Deem Roll Tech’s Stellar Market Entry: Shares Leap 55% to ₹200 on NSE SME!

Deem Roll Tech Ltd's shares soar in NSE SME debut, opening at ₹200 - a 55% surge from the ₹129 issue price, marking a remarkable entry into the market.
Deem Roll Tech Stock Lists at 55 Percent Premium

Deem Roll Tech Ltd marked a remarkable debut on NSE SME, opening at ₹200 per share, up 55% from the issue price of ₹129. The IPO’s strong initial performance, set at ₹129 per share, featured a minimum lot size of 1,000 shares, providing investors the option to increase their stake in multiples of this base quantity.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Deem Roll Tech, a leader in India’s steel rolls market with 20 years of experience, specializes in high-quality, customized roll solutions for rolling mills worldwide. Operating three advanced manufacturing units in Gujarat and West Bengal, the company produces a variety of rolls like S.G Iron and Alloy Steel, all ISO 9001:2015 certified and rigorously tested, ensuring top-notch quality and performance for diverse applications.

Deem Roll Tech’s IPO aims to expand its Manufacturing Unit 2 in Mehsana, Gujarat with INR 22.4618 crores, fund working capital for growth, and allocate remaining funds for general corporate purposes like strategic initiatives, acquisitions, R&D, and operational expenses.

Read More News




Trade Intraday and Futures & Options