February 2, 2024
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DelaPlex IPO Watch, Guidance & Subscription Status at Chanakyanipothi.com,
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DelaPlex IPO Post Listing Review :
Listed at Rs. 309, at premium of 60.94% over the issue price of Rs. 192. The listing has been at par with the expectations of the grey market.
What is the last GMP of DelaPlex IPO?*
Premium: Rs. 140 
Subject to Rs. 63800
DelaPlex IPO Subscription
On 30 January 2024 5.00 pm (Day 3) (Closed)
Review: Strong response seen on the last day
QIB: 1138800 Shares 90.91 T
NII: 341640 Shares 335.20 T
RII: 797160 Shares 159.89 T
Total: 2277600 Shares 177.79 T
What is the business of DelaPlex?
DelaPlex Limited is a technology and software development solution and consulting provider, helping client companies to achieve in deriving growth, revenue and marketplace value. The Company has developed expertise and partnerships with various industry players that provide the latest technology, tools, and software development solutions. The Company is a global technology partner in Supply Chain Consulting, Custom Software Development, Cloud Services, and Data Science.
The Company, offers various tech solutions encompassing software-defined data centers, integrated infrastructure, cloud technologies, DevOps, security solutions, data analytics, and artificial intelligence. Built for our channel partners and end users i, we create next-gen solutions to address IT problems.
delaPlex Limited (dpl) is a subsidiary of delaPlex INC., a U.S.- based enterprise, where delaPlex INC. holds 51% of the company’s shares.
Its CORE FOCUS:
• Supply Chain Transformation
• Consultation and Software Solutions
• Global Client Base
Get more information about the company @ https://delaplex.in/
| DelaPlex IPO Details | |
| IPO opens on | 25 January 2024 |
| IPO closes on | 30 January 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2400000 Sh /Rs 46.08 Cr |
| * Fresh Issue | 1800000 Sh /Rs 34.56 Cr |
| * Offer for Sale | 600000 Sh /Rs 11.52 Cr |
| Market Maker Portion | 122400 Sh. |
| Net offer to Public | 2277600 Sh./Rs.43.73 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 186-192 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 600 Shares |
| Listing will at | NSE SME |
| Shares offered in DelaPlex IPO | ||
| Shares | Rs. (Cr) | |
| QIB (50.00%) | 1138800 | 21.86 |
| NII (15.00%) | 341640 | 6.56 |
| RII (35.00%) | 797160 | 15.31 |
| Total Shares | 2277600 | 43.73 |
| Retail portion will be oversubscribed by | 1329 | |
| Forms | ||
| How much Shares to Apply in DelaPlex IPO? | ||
| Min Retail Application | 600 Sh | Rs. 115200 |
| Min HNI Application | 1200 Sh | Rs.230400 |
Who are the Promoters of DelaPlex IPO?
The Promoters of the Company are Mr. Nitin Sachdeva, Mr. Manish Iqbalchand Sachdeva, Mr. Mark T. River, Ms. Preeti Sachdeva and M/s delaPlex INC.
What are the Objects of DelaPlex IPO?
The Offer comprises of a Fresh Issue Shares & offer for Sale
The company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
APAC – Advertisement, Sales and Marketing expenses towards enhancing the awareness
Funding Working Capital Requirements of the Company
Funding of capital expenditure requirements of the Company towards the purchase of Office Laptops;
General corporate purposes and unidentified inorganic acquisition.
| DelaPlex IPO Tentative timetable | |
| IPO opens on | 25 January 2023 |
| IPO Closes on | 30 January 2024 |
| IPO Allotment on | 31 January 2024 |
| Refund Initiation | 31 January 2024 |
| Credit of Shares | 01 February 2024 |
| Listing on | 02 February 2024 |
| Registered Office of the Company DelaPlex Limited 554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013, |
| Who is the Lead Manager of DelaPlex IPO? Shreni Shares Limited |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
| DelaPlex IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 36.33 | 4.04 | 5.53 | 42.64 |
| 2021-22 | 50.34 | 6.12 | 8.37 | 39.24 |
| 2022-23 | 55.22 | 7.91 | 10.82 | 33.65 |
| Book Value of the Share on | 31.03.2023 | Rs 32.15 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 192 | |||
| DelaPlex IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 17.75 |
| Price/BV Ratio | 5.97 |
| Upper price/BV after IPO | |
How DelaPlex IPO compares with the Peers?
| As on date of RHP | FV | Total | PE |
| Rs. | Income In Cr | Ratio of | |
| Delaplex | 10 | – 17.75 | |
| K.Solves | 10 | – | 65.06 |
| Micropro Solutions | 10 | – | 10.29 |
| Sigma Solve | 10 | 255.66 | |
| – | – | – | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Delaplex IPO To the point Guidance
Delaplex is a global technology partner in Supply Chain Consulting, Custom Software Development, Cloud Services, and Data Science.
Size: Being a SME IPO, the size of the IPO (Rs 46.08 Cr) is relatively large, as per the recent trend. With 1329 applications, retail portion will get one time subscribed. So, considering, the hunger of the investors, IPO may get oversubscribed easily.
Financial Snapshot: The company has shown strong topline and bottomline. The valuation is very reasonabl.
Conclusion?? Track-record of the lead manager is good. One must apply this IPO.
DelaPlex IPO GMP Detail IPO GMP today?
DelaPlex IPO
DelaPlex IPO FAQs
What is DelaPlex IPO?
DelaPlex IPO is a SME IPO of 2400000 equity shares of the face value of Rs. 10 aggregating up to Rs.46.08 Crores. The issue is priced at Rs.186-192 per share. The minimum order quantity is 600 Shares.
When DelaPlex IPO will open?
DelaPlex IPO opens on January 25, 2024, and closes on January 30, 2024.
What is the lot size of DelaPlex IPO?
DelaPlex IPO lot size is 600 Shares, and the minimum amount required is Rs.115200.
How to apply for DelaPlex IPO?
You can apply in DelaPlex IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is DelaPlex IPO allotment?
The finalization of Basis of Allotment for DelaPlex IPO will be done on January 31, 2024, and the allotted shares will be credited to your demat account by February 1, 2024.
When is DelaPlex IPO listing date?
DelaPlex IPO listing date is not yet announced. The tentative date of DelaPlex IPO listing is February 2, 2024.
What will be listing price of delaplex