Rosmerta Digital Services Limited

Company Name	Rosmerta Digital Services Limited
Open Date	18-11-2024
Close Date	21-11-2024
Exchange	BSE SME
Lot Size	1,000 Shares
Issue Price	₹140 to ₹147 per share
Issue Size	14,036,000 shares
Application Amount	₹147,000
Recommendation	Avoid

Rosmerta Digital Services Limited (RDSL), a subsidiary of Rosmerta Technologies Limited (RTL), provides digitally enabled services and channel sales for automotive components and accessories. Initially focused on vehicle registration services for OEMs, RDSL now offers garage services, last-mile delivery, and automotive parts sales across B2B and B2C segments. It serves OEMs, online marketplaces, garages, and vehicle owners through its Vehicle Ownership Experience vertical and the MyRaasta app for direct consumer access.

(Read more on the review)

Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Sep-24
Revenue	202.70	2,978.91	8,419.00	9,224.23
EBITDA	2.73	304.66	1,536.27	3,247.07
Net Profit	-3.01	161.87	1,056.52	1,483.45
RoCE	70.56%	153.00%	118.51%	45.10%
ROE	149.75%	101.70%	86.51%	20.90%
P/E	-	319.57	48.84	19.35

Tentative Timeline

Opening Date	18-11-2024
Closing Date	21-11-2024
Basis of Allotment	22-11-2024
Initiation of Refunds	25-11-2024
Credit of Shares to Demat	25-11-2024
Listing Date	26-11-2024

Objects of the Issue

Funding the capital expenditure for the purchase of office space in Mumbai;

Funding the capital expenditure for setting up warehouses, model workshops, and experience centres 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 and other strategic initiatives; and

General Corporate Purposes

Contact Information

Registered Office	Rosmerta Digital Services Limited 402, 4th Floor, World Trade Tower, Barakhamba Lane, Connaught Place - 110001
Phone	+91-92894 80509
Email	cs@rosmertadigital.com
Website	http://www.rosmertadigital.com/

Offer Documents

Rosmerta Digital Services IPO DRHP

Rosmerta Digital Services IPO RHP

Registrar Details

Name	Link Intime India Private Ltd
Phone	+91-22-4918 6270
Email	rosmerta.ipo@linkintime.co.in
Website	https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
Retail Shares Offered	Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered	Not less than 15.00% of the Net Offer

Shareholding Pattern

Shareholding Pre Issue (Promoters)	89.76%
Shareholding Post Issue (Promoters)	66.02%