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De Neers Tools Limited IPO Date, Price, Review and Details

 

De Neers Tools Limited IPO

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De Neers Tools Limited IPO

This Company supplied industrial tools. De Neers Tools Limited was incorporated in 1952. The Company’s brand name is “De Neers”. This Brand “De Neers” is based on the determination to provide the best quality available in India. Their Products are hammers, pliers, Allen keys, cutters, cabinets, trolleys, etc. They also specialized in providing safety tools like non-sparkling tools, stainless steel & magnetic tools. Their Quality team regularly check raw material and finished goods for their physical quality.

Company Promoters:

  • Mr. Neeraj Kumar Aggarwal
  • Mrs. Shilpy Aggarwal
  • Mr. Kanav Gupta

Objects of this Issue: 

  • To meet the working capital requirements of the Company
  • General Corporate Purpose
  • To meet the Issue of Expenses

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 Mar 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

9933.52

6111.28

5582.07

Total Liabilities

7,551.25

5,790.86

4,866.2

Net Profit

504.42

65.77

43.94

De Neers Tools Limited IPO Schedule 
1. Bid or Offer Opens on: 28 April 2023
2. Bid or Offer Closes on: 03 May 2023
3. Finalization of BoA: 08 May 2023
4. Initiation of Refunds: 09 May 2023
5. Credit of shares to Demat account: 10 May 2023
6. Listing Date: 11 May 2023

De Neers Tools Limited IPO Lot Size

The market lot size of the De Neers Tools Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹121,200

Maximum

1

  1200

₹121,200

S-HNI(Minimum)

2

  2,400

₹242,400

Company Contact Details:
P.No. 468, Ground Floor,
Industrial Area, Patparganj,
Delhi – 110 092, India.
Phone: 011 47072555
Email:  compliance@den eerstools.com
Website:  https://deneerstools.com/

De Neers Tools Limited IPO Registrar Details:
Bigshare Services Pvt Ltd
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra, India
Telephone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website:  https://www.bigshareonline.com/


Frequently Asked Question

De Neers Tools Limited IPO shares will get listed on May 11, 2023.
If you do not get the allotment of De Neers Tools Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholding of the De Neers Tools Limited IPO promoter is 91.14%.
Opening date of De Neers Tools Limited IPO is April 28, 2023.
Lot size of the De Neers Tools Limited IPO is 1200 shares.
If allotted, you will receive De Neers Tools Limited IPO shares in your Demat account on May 10, 2023.
De Neers Tools Limited IPO share price ₹95 to ₹101 per share.
Face value of De Neers Tools Limited IPO is ₹10 per share.
De Neers Tools Limited IPO Shares will get listed at NSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Closing date of De Neers Tools Limited IPO is May 03, 2023.
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