Rosmerta Digital Services Limited IPO

Rosmerta Digital Services IPO: A New Investment Opportunity

Rosmerta Digital Services, a fast-growing entity in the digital automotive services sector, is set to launch its IPO on November 18, 2024, and it’s gaining significant attention from investors. With an issue size of ?206.33 crore, this IPO is entirely a fresh issue of 140.36 lakh shares. StartupLanes, a leading player in SME IPOs, invites interested investors to connect for insights on securing shares in this promising IPO. To join the discussion, click here to join the StartupLanes India WhatsApp Group for further discussion.

### IPO Details and Timeline

Rosmerta Digital Services' IPO opens for subscription on November 18, 2024, and closes on November 21, 2024. The share allotment is anticipated to be finalized on November 22, 2024, with a tentative listing date on the BSE SME scheduled for November 26, 2024. The IPO price band is set between ?140 and ?147 per share, with a minimum application lot size of 1,000 shares. This translates to an entry investment amount of ?147,000 for retail investors, while HNI investors need to apply for a minimum of 2 lots, amounting to ?294,000.

### Key Financials and Business Strength

Rosmerta Digital Services Limited has experienced rapid financial growth, as reflected in its recent numbers:

- Revenue has increased by 183%, and profit after tax (PAT) surged by 553% in the last financial year.

- The company's net worth as of September 30, 2024, stands at ?7,099.34 lakh, underscoring its financial health and capacity for growth.

For more insights and expert guidance on investing in this IPO, contact StartupLanes for professional advice on navigating the SME IPO process. To learn more or join the conversation with other investors, click here to join the StartupLanes India WhatsApp Group for further discussion.

### About Rosmerta Digital Services Ltd.

Founded in 2021 as a subsidiary of Rosmerta Technologies Limited (RTL), Rosmerta Digital Services Ltd. specializes in digitally-enabled services and channel sales within the automotive sector. Initially, the company focused on vehicle registration services, primarily catering to Original Equipment Manufacturers (OEMs). Its service offerings have expanded to include:

1. Digitally Enabled Services: Registration and title transfer services, last-mile delivery, garage services, and regulatory compliance.

2. Digitally Enabled Channel Sales: Distribution of automotive components and accessories, now with over 150 distribution partners and a robust presence in electric vehicle registrations.

Their digital platforms, URJA and MyRaasta, streamline operations and enhance customer service, contributing to their reputation for innovation in the automotive sector. Rosmerta’s strategic partnerships with companies like Cars24, OLA Electric, and Royal Enfield further cement its industry standing.

### Competitive Strengths

1. Pioneering Digital Registration Services: Early entry and experience in digital automotive services provide an edge in efficiency and customer service.

2. Technological Infrastructure: Proprietary software like URJA and MyRaasta support smooth operations and enhance service delivery.

3. Nationwide Network: Their extensive distribution network across India enables efficient service to OEMs and automotive clients.

4. Extensive Domain Knowledge: In-depth understanding of the automotive industry and regulatory compliance requirements sets Rosmerta apart.

### IPO Structure and Allotment Details

Rosmerta Digital Services IPO is a book-built issue, with shares allotted in the following categories:

- QIBs: Not more than 50% of the net offer

- Retail Investors: At least 35% of the net issue

- HNIs (NII): At least 15% of the net offer

If you're an SME owner looking to explore IPO opportunities or have questions about the IPO, StartupLanes offers consultation for businesses aiming to list on the stock market. Click here to join the StartupLanes India WhatsApp Group for further discussion.

### Rosmerta’s Anchor Investor Details and Financial Metrics

Rosmerta Digital Services has already raised ?58.77 crore from anchor investors as of November 14, 2024, with shares locked in for 30 and 90 days for 50% and the remaining shares, respectively. Their current key performance indicators (as of September 30, 2024) demonstrate a market capitalization of ?780.36 crore, with a Return on Net Worth (RoNW) of 20.72%.

### Investment Considerations and Recommendations

Investors should assess the company’s competitive advantages, its early entry into digital registration services, and its innovative approach to channel sales within the automotive market. With a track record of exponential growth and a solid strategy for expanding digital service offerings, Rosmerta Digital Services stands as a promising IPO opportunity on the SME platform.

To join a community of investors actively discussing this IPO, click here to join the StartupLanes India WhatsApp Group for further discussion.

### Contact Information for Further Guidance

StartupLanes is available to answer questions regarding the IPO or provide SME listing consultation. Interested investors and business owners can join StartupLanes for assistance. Click here to join the StartupLanes India WhatsApp Group for further discussion. and engage with a network of experienced investors.

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### Glossary of Terms

Articles / Articles of Association

Unless the context otherwise requires, this term refers to the Articles of Association of Rosmerta Digital Services Limited, which may be amended periodically.

Associate Companies

This refers to a corporate body in which another company has a significant influence but is not a subsidiary. It includes joint ventures.

Audit Committee

The committee of the Board of Directors that serves as the Company’s Audit Committee, in compliance with Section 177 of the Companies Act, 2013, and its rules, as disclosed in the "Our Management" chapter on page 233 of this Red Herring Prospectus.

Auditors/ Statutory Auditors

Refers to S. S. Kothari Mehta & Co LLP, Chartered Accountants with firm registration number 000756N, the Statutory Auditors of Rosmerta Digital Services Limited.

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### Corporate Governance and Key Terms

Board of Directors / Board / Director(s)

The Board of Directors of Rosmerta Digital Services Limited, inclusive of all committees constituted by it.

Central Registration Centre (CRC)

An initiative by the Ministry of Corporate Affairs (MCA) in Government Process Re-engineering, aimed at providing expedited incorporation services. For more details, visit the MCA's official page.

Chief Financial Officer

The Chief Financial Officer of Rosmerta Digital Services Limited is Mr. Amit Kumar Somani.

Company Secretary and Compliance Officer

The Company Secretary and Compliance Officer is Mr. Kuntal Kar.

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### Legal Framework

Companies Act

Refers to the Companies Act, 2013, applicable to Rosmerta Digital Services Limited.

Depositories Act

This refers to the Depositories Act, 1996, as amended from time to time.

Director

The Director(s) of the Company, as specified in the context of the document.

Equity Shares and Equity Shareholders

Refers to the Equity Shares of Rosmerta Digital Services Limited, each with a face value of Rs. 2/- unless otherwise specified, and the individuals holding these shares.

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### Additional Entities and Definitions

Group Companies

As defined by SEBI ICDR Regulations, "Group Companies" include companies, other than promoters and subsidiaries, with related-party transactions disclosed in the Restated Financial Statements. The board has identified these companies per the Materiality Policy, outlined on page 274.

Independent Chartered Accountant (ICA)

An Independent Chartered Accountant, in this case, A Y & Company, Chartered Accountants (Firm Registration Number: 020829C, Peer Review No.: 013225).

Initial Public Offer Committee (IPO Committee)

This is a dedicated committee of the Board of Directors, established for the Initial Public Offering (IPO) in accordance with the Companies Act, 2013, and related rules, as detailed in the "Our Management" chapter on page 233.

Key Managerial Personnel / Key Managerial Employees

These personnel include the executives designated as per SEBI Regulations and the Companies Act, 2013. Detailed information is available in the "Our Management" chapter on page 233 of the Red Herring Prospectus.

Rosmerta Digital Services' IPO opens an exciting opportunity for investors looking to participate in a high-growth SME sector. Don't miss the chance to explore this IPO and connect with industry experts and fellow investors. For more guidance, visit StartupLanes or click here to join the StartupLanes India WhatsApp Group for further discussion, to stay updated on the latest IPO news and insights.