Delaplex Ltd IPO

delaPlex Limited is a technology and software development solution and consulting provider, helping client companies to drive growth, revenue and marketplace value. The Company has developed expertise and partnerships with industry leaders that provide the latest in 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.

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50years

Delaplex Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 24 L₹ 6 L₹ 7.97 L₹ 73.1 LNSE₹ 46.08 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
25 Jan, 2430 Jan, 24600 ₹ 1,11,600 Book Building - SME02 Feb, 24

Delaplex Ltd IPO Dates

  • 25 Jan 2024

    Opening date

  • 30 Jan 2024

    Closing date

  • 31 Jan 2024

    Basis of
    Allotment

  • 31 Jan 2024

    Initiation of
    Refunds

  • 01 Feb 2024

    Credit of
    Shares

  • 02 Feb 2024

    Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x11382000
NII335.59x342000114770400
Retail159.91x797400127510200
Employee0x00
Total118.2x2400000283682400

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Delaplex Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations12.0911.488.62
EBITDA12.4411.969.23
PAT10.088.236.12
Total Assets36.5424.1916.76
Share Capital9.110.010.01
Total Borrowings3.380.250.86
Operating Activities (Net Cash)10.438.716.73
Investing Activities (Net Cash)28.800.600.00
Financing Activities (Net Cash)3.380.250.86
Net Cashflow11.444.273.54

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Delaplex Ltd

DelaPlex Limited was originally incorporated under the name Quality Management Concepts Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 12, 2004 issued by the Assistant Registrar of Companies Mumbai, Maharashtra. Subsequently the name of the company was changed to `Q M Computech Private Limited' vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on October 05, 2012 and a Fresh Certificate of Incorporation pursuant to change of name was issued by Registrar of Companies, Maharashtra, Mumbai dated October 17, 2012. Subsequently the name of the company was changed to `delaPlex Private Limited' vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on January 18, 2019 and a Fresh Certificate of Incorporation pursuant to change of name was issued by Registrar of Companies, Maharashtra, Mumbai dated January 24, 2019. Subsequently, the status of the Company was changed to public limited and the name of the Company was changed to DelaPlex Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the Company held on October 30, 2023. The fresh certificate of incorporation consequent to conversion was issued on November 17, 2023, by the Registrar of Companies, Maharashtra, Mumbai. The Corporate Identification Number of the Company is U72900MH2004PLC144498.

Information technology (IT) industries are dealing with the application of computers, computer peripherals, and telecommunications equipment to store, retrieve, transmit and move data. It contains broadcasting, computer networking, systems design services, and information distribution technologies like television and telephones. Information Technology Market was valued at US$ 519.61 Bn in 2022 and is expected to reach US$ 1358.79 Bn by 2029, at a CAGR of 14.72% during the forecast period.

delaPlex Limited is a technology and software development solution and consulting provider, helping client companies to drive growth, revenue and marketplace value. The Company has developed expertise and partnerships with industry leaders that provide the latest in 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.

Peer Comparison:

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

Delaplex Ltd IPO Key Points

Strengths

  • Software product and solutions for supply chain management.
  • Tailored Tech Solutions.
  • Clients in international market.
  • Wide Service Portfolio.
  • Experience of its Promoters and senior management team.

Risk

  • The company is dependent on few of its customers for its revenues, mainly its body corporate promoter and one of the company's Group Company. Further the company does not have any long-term commitments from customers and any failure to continue its existing arrangements could adversely affect the company's business and results of operations.
  • Its revenue structure is currently reliant on a select group of customers, particularly its body corporate promoter and a Group Company. While the company has established firm long-term commitments with its holding body corporate customer, other customers does not have similar long-term commitments. The continuation of its existing arrangements is crucial, and any failure in this regard could potentially impact its business and operational outcomes.
  • Its revenues from operations are highly dependent on customers located in the United States. Worsening economic conditions or factors that negatively affect the economic conditions of the United States could materially adversely affect its business, financial condition and results of operations.

Strategy

  • Strategic Acquisition and Alliances.
  • Expansion of its existing service portfolio.
  • Continue to Focus on Providing Customer Centric Services and Offerings.
  • Continue to maintain good relationships with its customers.
  • Brand Image.
  • Software product and solutions for supply chain management.
  • Tailored Tech Solutions.
  • Clients in international market.
  • Wide Service Portfolio.
  • Experience of its Promoters and senior management team.

How To Apply for Delaplex Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Delaplex Ltd's IPO offers shares for up to ₹ 0 L It begins on Jan 25, 2024 and ends on Jan 30, 2024.

The price of Delaplex Ltd IPO ranges between ₹186 to ₹192 per share.

The Delaplex Ltd IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.

The allotment for the Delaplex Ltd IPO will be finalised on Jan 31, 2024. The shares will be listed on BSE and NSE on Feb 2, 2024.

The minimum lot size for Delaplex Ltd IPO is 600 shares, priced between ₹186 to ₹192 per share.

The GMP (Grey Market Premium) of Delaplex Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Delaplex Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Delaplex Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 25, 2024, and closes on Jan 30, 2024. The allotment is finalised on Jan 31, 2024.

To apply for the Delaplex Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.