Deem Roll-Tech Ltd. has announced public offering of 2268000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 119.00 per share. The gross proceeds of the issue are expected to be Rs 2,925.72 lakhs.

The company's initial public offer (IPO) will open on 20 February 2024 and is expected to close on 22 February 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 2268000 Equity Shares of the Company at an price of Rs 129.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Deem Roll-Tech Ltd. anticipates using the proceeds of the issue for .

Fedex Securities Private Limited as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.