De Neers Tools Limited IPO Review & Recommendations
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April 28, 2023 - May 03, 2023
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De Neers Tools Limited IPO Review
De Neers Tools Limited supplies industrial tools. The company was incorporated in 1952 and they offer spanners, wrenches, pliers, cutters, hammers, sockets, screwdrivers, tool kits, tool cabinets, trolleys, etc. They focused on customers’ needs and therefore established brands with an aim to satisfy the customer. Their Strategy is brand outreach, enhancing efficiency and productivity, to enhance market share by expanding their business. Their marketing team and capability and reliability with their distributors,
De Neers Tools Limited Products and Services
They provide the very broad range of hand tools in India. Their Extensive range of products includes spanners, wrenches, pliers, cutters, and Allen keys, they are also specialized in providing safety tools like non–sparking insulted steel, stainless steel & magnetic tools. Their Focus is on producing tools that can up to the demands of the professionals who use them every day. Their Strengths are distribution systems, experienced directors and management team, quality and safety of products, Strong supply chain.
Financial Overview
De Neers Tools Limited is in the business of supplies & marketing hand tools. The Company operates in a highly competitive and fragmented segment, Based on the financial statement it’s fully priced. There is no harm to ignore this pricey IPO.
Frequently Asked Question
De Neers Tools Limited IPO shares will get listed on May 11, 2023.
If you do not get the allotment of De Neers Tools Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholding of the De Neers Tools Limited IPO promoter is 91.14%.
Opening date of De Neers Tools Limited IPO is April 28, 2023.
Lot size of the De Neers Tools Limited IPO is 1200 shares.
If allotted, you will receive De Neers Tools Limited IPO shares in your Demat account on May 10, 2023.
De Neers Tools Limited IPO share price ₹95 to ₹101 per share.
Face value of De Neers Tools Limited IPO is ₹10 per share.
Minimum and maximum order quantity is 1 lot only.
De Neers Tools Limited IPO Shares will get listed at NSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Closing date of De Neers Tools Limited IPO is May 03, 2023.
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