Rosmerta Digital Services IPO is set to open on [.], and will close on [.]. The Rosmerta Digital Services IPO is a Book Built Issue, aiming to raise approximately ₹206.33 crores. This includes a fresh issue of ₹206.33 crores. The face value of each share is ₹2.
The price band for the IPO is ₹140 to ₹147 per share, with a 35% retail quota, 50% for QIB, and 15% for HNI. The IPO is set to list on the BSE, and the allotment date will be in 2024.
Rosmerta Digital Services IPO Price band is set between ₹140 to ₹147 per share. The quota allocation is 35% for Retail investors, 50% for Qualified institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Rosmerta Digital Services IPO is set to list on the BSE, and the allotment date will be in 2024.
The company reported revenue of ₹84.19 crores in 2024, compared to ₹29.79 crores in 2023. It posted a Profit of ₹10.57 crores in 2024, compared to a Profit of ₹1.62 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Rosmerta Digital Services IPO Details
- Rosmerta Digital Services IPO Market Lot
- Rosmerta Digital Services IPO Dates
- About Rosmerta Digital Services
- Promoters of Property Share REIT
- Rosmerta Digital Services Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Rosmerta Digital Services IPO GMP (Grey Market Premium)
- Rosmerta Digital Services Subscription Status
- Rosmerta Digital Services Allotment Status
- IPO Registrar
- IPO Lead Managers
- Property Share REIT Contact
- FAQs
Rosmerta Digital Services IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Rosmerta Digital Services Limited |
| Industry | Automotive Technology and Digital Services |
| IPO Issue Type | Book Built Issue |
| Open Date | [.] 2024 |
| Close Date | [.] 2024 |
| Total Issue Size | Approx ₹206.33 Crores |
| Fresh Issue | Approx ₹206.33 Crores |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹140 to ₹147 Per Share |
| Listing on | NSE & BSE |
| Lot Size | 1000 Shares Per Lot |
| Offer for Sale | Approx [.] Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Rosmerta Digital Services IPO Market Lot
Rosmerta Digital Services IPO has minimum lot size of 1,000 Shares, with an amount of ₹147,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,000 | ₹147,000 |
| Retail Maximum | 1 | 1,000 | ₹147,000 |
| HNI Minimum | 2 | 2,000 | ₹294,000 |
Rosmerta Digital Services IPO Dates
The Rosmerta Digital Services IPO will open in 2024 and close in 2024. The allotment will be finalized in 2024, with the IPO listing scheduled for 2024.
| Event | Date |
|---|---|
| IPO Open Date | 2024 |
| IPO Close Date | 2024 |
| Basis of Allotment | 2024 |
| Refunds | 2024 |
| Credit to Demat Account | 2024 |
| IPO Listing Date | 2024 |
About Rosmerta Digital Services
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited, was incorporated in 2021 and specializes in digitally enabled services and distribution channels for automotive components and accessories. Initially, the company focused on providing vehicle registration services to OEMs but has since expanded its offerings to include garage services, last-mile delivery, and the sale of automotive components and accessories.
The company operates in two key segments: digitally-enabled services, including vehicle registration, transfer of ownership, State Transport Authority approvals, FAME and State subsidy assistance, and other Regional Transport Office-related support; and digitally-enabled distribution channel sales, where it entered the automotive component and accessory market in 2023, supported by a network of over 150 active channel partners.
In collaboration with OLA Electric, Rosmerta Digital has also partnered with Royal Enfield to facilitate direct-to-consumer vehicle sales registration. Between March 31, 2024, and March 31, 2023, the company’s revenue and profit after tax (PAT) grew by 183% and 553%, respectively.
Promoters of Property Share REIT
- Rosmerta Technologies Limited
- Shree Bankey Bihari Family Trust
- Mr. Karn Vivek Nagpal
- Mr. Kartick Vivek Nagpal
Rosmerta Digital Services Financial Report
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10,013.07 | 3,744.53 | 1,932.43 | 557.14 |
| Revenue | 9,253.57 | 8,419.07 | 2,978.91 | 202.7 |
| Profit After Tax | 1,483.72 | 1,056.52 | 161.87 | -3.01 |
| Net Worth | 7,099.34 | 1,221.32 | 159.16 | -2.01 |
| Reserves and Surplus | 6,318.34 | 1,220.32 | 158.16 | -3.01 |
| Total Borrowing | - | 1,499.01 | 1,318.28 | 439.21 |
| Amount in ₹ Crores | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 1.53% |
| ROCE | 1.03% |
| EBITDA Margin | 18.25% |
| PAT Margin | 12.55% |
| Debt to equity ratio | 1.23 |
| Earning Per Share (EPS) | ₹3.01 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 86.51% |
| Net Asset Value (NAV) | ₹20.21 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| BLS E-services Limited | 1.03 | 217.53 | 1.85 | 43.19 | 39.67 Cr. |
Objective of the Issue
- Capital expenditure for purchasing office space in Mumbai.
- Capital expenditure for establishing warehouses, model workshops, and experience centers across India.
- Capital expenditure for setting up IT infrastructure.
- Meeting the company’s working capital requirements.
- Expenditure for inorganic growth through acquisitions and other strategic initiatives.
- General corporate purposes.
Rosmerta Digital Services IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Rosmerta Digital Services, please visit the IPO GMP page.
Rosmerta Digital Services Subscription Status
This IPO subscription kicks off in 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Rosmerta Digital Services Allotment Status
To check the Rosmerta Digital Services IPO allotment status, visit the IPO registrar website Link Intime or go to the IPO Allotment page.
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: rosmerta.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat
Phone: +91-79-48407357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Property Share REIT Contact
ROSMERTA DIGITAL SERVICES LIMITED
1st Floor, Plot No 66, Vatika Tower, Sector 44,
Gurgaon, Sector 45, Haryana, India, 122003
Phone: +91-92894 80509
E-mail: cs@rosmertadigital.com
Website: www.rosmertadigital.com
FAQs
What is the issue size of the Rosmerta Digital Service’s IPO?
The issue size for Rosmerta Digital Service’s IPO is ₹206.33 crores.
What is the price band of the Rosmerta Digital Services IPO?
The price band for Rosmerta Digital Service’s IPO is ₹140 to ₹147 per share.
What is the lot size of the Rosmerta Digital Service’s IPO?
The minimum bid for Rosmerta Digital Service’s IPO is 1,000 shares, with an application amount of ₹147,000.
What is the allotment date for the Rosmerta Digital Service’s IPO?
The allotment date for Rosmerta Digital Service’s IPO is in 2024.
What is the listing date for the Rosmerta Digital Service’s IPO?
It is expected to be listed on BSE SME in 2024.
Note: Rosmerta Digital Services IPO price band and date have been officially announced. Rosmerta Digital Services IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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