Rosmerta Digital Services Ltd

Rosmerta Digital Services Ltd IPO

Rosmerta Digital Services Ltd IPO Price Range is ₹140 - 147, with a minimum investment of ₹1,47,000 for 1000 shares.

₹1,47,000

/ 1000 shares

Minimum Investment

View Rosmerta Digital Services Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹140 - 147

Open Date

2024-11-18

Close Date

2024-11-21

IPO Size

₹206.33 Cr

Lot Size

1000 shares

Min Investment

₹1,47,000

Listing Exchange

BSE

Rosmerta Digital Services Ltd IPO Application Timeline

passed
Open Date18 Nov 2024
passed
Close Date21 Nov 2024
passed
Allotment Date22 Nov 2024
passed
Listing Date26 Nov 2024

Strengths and Risks

Strengths

Strengths

  • Leveraging the experience of our Corporate Promoter.

  • Experienced management team and a motivated and efficient work force.

  • Quality Deliverables of services.

  • Adaption to advanced technology.

  • Timely and safe deliveries.

  • Experienced management team and a motivated and efficient work force.

  • Cordial relations with our clients.


Risks

Risks

  • The company has experienced significant growth in recent years and may be unable to sustain its growth or manage it effectively.

  • Majority of its geographical wise revenues from operations for the last 3 years is majorly derived from Karnataka and Maharashtra. Any adverse developments affecting its operations in this state could have an adverse impact on the company revenue and results of operations.

  • The company depends on a single customer for a significant portion of its revenues. The loss of a major customer or significant reduction in demand from any of its major customers may adversely affect the companys business, financial condition, results of operations and prospects.

  • For its digitally enabled services business, the company depends on its information technology systems and softwares, and any failures, disruption, or weakness in these systems, or a data breach, could negatively impact its operations and reputation. Additionally, the companys success hinges on its ability to innovate, upgrade, and adapt to new technological advancements.

  • The company proposed capital expenditure relating to development of software are subject to the risk of unanticipated delays in implementation and cost overruns. Changes in technology and modernization may render its current technologies or newly developed technologies obsolete or requires it to make substantial investments again.

  • The company depends on third parties or OEMs for the channel sales segment and such third parties could fails to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

  • The company Registered Office and corporate office is shared with its promoter group companies and holding company and are not owned by it. Any termination of the relevant lease or leave and license agreement in connection with such property or the company failures to pay annual lease rental, the same could adversely affect its operations. If the company is required to vacate the same, due to any reason whatsoever, it may adversely affect its business operations.

  • The company corporate promoter, Rosmerta Technologies Limited, has been issued Inspection Notice from the Ministry of Corporate Affairs, New Delhi.

  • The company has had negative cash flows in the past and may continue to have negative cash flows in the future.

  • The Company is involved in certain legal proceedings/litigations. Any adverse decision in such proceedings may render it/them liable to penalties and may adversely affect its business and result of operations.

How to Apply for Rosmerta Digital Services Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Rosmerta Digital Services Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Rosmerta Digital Services Ltd

Rosmerta Digital Services Limited, a subsidiary of Rosmerta Technologies Limited (RTL), has been engaged in providing digitally enabled services and digitally enabled channel sales of automotive components & accessories. Our company initially offered vehicle registration services to Original Equipment Manufacturers (OEMs) and has since diversified into a comprehensive range of services, including garage services, last-mile delivery service, selling of automotive components and accessories, etc. Our company is engaged in both the B2B and B2C segments. In the B2B segment, it serves automotive OEMs, online marketplaces and garages among others, through its Vehicle Ownership Experience vertical, and other productmanufacturers through Last Mile Delivery Service. In the B2C segment, Rosmerta Digital Services Limited serves vehicle owners through vehicle registration services, garage services and automotive spare parts andaccessories. Automotive components and accessories are sold through a combination of channel partners and direct to consumer through RDSLs MyRaasta application.

Frequently Asked Questions of Rosmerta Digital Services Ltd IPO

What is the size of the Rosmerta Digital Services Ltd IPO?

The size of the Rosmerta Digital Services Ltd IPO is ₹206.33 Cr.

What is the allotment date of the Rosmerta Digital Services Ltd IPO?

Rosmerta Digital Services Ltd IPO allotment date is Nov 22, 2024 (tentative).

What are the open and close dates of the Rosmerta Digital Services Ltd IPO?

The Rosmerta Digital Services Ltd IPO will open on Nov 18, 2024 and close on Nov 21, 2024

What is the lot size of Rosmerta Digital Services Ltd IPO?

The lot size for the Rosmerta Digital Services Ltd IPO is 1000.

When will my Rosmerta Digital Services Ltd IPO order be placed?

Your Rosmerta Digital Services Ltd IPO order will be placed on Nov 18, 2024

Can we invest in Rosmerta Digital Services Ltd IPO?

Yes, once Rosmerta Digital Services Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Rosmerta Digital Services Ltd IPO?

The potential listing gains on the Rosmerta Digital Services Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Rosmerta Digital Services Ltd IPO?

'Pre-apply' for Rosmerta Digital Services Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.