Deem Roll-Tech Share Price

Deem Roll Tech Limited was originally incorporated as a Private Limited Company in the name of Deem RollTech Private Limited vide Certificate of Incorporation dated May 1, 2003 with the Assistant Registrar of Companies, Gujarat, Dadra Nagar Haveli. The Company was converted from a Private Limited into a Public Limited Company, and name of the Company was changed to Deem RollTech Limited dated March 4, 2008. In 2012, Company started production of rolls at manufacturing unit 3 in Sinhet District of West Bengal. The Company is one of the leading manufacturers of highquality rolls in India. It operate 3 Manufacturing Units, two in Gujarat, located at GIDC Chhatral, Tal. Kalol, Dist: Gandhinagar and at Village Ganeshpura, Taluka Kadi, Dist: Mehsana and one in West Bengal at Dadpur, Hoogly with the total manufacturing capacity of 6,600 MT finished long product rolls per year. It manufacture steel and alloy rolls from steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferro alloys, resin coated sand, alloy steel, cast irons and tungsten carbides conforming to international standards. Their Manufacturing Units consists of engineering design, mold making, melting, casting, machining and dispatch sections backed by related quality testing and assurance equipment. Apart from these, Company supply its Rolls directly to rolling mill manufacturers (OEMs) and in the replacement market to the iron and steel rolling mills through a network of dealers / distributors and agents. The Rolls manufactured by Company finds its application in the iron and steel rolling mill industries in the domestic and international markets. On 22 February 2024, Company launched the IPO by issuing 22,68,000 equity shares of Rs 10 each and raised Rs 29.26 crores through Fresh Issue.