Delaplex Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

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.

Delaplex Ltd IPO Details

Total Shares Offered

₹ 24,00,000

Offer to Public

6,00,000

Retail Max (Shares)

₹ 7,97,400

Pre Issue Promoters Holding

₹ 73,09,996

Exchange

NSE

Issue size

₹ 46.08 Cr

IPO Open Date

Jan 25, 2024

Close Date

Jan 30, 2024

Lot Size

600

Min Investment

₹ 1,11,600

Issue Type

Book Building - SME

Listing Date

Feb 2, 2024

Delaplex Ltd IPO Dates

Jan 25, 2024

Opening date

Jan 30, 2024

Closing date

Jan 31, 2024

Basis of Allotment

Jan 31, 2024

Initiation of Refunds

Feb 1, 2024

Credit of Shares

Feb 2, 2024

Listing date

Details

Sector	Type
Sector	Computers - Software - Medium
Sub Sector	Small
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	1138200
NII	0x	342000
Retail	0x	797400
Employee	0x	0
Total	0x	2400000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1138200

342000

797400

2400000

Delaplex Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	67.54	12.09	11.48
EBITDA	14.48	12.44	11.96
PAT	10.34	10.08	8.23
Total Assets	33.90	36.54	24.19
Share Capital	9.11	9.11	0.01
Total Borrowings	4.40	3.38	0.25
Operating Activities (Net Cash)	10.66	10.43	8.71
Investing Activities (Net Cash)	27.61	28.80	0.60
Financing Activities (Net Cash)	4.40	3.38	0.25
Net Cashflow	2.94	11.44	4.27

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.

Peer Comparison:

Ksolves India Ltd
Micropro Software Solutions Ltd
Sigma Solve Ltd

Delaplex Ltd 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.

How To Apply for Delaplex Ltd IPO Online?

Step 1:

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Delaplex Ltd IPO?

Delaplex Ltd's IPO offers shares for up to 34.56 It begins on Jan 25, 2024 and ends on Jan 30, 2024.

What is the price of the Delaplex Ltd IPO?

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

What are the open and close dates for the Delaplex Ltd IPO?

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

When will the Delaplex Ltd IPO be allotted?

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.

What is the minimum lot size required for Delaplex Ltd IPO?

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

What is the GMP of Delaplex Ltd IPO?

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

How do you check the allotment status of Delaplex Ltd IPO?

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.'

Where is the Delaplex Ltd IPO getting listed?

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.

How do you apply for the Delaplex Ltd IPO?

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.