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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.

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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.

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