Delaplex Limited IPO Closed

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IPO date 25 Jan 2024 – 30 Jan 2024
Listing date 02 Feb 2024
Price range 186 – 192
Minimum order quantity 600
(D)RHP View

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DelaPlex Limited is launching its IPO. The IPO opens for subscription on 25th January and will close on 30th January 2024.

Disclaimer: This stock will trade with a lot size of 600 shares in the SME segment on the listing.

What does DelaPlex Limited do?

Established on February 12, 2004, DelaPlex Limited operates as a subsidiary of delaPlex INC., a U.S.-based enterprise, holding a 51% stake in the company. The firm specializes in providing technology and software development solutions, along with consulting services, to assist clients in achieving growth, revenue, and marketplace value.

It provides a wide range of technical solutions, including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.

The company employs ISTQB Gold-certified test engineers and is ISO/IEC 27001:2022 certified for its information security management system. DelaPlex Limited also adheres to ISO 9001:2015 standards for its Quality Management System. With its registered office in Nagpur, it has additional offices in Pune, Hyderabad, and Bengaluru, and offers services in India, the USA, and Dubai (UAE).

Schedule of Delaplex Limited IPO

Issue Period 25th January to 30th January 2024
Deadline for accepting UPI mandate  Until 5 PM on the issue closing day
Finalization of Allotment January 31, 2024
Initiation of Refunds January 31, 2024
Credit of Shares February 01, 2024
Date of Listing February 02, 2024
Mandate end date February 14, 2024
Anchor Investors Lock-In End Date (50% of the investment) February 29, 2024
Anchor Investors Lock-In End Date (Remaining investment) April 29, 2024

Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.

How to apply to the Delaplex Limited IPO?

You can apply for the Delaplex Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for the Delaplex Limited IPO?

You can check the allotment status for the Delaplex Limited IPO on the website of the Registrar and Transfer agent.