Rosmerta Digital Services Ltd IPO

Rosmerta Digital Services Ltd IPO

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.

Rosmerta Digital Services Ltd IPO Details

Total Shares Offered

₹ 1,40,36,000

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 3,50,32,475

Exchange

BSE

Issue size

₹ 206.33 Cr

IPO Open Date

Invalid Date

Close Date

Invalid Date

Lot Size

1000

Min Investment

₹ 1,40,000

Issue Type

Book Building - SME

Listing Date

Invalid Date

Rosmerta Digital Services Ltd IPO Dates

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Opening date
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Closing date
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Nov 22, 2024
Basis of Allotment
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Nov 25, 2024
Initiation of Refunds
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Nov 25, 2024
Credit of Shares
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Listing date

Details

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

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Rosmerta Digital Services Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations14.292.39-0.01
EBITDA14.472.55-0.01
PAT10.571.62-0.03
Total Assets37.1318.975.10
Share Capital0.010.010.01
Total Borrowings15.808.683.09
Operating Activities (Net Cash)10.751.78-0.03
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)15.808.683.09
Net Cashflow4.401.630.04

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 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.

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Rosmerta Digital Services Ltd IPO?

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Rosmerta Digital Services Ltd's IPO offers shares for up to 206.33 It begins on Invalid Date and ends on Invalid Date.

What is the price of the Rosmerta Digital Services Ltd IPO?

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The price of Rosmerta Digital Services Ltd IPO ranges between ₹140 to ₹147 per share.

What are the open and close dates for the Rosmerta Digital Services Ltd IPO?

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The Rosmerta Digital Services Ltd IPO opens on Invalid Date and closes on Invalid Date.

When will the Rosmerta Digital Services Ltd IPO be allotted?

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The allotment for the Rosmerta Digital Services Ltd IPO will be finalised on Nov 22, 2024. The shares will be listed on BSE and NSE on Invalid Date.

What is the minimum lot size required for Rosmerta Digital Services Ltd IPO?

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The minimum lot size for Rosmerta Digital Services Ltd IPO is 1000 shares, priced between ₹140 to ₹147 per share.

What is the GMP of Rosmerta Digital Services Ltd IPO?

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

How do you check the allotment status of Rosmerta Digital Services Ltd IPO?

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To check the allotment status of Rosmerta Digital Services 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 Rosmerta Digital Services Ltd IPO getting listed?

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The Rosmerta Digital Services Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Invalid Date, and closes on Invalid Date. The allotment is finalised on Nov 22, 2024.

How do you apply for the Rosmerta Digital Services Ltd IPO?

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

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