Rosmerta Digital Services SME IPO Details, Financials, Valuation & Peers
Explore Rosmerta Digital Services IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Rosmerta Digital Services Limited (RDSL), a subsidiary of Rosmerta Technologies Limited, provides digitally enabled services and channel sales in the automotive sector. Founded in 2021 and headquartered in Delhi, the company began by offering vehicle registration services to Original Equipment Manufacturers (OEMs) and has since expanded into last-mile delivery, garage services, and sales of automotive components and accessories. Leveraging its proprietary technology platforms like the URJA platform and MyRaasta app, RDSL streamlines vehicle ownership experiences and supports garage partners nationwide. With a pan-India presence and extensive expertise in the automotive industry, RDSL holds a significant market share in electric two-wheeler registrations and last-mile enablement for high-security registration plates (HSRP), serving clients like OLA Electric and Royal Enfield.
Key Points:
- Core Segments:
- Digitally Enabled Services: Provides vehicle registration, ownership transfer, subsidy assistance, and last-mile delivery services, especially for HSRP, via its platform URJA, which optimizes service workflows.
- Digital Channel Sales: Distributes automotive components and accessories to retailers and garages through a robust network of over 150 active channel partners.
- Technology and Platforms:
- URJA Platform: An in-house patented platform that enhances workflow management for vehicle ownership and internal channel sales.
- MyRaasta App: Supports garage partners by increasing customer footfall and facilitating the sale of automotive spare parts and accessories.
- Market Presence: Significant share in Indian electric two-wheeler registrations, including partnerships with OLA Electric and Royal Enfield.
- Infrastructure and Reach: A workforce of over 505 employees, a pan-India network, and a vast delivery network ensure efficient service and customer satisfaction in automotive solutions.
Objects of the Issue
- Funding the capital expenditure for purchase of office space in Mumbai
- Funding the capital expenditure for setting up warehouses, model workshops and experience centers in various parts of India.
- Funding the capital expenditure for setting up IT infrastructure
- Funding the Working Capital Requirement of the Company
- Funding expenditure for inorganic growth through acquisitions & other strategic initiatives
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | To be announced |
| IPO Price Band | ₹140 - ₹147 per share |
| Fresh Issue | 1,40,36,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹206.33 crore |
| Face Value | ₹2 |
| Listing On | BSE |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 2.03 | 29.79 | 84.19 | 92.54 |
| Total Expenses | 2.04 | 27.56 | 70.07 | 72.69 |
| Net Profit/Loss | -0.03 | 1.62 | 10.57 | 14.84 |
| NPM (*) | -1.48 | 5.43 | 12.55 | 16.08 |
| Total Assets | 5.57 | 19.32 | 37.45 | 100.13 |
| Total Liabilities | 5.59 | 17.73 | 25.23 | 29.14 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 0.00 | 0.46 | 3.01 | 4.01 |
| ROE (%) | 0 | 206 | 153 | 36 |
| ROCE (%) | 1 | 22 | 103 | 28 |
| D/E Ratio | 0.00 | 8.28 | 1.23 | 0.00 |
| Current Ratio | 0.92 | 1.08 | 1.49 | 3.47 |
| EBITDA MARGIN (%) | 1.35 | 10.23 | 18.25 | 21.62 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Rosmerta Digital Services Limited | 84.19 | 48.84 | 3.01 | 86.51 | 20.21 |
| BLS E-services Limited | 39.67 | 217.53 | 1.03 | 1.85 | 43.19 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- M/S ROSMERTA TECHNOLOGIES LIMITED
- M/S SHREE BANKEY BIHARI FAMILY TRUST
- MR. KARN VIVEK NAGPAL
- MR. KARTICK VIVEK NAGPAL
Lead Managers
- NARNOLIA FINANCIAL SERVICES LIMITED
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
Rosmerta Digital Services Limited
402, 4th Floor, World Trade Tower, Barakhamba Lane, Connaught Place, Delhi, India, 110001
Phone: +91-92894 80509
Email: cs@rosmertadigital.com
Website: www.rosmertadigital.com
FAQs
- What is the issue size of the Rosmerta Digital Services SME IPO?The Rosmerta Digital Services SME IPO has an issue size of ₹206.33 crore. This includes a fresh issue of 1,40,36,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Rosmerta Digital Services IPO?The price band for the Rosmerta Digital Services IPO is ₹140 - ₹147 per share.
- What are the bidding dates for the Rosmerta Digital Services IPO?The Rosmerta Digital Services IPO bidding dates haven't been announced yet.
- What is the allotment date for the Rosmerta Digital Services IPO?The allotment date for the Rosmerta Digital Services IPO has not been announced yet.
- What is the minimum lot size and investment required for the Rosmerta Digital Services IPO?The minimum lot size for the Rosmerta Digital Services IPO is 1000 shares and the minimum investment required is ₹1,47,000.
- What is the listing date for the Rosmerta Digital Services IPO?The listing date for the Rosmerta Digital Services IPO has not been announced yet.
- What is the Rosmerta Digital Services IPO grey market premium?The grey market premium (GMP) for the Rosmerta Digital Services IPO is currently at ₹22, with an expected listing gain of approximately 14.97%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.