Rosmerta Digital Services IPO - AstroIPO

Rosmerta Digital Services IPO


November 5, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Rosmerta Digital Services Ltd. is launching an IPO from December [D to D], 2024, with a price band of ₹140 – ₹147 per share to raise ₹206.33 crores in the Information Technology sector.

The IPO Structure a fresh issue of 1,40,36,000 shares (₹206.33 crores). Investors can apply for a minimum lot of 1000 shares, requiring ₹1,47,000 at the upper price band. Each share has a face value of ₹2.

The Rosmerta Digital Services IPO will list on BSE, offering 1,40,36,000 shares to the public.

Rosmerta Digital Services IPO Details

The key details of Rosmerta Digital Services’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹206.33 Cr
Price Range ₹140 - ₹147
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 1000
Investment (cut-off price) ₹147,000
Pre IPO Promotor Holding 89.74%
Post IPO Promotor Holding 66.02%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Rosmerta Digital Services IPO Timelines

The IPO process for Rosmerta Digital Services includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

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Start Date
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End Date
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Allotment Date View Status
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Refund Initiation
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Credit of Shares to Demat Ac
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Listing Date

Rosmerta Digital Services IPO Lot Size

The Rosmerta Digital Services IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹147 per share, requiring ₹147,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹294,000.

Application Lot Size Shares Amount
Retail Minimum 1 1000 ₹147,000
Retail Maximum 1 1000 ₹147,000
S-HNI Minimum 2 2000 ₹294,000

Rosmerta Digital Services IPO Subscription Status

The subscription status for Rosmerta Digital Services IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Rosmerta Digital Services IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹2.03 ₹2.04 -₹0.03
FY 2023 ₹29.79 ₹27.56 ₹1.62
FY 2024 ₹84.19 ₹70.07 ₹10.57
FY 2025 (6 M) ₹92.54 ₹29.59 ₹14.84

About Company

Rosmerta Digital Services Limited was incorporated as a private limited company on September 14, 2021, and later converted to a public limited company on June 3, 2024. The company focuses on providing digitally enabled services and channel sales of automotive components and accessories, initially offering vehicle registration services to Original Equipment Manufacturers (OEMs) and expanding into garage services, last-mile delivery, and automotive spare parts.

The global e-governance landscape is rapidly evolving, with advancements in telecommunications contributing to increased adoption across various countries. In India, the digital services market is thriving, driven by over 900 million internet subscribers and government initiatives aimed at enhancing e-governance. With a strong presence in both B2B and B2C segments, Rosmerta Digital Services is well-positioned to leverage the growing demand for digital solutions in the automotive sector, supported by its parent company, Rosmerta Technologies Limited.

Incorporation Date Sector Managing Director
2021 IT (Information Technology) Akhil Gupta

Know Before Investing

Rosmerta Digital Services IPO Strengths

  • Leverage the expertise and knowledge of the corporate promoter to enhance business operations.
  • An experienced management team, supported by a motivated and efficient workforce, drives company success.
  • Commitment to delivering high-quality services ensures customer satisfaction and loyalty.
  • Embrace advanced technologies to improve operational efficiency and service offerings.
  • Ensure timely and safe deliveries to maintain customer trust and satisfaction.

Rosmerta Digital Services IPO Risks

  • The company has experienced significant growth but may struggle to sustain it effectively.
  • A majority of revenue comes from Karnataka and Maharashtra; adverse developments in these states could negatively impact financial performance.
  • The company relies heavily on a single customer for a substantial portion of its revenue, making it vulnerable to demand fluctuations or loss of that customer.

Swot Analysis for Rosmerta Digital Services IPO

Strengths

Strong revenue growth, Experienced management, Innovative technology solutions

Weaknesses

High dependency on single customer, Regional revenue concentration

Opportunities

Expanding digital services market, Potential for strategic partnerships

Threats

Intense competition, Regulatory changes impacting operations

Company Details

Rosmerta Digital Services Limited

402, 4th Floor, World Trade Tower,
Barakhamba Lane,
Connaught Place – 110001

Phone: +91-92894 80509

Email: [email protected]

Website: http://www.rosmertadigital.com/

IPO Registar Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/initial_offer/public-issues.html

FAQs

The key objectives of Rosmerta Digital Services IPO are:

  • Fund office space, warehouses, workshops, and experience centers across India.
  • Invest in robust IT infrastructure to enhance operational efficiency.
  • Secure funding for essential working capital requirements.
  • Allocate funds for acquisitions and strategic growth initiatives.
  • Provide resources for various general corporate needs.

Narnolia Financial Services Ltd and Beeline Capital Advisors Pvt Ltd are the book-running lead managers for the Rosmerta Digital Services IPO.

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