Rosmerta Digital Services Limited IPO, GMP, Details, Price, And Review IPO Details
| Detail | Description |
|---|---|
| - |
About Rosmerta Digital Services Limited IPO, GMP, Details, Price, And Review
Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited (RTL), was founded in 2021 to offer digitally-enabled services and distribution for automotive components and accessories. Initially focused on vehicle registration for OEMs, the company has expanded its services to include garage services, last-mile delivery, and automotive parts sales.
The company operates in two key areas:
- Digitally Enabled Services: Offering technology-driven vehicle registrations, title transfers, regulatory approvals, and last-mile High Security Registration Plate (HSRP) delivery through its URJA platform.
- Digital Channel Sales: In 2023, Rosmerta expanded into automotive components, partnering with over 150 distributors and leading electric two-wheeler registrations with brands like OLA Electric and Royal Enfield.
Rosmerta’s URJA platform and MyRaasta app streamline operations and support garage partners, enhancing efficiency and customer satisfaction.
Rosmerta Digital Services IPO Overview:
- Total Issue Size: ₹206.33 crores
- Fresh Issue: 140.36 lakh shares
- IPO Opening Date: To be announced soon.
- IPO Closing Date: To be announced soon.
- Price Band: ₹140 to ₹147 per share
- Minimum Lot Size: 1,000 shares
- Lead Managers:
- Narnolia Financial Services Ltd
- Beeline Capital Advisors Pvt Ltd
- Registrar: Link Intime India Private Ltd
- Market Maker: Spread X Securities
Rosmerta Digital Services IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Offer |
Rosmerta Digital Services IPO Anchor Investors Details
| Bid Date | November 14, 2024 |
| Shares Offered | 3,998,000 |
| Anchor Portion Size (In Cr.) | 58.77 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 22, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 20, 2025 |
Objectives of Rosmerta Digital Services IPO
The company intends to utilize the net proceeds of the Issue to meet the following objectives:
- 1. Funding the capital expenditure for the purchase of office space in Mumbai.
- 2. Funding the capital expenditure for setting up warehouses, model workshops, and experience centers in various parts of India.
- 3. Funding the capital expenditure for setting up IT infrastructure.
- 4. Funding the Working Capital Requirement of the Company.
- 5. Funding expenditure for inorganic growth through acquisitions and other strategic initiatives.
- 6. General Corporate Purposes.
Rosmerta Digital Services Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
9,253.57
₹ Crore
Profit After Tax
1,483.72
₹ Crore
Net Worth
7,099.34
₹ Crore
Total Borrowing
1,499.01
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2024 | 10,013.07 | 9,253.57 | 1,483.72 | 7,099.34 | — | ||||
| 31 Mar 2024 | 3,744.53 | 8,419.07 | 1,056.52 | 1,221.32 | 1,499.01 | ||||
| 31 Mar 2023 | 1,932.43 | 2,978.91 | 161.87 | 159.16 | 1,318.28 | ||||
| 31 Mar 2022 | 557.14 | 202.7 | -3.01 | 2.01 | 439.21 | ||||
| Amount in ₹ Crore | |||||||||
Rosmerta Digital Services Limited IPO, GMP, Details, Price, And Review Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 0.36% |
| ROCE | 0.28% |
| RoNW | 20.72% |
| P/BV | 8.09 |
| PAT Margin (%) | 6.08 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.71 | 5.59 |
| P/E (x) | 54.33 | 26.3 |
Frequently Asked Questions
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Competitive Strengths
Early entry into digital registration services.
Technology including URJA software, My Raasta software and mobile application.
Agreements with OEMs.
Pan India Presence.
Domain Knowledge.
Download regulatory filings
Rosmerta Digital Services Limited IPO, GMP, Details, Price, And Review IPO Timeline
| IPO Date | To be announced soon. |
| Listing Date | - |
| Face Value | ₹2 per share |
| Price Band | ₹140 to ₹147 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 14,036,000 shares (aggregating up to ₹206.33 Cr) |
| Fresh Issue | 14,036,000 shares (aggregating up to ₹206.33 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 39,050,000 |
| Shareholding post issue | 53,086,000 |
| Market Maker portion | 703,000 shares Spread X Securities |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹147,000 |
| Retail (Max) | 1 | 1000 | ₹147,000 |
| HNI (Min) | 2 | 2,000 | ₹294,000 |