Rosmerta Digital Services Limited IPO

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RDSL operates as a subsidiary of Rosmerta Technologies Limited (RTL), leveraging the expertise and infrastructure of its corporate promoter. RTL, established in 2006, has a substantial history in providing transport services and promoting road safety within India, thereby enriching RDSL with valuable industry knowledge and resources.

Core Business Activities: RDSL began by focusing on vehicle registration services for Original Equipment Manufacturers (OEMs). Over time, the company expanded its offerings to encompass a wider array of services, such as:

  • Garage services: Comprehensive vehicle maintenance and repair solutions.
  • Last-mile delivery services: Providing efficient delivery solutions to facilitate logistical needs.
  • Automotive component and accessories sales: Digitally enabled channel sales of a variety of automotive parts and accessories.

This diversification has enabled RDSL to strengthen its position in the automobile industry by not only supporting OEMs but also offering value-added services across the automotive value chain. The company’s growth is underpinned by its advanced technological capabilities and an experienced team that benefits from the insights of Rosmerta Technologies Limited.

Objects of the Rosmerta Digital Services Limited IPO:

The company intends to utilize the net proceeds of the Issue to meet the following objectives: i. Funding the capital expenditure for the purchase of office space in Mumbai; ii. Funding the capital expenditure for setting up warehouses, model workshops, and experience centers in various parts of India; iii. Funding the capital expenditure for setting up IT infrastructure; iv. Funding the Working Capital Requirement of the Company; v. Funding expenditure for inorganic growth through acquisitions and other strategic initiatives; and vi. General Corporate Purposes.
DRHP of Rosmerta Digital Services Limited IPO
RHP of Rosmerta Digital Services Limited IPO

Rosmerta Digital Services Limited IPO Details:

Total Shares: 14,036,000
Face Value: ₹ 2 Per Equity Share
Issue Size: 206.33 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 140 - 147 Per Equity Share
Listing At: BSE SME

Promoters And Management:

Akhil Gupta, 47, is the CEO and Whole-Time Director of the Company, appointed as Additional Director on May 10, 2024, and redesignated on June 21, 2024. A Chartered Accountant with a master’s in finance from Birla Institute of Management & Technology, he brings 22 years of experience in finance, banking, and manufacturing with firms like Dhani Group, Indiabulls Housing Finance, Luminous Power Technology, and ICICI Bank. He oversees finance, investor relations, due diligence, risk management, business modeling, fundraising, and business plan implementation. Sanjay Sharma, 54, is the Whole-Time Director and Business Head of the Company, appointed as Additional Director on April 26, 2024, and redesignated on April 30, 2024, following a shareholder resolution. He holds a Bachelor of Engineering in Electronics from the University of Pune and has 30 years of diverse industry experience. His expertise includes business development, sales and marketing, team management, strategic alliances, new initiatives, P&L management, cost optimization, and product management. He has previously worked with companies such as DCM Data Systems, Siemens Information Systems, Microsoft India, Star Services, Spriklr India, and Rezo. Mukesh Malhotra, 48, is the Non-executive Director of the Company and has served in this role since its incorporation on September 14, 2021. He holds a Bachelor's degree in Commerce from Chaudhary Charan Singh University and has 26 years of extensive experience in the pharmaceuticals, telecom, and automotive industries. He is skilled in strategic planning, financial management, team leadership, and marketing, with a strong understanding of both domestic and global markets. He is known for building and maintaining strong relationships with stakeholders, customers, and partners and oversees the company's strategy and business operations.

Financials of Rosmerta Digital Services Limited IPO: 

To be updated shortly.

Comparison With Peers:

To be updated shortly.

Recommendation on Rosmerta Digital Services Limited IPO:

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Lead Manager of Rosmerta Digital Services Limited IPO:

  1. Beeline Broking Limited
  2. Narnolia Financial Services Ltd

Registrar of Rosmerta Digital Services Limited IPO:

  1. Link Intime India Private Limited

Company Address:

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/

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