DelaPlex IPO Date, Price, Allotment Date

DelaPlex IPO(Initial Public Offering) will start on January 24, 2024 and end January 29 2024; DelaPlex intends to raise Rs 46.08 crores from this public offering; price bands range between Rs186 to Rs192 per share with an expected market lot size of 600 shares being issued during each offering round.

DelaPlex IPO Date Price Allotment Date

About DelaPlex

DelaPlex is a leading technology solutions provider that provide specializing in software development, product engineering and digital transformation services .Through the delivery of innovative solutions that create value in various ways DelaPlex has built up an impeccable reputation as an innovator with strong commitment to excellence and expertise in its industry.

DelaPlex Products and Services Offered

DelaPlex offers a different range of products and services which include:

  • Custom software development
  • Mobile application development
  • Cloud computing and infrastructure services
  • Product engineering and testing
  • IT consulting and support

DelaPlex Financials

  • An income statement would show revenue, expenses and net income over various timeframes (i.e. quarterly and annually).
  • Balance Sheet: This document would detail all assets, liabilities and net worth at one particular point in time.
  • Cash flow statement: A cash flow statement provides an accurate depiction of cash inflow and outflow during a set period of time for any given business.
  • Recent news or events: I can provide any news that might impact DelaPlex’s financial position.

DelaPlex Strengths

DelaPlex has several key strengths other than their compactor:

  • Commitment to quality: DelaPlex is known for its dedication to deliver its high-quality solutions that meet the specific requirements of its clients.
  • Agile approach: DelaPlex embraces an agile methodology, allowing for flexibility and adaptability in its development processes.
  • Global presence: Because they have offices all around the world like United States, Europe, and Asia, DelaPlex has a global reach that empower them to provide services to their clients all around the world.

DelaPlex Challenges

While DelaPlex has achieved significant success, it also faces certain challenges:

  • Competiton: DelaPlex must strive to remain ahead in an increasingly competitve technology solutions marketplace by continuously innovating and differentiating itself from rival providers.
  • Market Volatility: Economic fluctuations and shifting market conditions can impact demand for DelaPlex technology solutions, creating challenges to ushering them through.
  • Talent Acquisition: Acquiring top talent in the technology sector can be challenging given their high demand.

DelaPlex Pros and Cons

ProsCons
Strong track record of delivering successful projectsIntense competition in the technology solutions market
Wide range of products and services to meet diverse client needsVulnerability to economic fluctuations and market conditions
Global presence and ability to serve clients worldwideChallenges in talent acquisition and retention
Commitment to quality and customer satisfaction

Utilization of Proceeds:

  • 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 Dates:

IPO Open:January 24, 2024
IPO Close:January 29, 2024
IPO Size:Approx ₹46.08 Crores, 2,400,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹186 to ₹192 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here

DelaPlex IPO Market Lot size:

ApplicationLot SizeSharesAmount
Retail Minimum1600₹115,200
Retail Maximum1600₹115,200
S-HNI Minimum21,200₹130,400

DelaPlex IPO Dates:

IPO Open Date:January 24, 2024
IPO Close Date:January 29, 2024
Basis of Allotment:January 30, 2024
Refunds:January 31, 2024
Credit to Demat Account:January 31, 2024
IPO Listing Date:February 1, 2024

DelaPlex Financial Report of 2021,2022 and 2023:

YearRevenueExpensePAT
2021₹36.33₹31.18₹4.04
2022₹50.34₹42.32₹6.12
2023₹55.22₹44.61₹7.91
2023 6M₹28.14₹22.38₹4.26

PAT:-profit after tax.

Peer Group

  • Ksolves India Limited
  • Micropro Software Solutions Limited
  • Sigma Solve Limited

Company Promoters

  • Mr. Nitin Sachdeva
  • Mr. Manish Iqbalchand Sachdeva
  • Mr. Mark T. River
  • Ms. Preeti Sachdeva
  • M/s delaPlex INC

DelaPlex IPO Registrar

CategoryDetails
Company NameBigshare Services Pvt Ltd
Phone+91-22-6263 8200
Email[email protected]
Websitehttps://ipo.bigshareonline.com/ipo_status.html

Company Details:

CategoryDetails
Company NameDelaPlex Limited
Address554/31, Utkarsh Nagar, Near K.T Nagar, Katol Road, Nagpur – 440013
Phone+91 9766660249
Email[email protected]
Websitehttps://delaplex.in/

Frequently Asked Question FAQs:

When DelaPlex IPO will open?

IPO will open for QIB, NII and retail investors on January 24th 2024.

What is DelaPlex IPO Investors Portion?

QIB investors own 50%, NII 15%, and Retail 35% of each unit sold.

What is DelaPlex IPO Size?

DelaPlex’s initial public offering (IPO) size stands at Rs46.08 crores.

What is DelaPlex IPO Price Band?

DelaPlex IPO Price Band ranges between Rs186 to 192 per equity share.

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