | 193,243 | 10,01,307 |
Total Liabilities (in lakhs) | 55,915 | 177,327 | 2,91,373 |
Debt Equity Ratio | 0.00 | 8.28 | 0.00 |
Current Ratio (in times) | 0.92 | 1.08 | 3.47 |
Inventory Turnover Ratio | 0.93 | 15.28 | 63.49 |
Rosmerta Digital Services Limited IPO Peer Comparison
Rosmerta Digital Services Limited shows strong revenue growth, improved EPS, high RoNW, and effective asset utilization. In contrast, BLS E-services Limited reports stable revenue, high equity, lower EPS, moderate RoNW, and impressive efficiency ratios for investor appeal.
Company | Revenue (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoNW (%) | NAV (Rs. Per share) |
Rosmerta Digital Services Limited | 9,22,423 | 2 | – | 4.19 | 20.90 | 20.21 |
BLS E-services Limited | 3,96,674 | 10 | 217.53 | 1.03 | 1.85 | 43.19 |
Rosmerta Digital Services Ltd IPO Objective
The main objective of Rosmerta Digital Services Limited is to fund capital expenditures for office space in Mumbai, establish warehouses, workshops, and experience centres, develop IT infrastructure, meet working capital needs, and pursue acquisitions.
- Funding the capital expenditure for the purchase of office space in Mumbai: The company intends to utilize INR 19.86 crores to acquire commercial property in Mumbai, creating an asset, reducing lease expenses, minimizing rental risks, and leveraging Mumbai’s strategic location to enhance growth and customer engagement.
- Funding the capital expenditure for setting up warehouses, model workshops and experience centers in various parts of India: The company plans to utilize INR 29.15 crores to establish new warehouses in NCR, Panchkula, Chennai, and Mumbai, enhancing operational efficiency, customer satisfaction, and inventory management for digitally enabled automotive component sales.
- Funding the capital expenditure for setting up IT infrastructure: The company aims to invest INR 13.85 crores in enhancing technology and data software capabilities, focusing on system improvements and new applications to optimize operations, streamline processes, and ensure seamless data integration for growth.
- Funding the Working Capital Requirement of the company: The company will utilize INR 75 crores from the issue’s net proceeds for working capital needs, supplementing the remainder through borrowings, aiming to effectively support the expansion of its business activities.
- Funding expenditure for inorganic growth through acquisitions and other strategic initiatives and General Corporate Purposes: The company will deploy the balance of funds for general corporate purposes, including initial development costs for various projects, enhancing business development and marketing capabilities, and addressing unforeseen exigencies or other purposes that may arise in its ordinary operations.
Rosmerta Digital Services IPO Risks And Challenges
Rosmerta Digital Services Limited’s risk includes dependence on Karnataka and Maharashtra for revenue, reliance on a single major customer, and potential challenges in executing its growth strategy, which could impact financial health and operations.
- The company has seen significant revenue growth since its inception, but future success hinges on effectively executing its business strategy. Any delays or budget issues could negatively impact its financial health and operational results.
- The company’s revenue heavily relies on Karnataka and Maharashtra, exposing it to regional risks. Although diversification efforts are underway, adverse local conditions or regulatory changes could significantly impact financial performance.
- The company’s reliance on a single major customer poses risks; any loss or reduced demand from this customer could negatively impact its business, financial condition, operational results, and growth prospects.
Rosmerta Digital Services Ltd IPO – Industry & Market Potential
The health sector saw significant growth in digital adoption driven by COVID-19. The digital health market is projected to grow at a 29.6% CAGR from 2019 to 2025, reaching over USD 500 billion by 2025.
The global auto parts market, valued at USD 662.5 billion in 2022, is expected to reach USD 1119.2 billion by 2032, driven by strict emissions regulations and demand from emerging markets like China, India, and Brazil.
India’s auto components industry, valued at ₹2.9 lakh crore in H1 2023-24, is growing due to domestic and export demand. ACMA projects exports reaching $30 billion and industry revenue hitting $200 billion by 2026.
Rosmerta Digital Services Limited IPO – Type of Offer
Rosmerta Digital Services Limited is coming up with an IPO with a fresh issue of 1,40,36,000 shares worth INR 206.33 crores. The company aims to fund capital expenditure, working capital, IT, acquisitions, and strategic growth initiatives.
Rosmerta Digital Services IPO Offer Size
The offer size of Rosmerta Digital Services Limited is INR 206.33 crores, consisting of a fresh issue of 1,40,36,000 shares worth INR 206.33 crores. The company aims to fund capital expenditure, working capital, IT, acquisitions, and strategic growth initiatives.
Rosmerta Digital Services Limited IPO Allotment Structure
Rosmetra Digital Services Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 703,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 703,000 shares, are reserved for market makers.
How to apply for Rosmerta Digital Services IPO?
To apply for the Rosmetra Digital Services Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Rosmetra Digital Services Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Rosmetra Digital Services Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Rosmerta Digital Services IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Rosmetra Digital Services Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Rosmetra Digital Services Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Rosmetra Digital Services Limited IPO:
● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the Rosmetra Digital Services Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Rosmetra Digital Services Ltd IPO Offer Registrar
The registrar for the Rosmetra Digital Services Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
LINK INTIME INDIA PRIVATE LIMITED
C- 101, 1st Floor, 247 Park, L.B.S Marg,
Vikhroli (West), Mumbai – 400083,
Maharashtra, India
Telephone: +91 810 811 4949,
Email:[email protected]
Website: www.linkintime.co.in
Rosmerta Digital Services IPO – FAQs
The allotment date of Rosmerta Digital Services Limited is yet to be announced.
The price band of the issue is INR 140 – 147 per share.
The offer size of Rosmerta Digital Services Limited is INR 206.33 crores, consisting of a fresh issue of 1,40,36,000 shares worth INR 206.33 crores. The company aims to fund capital expenditure, working capital, IT, acquisitions, and strategic growth initiatives.
The listing date of Rosmerta Digital Services is yet to be announced.
Rosmerta Digital Services is getting listed on the Bombay Stock Exchange (BSE) and Small Medium Exchange (SME).
The open and close dates of Rosmerta Digital Services Limited are yet to be announced.
To apply for the Lamosaic India Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Lamosaic India Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Lamosaic India Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
The Book Runners for Rosmerta Digital Services are NARNOLIA FINANCIAL SERVICES LIMITED and BEELINE CAPITAL ADVISORS PRIVATE LIMITED.