Rosmerta Digital Services Ltd, a subsidiary of Rosmerta Technologies Ltd, specializes in digitally enabled services and channel sales of automotive components and accessories. The company offers a range of services, including vehicle registration, garage services, last-mile delivery, and the sale of automotive parts through its MyRaasta application.
IPO Details:
- Issue Period: November 18 to November 21, 2024
- Issue Size: ₹206.33 crore, comprising a fresh issue of 1.40 crore equity shares
- Price Band: ₹140 to ₹147 per equity share
- Lot Size: 1,000 shares, requiring a minimum investment of ₹147,000
- Listing Date: November 26, 2024, on the BSE SME platform
Subscription Details:
The IPO was structured as a book-built issue with the following reservation:
- Qualified Institutional Buyers (QIBs): 50%
- Non-Institutional Investors (NIIs): 15%
- Retail Individual Investors (RIIs): 35%
Financial Highlights:
- Revenue (FY 2024): ₹84.19 crore
- Net Profit (FY 2024): ₹10.57 crore
Utilization of Funds:
Proceeds from the IPO were planned for:
- Capital Expenditure for Office Space in Mumbai
- Setting Up Warehouses, Model Workshops, and Experience Centers
- IT Infrastructure Development
- Working Capital Requirements
- Inorganic Growth through Acquisitions and Strategic Initiatives
- General Corporate Purposes
For more detailed information, you may refer to the official prospectus and financial reports of Rosmerta Digital Services Ltd.