Rosmerta Digital Services Limited marks a significant milestone as it is the largest ever from the SME segment in India, with a price band of ₹140 to ₹147 per share. Founded in 2021 as a subsidiary of Rosmerta Technologies Limited, the company specializes in digitally enabled services and distribution channels for automotive components and accessories. The proceeds from the IPO will be utilized to enhance operational capabilities, including the purchase of office space in Mumbai and setting up warehouses and experience centers across India. With a reported net profit of ₹10.6 crore for the year ending March 2024 and a revenue increase to ₹84.19 crore, Rosmerta Digital Services is well-positioned for growth.
₹25
₹147
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Expert Opinions
The Rosmerta Digital Services IPO is generating enthusiastic market sentiment, reflecting strong investor interest in the burgeoning digital automotive services sector. As a relatively new player, founded in 2021, the company has quickly established itself by offering innovative solutions such as vehicle registration and distribution of automotive components. Its strengths include a robust growth trajectory, with revenue increasing by 183% and net profit soaring by 553% year-on-year, indicating effective operational strategies.
However, potential risks and challenges include reliance on regulatory approvals and the competitive landscape of the automotive services market. The valuation analysis places the IPO price band between ₹140 and ₹147 per share, aiming to raise ₹206 crore entirely through fresh issues, which should fund expansion initiatives. The long-term investment perspective appears promising due to the increasing demand for digital solutions in the automotive industry.
Investor Considerations
Investors considering the Rosmerta Digital Services IPO should assess several key factors. The company performance and fundamentals are promising, with a reported revenue increase of 183% and a net profit surge of 553% year-on-year, indicating strong operational growth since its inception in 2021. The sector outlook for digital services in the automotive industry is favorable, driven by increasing demand for efficient vehicle registration and distribution solutions.
The IPO valuation, set between ₹140 and ₹147 per share, aims to raise approximately ₹206 crore, primarily to enhance operational capabilities and expand infrastructure. Growth prospects remain robust as the company diversifies its offerings, including garage services and last-mile delivery, supported by a network of over 150 channel partners. However, potential risk factors include regulatory challenges and competition within the automotive services market. A long-term investment horizon is advisable, as Rosmerta Digital is well-positioned to capitalize on the ongoing digital transformation in India’s automotive sector, making it an attractive investment opportunity.
| Date | GMP | Trend |
|---|---|---|
| 30 Dec 2024 11.37 | ₹25 | --- |
| 29 Dec 2024 12.14 | ₹25 | --- |
| 28 Dec 2024 11.54 | ₹25 | --- |
| 27 Dec 2024 11.17 | ₹25 | --- |
| 25 Dec 2024 11.16 | ₹25 | --- |
| 24 Dec 2024 11.13 | ₹25 | --- |
| 23 Dec 2024 12.09 | ₹25 | --- |
| 21 Dec 2024 12.16 | ₹25 | --- |
| 20 Dec 2024 10.45 | ₹25 | --- |
| 19 Dec 2024 17.49 | ₹25 | --- |
| 18 Dec 2024 12.25 | ₹25 | --- |
| 17 Dec 2024 12.58 | ₹25 | --- |
| 12 Dec 2024 12.43 | ₹25 | --- |
| 11 Dec 2024 11.16 | ₹25 | --- |
| 10 Dec 2024 11.33 | ₹25 | --- |
| 09 Dec 2024 16.59 | ₹25 | --- |
| 06 Dec 2024 11.30 | ₹25 | --- |
| 05 Dec 2024 11.02 | ₹25 | --- |
| 04 Dec 2024 11.04 | ₹25 | --- |
| 03 Dec 2024 11.33 | ₹25 | --- |
| 02 Dec 2024 11.16 | ₹25 | --- |
| 01 Dec 2024 11.34 | ₹25 | --- |
| 30 Nov 2024 13.13 | ₹25 | --- |
| 29 Nov 2024 15.37 | ₹25 | --- |
| 28 Nov 2024 11.22 | ₹25 | --- |
| 27 Nov 2024 11.54 | ₹25 | --- |
| 26 Nov 2024 11.02 | ₹25 | --- |
| 25 Nov 2024 11.26 | ₹25 | --- |
| 23 Nov 2024 11.31 | ₹25 | --- |
| 22 Nov 2024 17.55 | ₹25 | --- |
| 21 Nov 2024 11.00 | ₹25 | --- |
| 18 Nov 2024 11.17 | ₹25 | --- |
| 15 Nov 2024 11.33 | ₹25 | --- |
| 14 Nov 2024 12.43 | ₹25 | --- |
| 13 Nov 2024 12.11 | ₹25 | Down |
| 12 Nov 2024 10.21 | ₹30 | --- |
| 11 Nov 2024 11.23 | ₹30 | --- |
| 10 Nov 2024 12.40 | ₹30 | --- |
| 09 Nov 2024 11.15 | ₹30 | --- |
| 08 Nov 2024 10.44 | ₹30 | --- |
| 07 Nov 2024 10.22 | ₹30 | --- |
| 06 Nov 2024 10.55 | ₹30 | Up |
| 05 Nov 2024 12.06 | ₹15 | --- |
FAQs
Rosmerta Digital Services IPO Current GMP is ₹25.
Rosmerta Digital Services IPO Expected Returns is 17.00%.
Rosmerta Digital Services IPO estimated listing price is ₹172.