Rosmerta Digital Services Ltd

Rosmerta Digital Services Ltd IPO

IPO Price Range: ₹140 - 147

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.

Min Investment

₹1,47,000

IPO Size

₹206 Cr

IPO Status

Closed

Quantity in 1 Lot

1000

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Rosmerta Digital Services Ltd

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

Key Statistics

Bid Opening DateBid Opening Date18 Nov 2024
Bid Closing DateBid Closing Date21 Nov 2024
Allotment DateAllotment Date22 Nov 2024
Issue SizeIssue Size₹206.33Cr
Quantity in 1 lotQuantity in 1 lot1000

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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.

Promoters Holding

Investors Holdings %
Rosmerta Technologies Ltd76.25%
Shree Bankey Bihari Family Tru13.46%
Karn Vivek Nagpal0%
Kartick Vivek Nagpal0%

About Rosmerta Digital Services Ltd

OrganisationRosmerta Digital Services Ltd
HeadquartersDelhi
IndustryIT - Software

Frequently Asked Questions

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

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

  • 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.

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

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

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

    The open and close dates of the Rosmerta Digital Services Ltd IPO are 18 Nov 2024 to 21 Nov 2024.

  • What is the lot size and minimum order quantity of the Rosmerta Digital Services Ltd IPO?

    The lot size and minimum order quantity of the Rosmerta Digital Services Ltd IPO are 1000 and 1000 respectively.

  • 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.