Deem Roll-Tech Ltd.
NNSE:DEEM42.00
INR
+1.15
(+2.82%)
ISIN
INE586O01011
Return %
Stock
S&P 500
1Y
-16.00
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Jyoti Prasad Bhattacharya
- Full Time Employees
- 294
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- C-1212, Swati Trinity Ahmedabad India 380058
- IPO Date
- Feb 27, 2024
- Website
- deemrolls.com
- Similar Companies
- Business
- Deem Roll-Tech Ltd. manufactures steel and alloy rolls for the iron and steel rolling mill industry. The company produces spheroidal graphite iron (SGI) or ductile iron rolls; indefinite chill alloy cast iron rolls; alloy steel base rolls; double poured alloy indefinite chill rolls; high-speed steel rolls; and related components including rings, sleeves, and arbours for applications in long product mills, flat product mills, and seamless tube rolling mills. Deem Roll-Tech operates integrated facilities with foundries, machine shops, and heat treatment units, serving rolling mills worldwide, including exports to over 10 countries such as the United States, Germany, Europe, the Middle East, Oman, Saudi Arabia, South Africa, Nepal, and Bangladesh. Incorporated in 2003 and headquartered in Ahmedabad, India, the company supplies rolls directly to rolling mill manufacturers and through a network of dealers, distributors, and agents in the replacement market. It caters to a diverse customer base in the steel sector with customized, high-quality products utilizing state-of-the-art equipment and modernized facilities. In recent developments, Deem Roll-Tech listed on the National Stock Exchange SME platform (NSE Emerge) in February 2024 following a successful initial public offering that raised approximately ₹29.26 crore through a fresh issue of equity shares. The company commenced trial-run production at a new manufacturing facility in October 2024, marking a significant expansion in operational capacity. These initiatives support ongoing revenue growth, with trailing twelve-month revenue of ₹929.08 million and net income of ₹28.99 million as of the latest reported period.