Delaplex Ltd IPO
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Delaplex Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 24 L | ₹ 6 L | ₹ 7.97 L | ₹ 73.1 L | NSE | ₹ 46.08 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Jan, 24 | 30 Jan, 24 | 600 | ₹ 1,11,600 | Book Building - SME | 02 Feb, 24 |
Delaplex Ltd IPO Dates
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* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 1138200 | 0 |
| NII | 335.59x | 342000 | 114770400 |
| Retail | 159.91x | 797400 | 127510200 |
| Employee | 0x | 0 | 0 |
| Total | 118.2x | 2400000 | 283682400 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 12.09 | 11.48 | 8.62 |
| EBITDA | 12.44 | 11.96 | 9.23 |
| PAT | 10.08 | 8.23 | 6.12 |
| Total Assets | 36.54 | 24.19 | 16.76 |
| Share Capital | 9.11 | 0.01 | 0.01 |
| Total Borrowings | 3.38 | 0.25 | 0.86 |
| Operating Activities (Net Cash) | 10.43 | 8.71 | 6.73 |
| Investing Activities (Net Cash) | 28.80 | 0.60 | 0.00 |
| Financing Activities (Net Cash) | 3.38 | 0.25 | 0.86 |
| Net Cashflow | 11.44 | 4.27 | 3.54 |
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.