Rosmerta Digital Services Ltd IPO
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Rosmerta Digital Services Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 140.36 L | TBA | TBA | ₹ 350.32 L | BSE | ₹ 206.33 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| TBA | TBA | 1000 | ₹ 1,40,000 | Book Building - SME | TBA |
Rosmerta Digital Services 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 | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 14036000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Rosmerta Digital Services Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 14.29 | 2.39 | -0.01 |
| EBITDA | 14.47 | 2.55 | -0.01 |
| PAT | 10.57 | 1.62 | -0.03 |
| Total Assets | 37.13 | 18.97 | 5.10 |
| Share Capital | 0.01 | 0.01 | 0.01 |
| Total Borrowings | 15.80 | 8.68 | 3.09 |
| Operating Activities (Net Cash) | 10.75 | 1.78 | -0.03 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 15.80 | 8.68 | 3.09 |
| Net Cashflow | 4.40 | 1.63 | 0.04 |
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 Rosmerta Digital Services Ltd
Our Company was incorporated as a private limited company with the name of Rosmerta Digital Service Private Limited under the Companies Act, 2013 vide certificate of incorporation dated September 14, 2021, issued by Registrar of Companies, Delhi, bearing CIN U74999DL2021PTC386542. Further, our company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra- Ordinary General Meeting held on April 30, 2024 & name of our Company changed from Rosmerta Digital Services Private Limited to Rosmerta Digital Services Limited & Registrar of Companies, Central Processing Centre has issued a new certificate of incorporation consequent upon conversion dated June 03, 2024, bearing CIN: U74999DL2021PLC386542.
Global Industry: At the global level, e-governance development has increased, largely due to advancements in telecommunications infrastructure and human capital development. The survey showed that 60 countries had very high EGDI values (ranging from 0.75 to 1.00), up from 57 in 2020, with Europe and Asia leading in scores. The global automotive industry size was valued at USD 4,070.19 billion in 2023 and is predicted to hit around USD 6,388.49 billion by 2031. Digitalization and innovative business models are reshaping traditional paradigms, ushering in a new era of disruption in the automotive sector. Indian Industry: India stands as a testament to the transformative power of digital services, with over 900 million internet subscribers making it one of the largest and fastest-growing markets for digital consumers. A research shows exponential growth in e-governance adoption in India, driven by digital payments and UIDAI, key elements of the Jan Dhan-Aadhaar-Mobile (JAM) trinity. In addition, several initiatives by the Government of India such as the Automotive Mission Plan 2026, scrappage policy, and production-linked incentive scheme in the Indian market are expected to make India one of the global leaders in the two-wheeler and four-wheeler market by 2026.
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited (RTL), has been engaged in providing digitally enabled services and digitally enabled channel sales of automotive components & accessories. Our company initially offered vehicle registration services to Original Equipment Manufacturers (OEMs) and has since diversified into a comprehensive range of services, including garage services, last-mile delivery service, selling of automotive components and accessories, etc. Our company is engaged in both the B2B and B2C segments. In the B2B segment, it serves automotive OEMs, online marketplaces and garages among others, through its Vehicle Ownership Experience vertical, and other product manufacturers through Last Mile Delivery Service. In the B2C segment, Rosmerta Digital Services Limited serves vehicle owners through vehicle registration services, garage services and automotive spare parts and accessories. Automotive components and accessories are sold through a combination of channel partners and direct to consumer through RDSL's MyRaasta application.
Peer Comparison:
- BLS E-Services Ltd
Rosmerta Digital Services Ltd IPO Key Points
Strengths
- Leveraging the experience of our Corporate Promoter.
- Experienced management team and a motivated and efficient work force.
- Quality Deliverables of services.
- Adaption to advanced technology.
- Timely and safe deliveries.
Risk
- The company has experienced significant growth in recent years and may be unable to sustain its growth or manage it effectively.
- Majority of its geographical wise revenues from operations for the last 3 years is majorly derived from Karnataka and Maharashtra. Any adverse developments affecting its operations in this state could have an adverse impact on the company revenue and results of operations.
- The company depends on a single customer for a significant portion of its revenues. The loss of a major customer or significant reduction in demand from any of its major customers may adversely affect the company's business, financial condition, results of operations and prospects.
Strategy
- Expansion of Vehicle Ownership Experience target segments.
- Expansion of M2M KYC.
- Auto aftermarket retail network expansion.
- Entering OES parts distribution for retail aftermarket.
- Growth in accessories distribution.
- Leveraging the experience of our Corporate Promoter.
- Experienced management team and a motivated and efficient work force.
- Quality Deliverables of services.
- Adaption to advanced technology.
- Timely and safe deliveries.
How To Apply for Rosmerta Digital Services 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.