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April 28, 2023 - May 3, 2023

De Neers Tools IPO FAQ

De Neers Tools IPO Date & Price

The De Neers Tools IPO opens on April 28, 2023 and closes on May 3, 2023.

De Neers Tools IPO timetable / schedule is as below:
  • Bid/Offer Opens On: April 28, 2023
  • Bid/Offer Closes On: May 3, 2023
  • Finalization of Basis of Allotment: May 8, 2023
  • Initiation of refunds: May 9, 2023
  • Credit of Equity Shares: May 10, 2023
  • Listing Date: May 11, 2023

De Neers Tools IPO price is set at ₹101 per equity share.

De Neers Tools IPO will close for subscription at 5 PM on May 3, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The De Neers Tools IPO starts on April 28, 2023. The issue ends on May 3, 2023.

De Neers Tools IPO Issue Size and Subscription Status

The De Neers Tools IPO size is 2276400 Equity Shares of ₹10 aggregating up to ₹22.99 Cr.

De Neers Tools Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for De Neers Tools IPO shares through the banks (using ASBA) or through the broker (using UPI).

De Neers Tools IPO Offer Size

Qualified Institutional Buyers (QIB)1,138,200 Shares
Non-Institutional Investors (NII)341,460 Shares
Retail Individual Investor (RII)796,740 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,276,400 Shares

De Neers Tools IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)3.72 times times
Non-Institutional Investors (NII)60.16 times times
Retail Individual Investor (RII)11.88 times times
Employee Reservations times
Other Reservations times
Total Issue Size15.04 times times

Click here to check the De Neers Tools IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in De Neers Tools IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check De Neers Tools IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

De Neers Tools IPO Allotment and Listing

The De Neers Tools IPO allot status will be available online on May 8, 2023. Check the De Neers Tools IPO Allotment Status here.

Click here to check De Neers Tools IPO Allotment Status.

De Neers Tools IPO listing Date is May 11, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The De Neers Tools IPO listing date and time is published by the exchange in a circular.

Click here to view the De Neers Tools IPO Basis of Allotment.

It is hard to say at what price De Neers Tools IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The De Neers Tools IPO shares will list on May 11, 2023 at NSE SME.

De Neers Tools IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about De Neers Tools IPO which could help you with questions like De Neers Tools IPO buy or not? You should also read De Neers Tools IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

De Neers Tools IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the De Neers Tools IPO performance. The performance reports are available 1 day after listing.