The Issue was made through the 8ook Building Process, in terms ot Rule 19(2)(b)(i) ot the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the SEBI ICDR Regulations, as amended, wherein not more than 50 % of the Net Issue was allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs", the "QIB Portion"), and there was no allocation out of the QIB Portion to Anchor Investors ("Anchor Investor Portion"), of which one-third was reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation m the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion was available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion was available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5% of the filet QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net CHB Portion lor proportionate allocation to QIBs. Further, not less than 15% of the Net Offer was available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Offer was available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations subject to valid Bids being receded at or above the issue Price All potential Bidders (except Anchor investors) were required to mandatorily utilise the Application Supported by Blocked Amount ("ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be. to the extent of respective Bid Amounts. Anchor Investors were not permitted to participate in the Issue through the ASBA process For details, see "Issue Procedure" beginning on page 171 of the Prospectus.

The Equity Shares offered through the Prospectus dated May 05, 2023 are proposed to be listed on the SME Platform of NSE ("NSE Emerge") in terms of the Chapter IX of the SEBI (ICDR) Regulations. 2018, as amended from time to time. Our Company has received an In Principal approval letter dated February 15, 2023 from NSE for using its name m the offer Documents for listing of our shares on the NSE Emerge. The trading is proposed to be commenced on or about May 11, 2023 subject to the receipt of listing and trading approval from NSE.

All Applicants were allowed to participate in the issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") Further for UPI Applicants (Investor bidding for amount upto Rs. 5 Lacs) use of UPI Id m Application form was allowed while applying for equity IPOs through Designated intermediaries (Syndicate Members, Registered Stock Brokers. Registrar and Transfer Agent and Depository Participants). All Other Category of investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) Facility for making payments. Subsequently, pursuant to SEBI circular No. SEBI/HO/CFD/DIL2/CIR/2022/75 dated May 30, 2022 applications made using the ASBA facility in Initial Public Offerings shall be processed only alter application monies are blocked in the bank account of investors (all categories).

There was no reservation for Anchor Investors in this Initial Public Offer.

The Issue received 8,374 Applications for 3,42,78,000 Equity Shares (before technical rejections) resulting in 15.05 times subscription (including reserved portion of market maker). The details of the Applications received in the Issue from various categories are as under (before technical rejections):

Detail of the Applications Received:

**We have not allocated any Equity Shares for Anchor Investors in this offer.

Final Demand:

A summary of the final demand as per NSE as on the Bid/ Issue Closing Date at different Bid prices is as under:

Sr. No.	Price	No. of applications	Sum quantity	Cumulative share	Percentage
1	100 00	4	8400	37806000	0.0222
2	101.00	5864	31340400	37797600	82.8980
3	95 00	32	51600	6457200	0.1365
4	96.00	3	3600	6405600	0.0095
5	97.00	1	4500	6402000	0.0127
6	98.00	8	10800	6397200	0.0286
7	99.00	5	8400	6386400	0.0222
6	CUTOFF	5315	6378000	6378000	16.8703
	TOTAL	11232	37806000		100.0000

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being National Stock Exchange of India Limited on May 08, 2023.

1)	Allotment to Retail Individual Investors (After Technical Rejections)
	The Basis of Allotment to the Retail Individual Investors, who have Bid at cut-off Price or at the issue Price of Rs. 101.00 per Equity Share, was finalized in consultation with National Stock
	Exchange of India Limited. The category has been subscribed to the extent of 12.31 times. The total number of Equity Shares Allotted in this category is 7,57,200 Equity Shares to 631 successful
	applicants. The details of the Basis of Allotment of the said category is as under:

Sr. No.	No. of Shares Applied for (Category Wise)	No. of Applications Received	% to Total	Total No. of Shares Applied in Each Category	%to Total	Propor tionate shares available	Allocation per Applicant		Ratio of allottees to applicants		Serial Number of Qualifying applicants	Number of successful applicant (after rounding OH)	% to total	Total no. of Shares Allocated.'' allotted	%to total	No. of Shares Surplus/ Deficit
							(before rounding off)	(alter rounding off)
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17
1	1200	7770	100.00	9324000	100.00	757200	97.45	1200	51	628		631	100.00	757200	100.00	0
	Grand Total	7770	100.00	9324000	100.00	757200						631	100.00	757200	100.00	0

2)	Allotment to Non-Institutional Investors (After Technical Rejections)
	The Basis of Allotment to the Non-institutional Investors, who have bid at the Issue Price of Rs. 101.00 per Equity Share, was finalized in consultation with National Stock Exchange of India
	Limited. The category has been subscribed to the extent of 62.70 times. The total number of Equity Shares Allotted in this category is 3.25,200 Equity Shares to 125 successful applicants. The
	details of the Basis of Allotment of the said category are as under:

Sr. No.	No. of Shares Applied for (Category Wise)	No. of Applications Received	% to Total	Total No. of Shares Applied in Each Category	% to  Total	Propor tionate shares available	Allocation per Applicant		Ratio of allottees to applicants		Serial Number of Qualifyingapplicants	Number of successful applicant (after rounding off)	% to total	Total no. of Shares Allocated,/ allotted	% to total	No. to Shares Surplus/ Deficit
							(before rounding off)	(after rounding off)
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17
1	2400	100	22.78	240000	1.18	3828	38.27	1200	3	100		3	2.34	3600	1.11	-228
2	3600	27	6.15	97200	0.48	1550	57.41	1200	1	27		1	0.78	1200	0.37	-350
3	4800	30	6.83	144000	0.71	2296	76.53	1200	1	15		2	1.56	2400	0.74	104
4	6000	24	5.47	144000	0.71	2297	95.67	1200	1	12		2	1.56	2400	0.74	103
5	7200	11	2.51	79200	0.39	1263	114.82	1200	1	11		1	0.78	1200	0.37	-63
6	8400	14	3.19	117600	0.58	1875	133.93	1200	1	14		1	1.56	1200	0.37	-675
7	9600	16	3.64	153600	0.75	2450	153.13	1200	1	8		2	1.56	2400	0.74	-50
8	10800	12	2.73	129600	0.64	2067	172 25	1200	1	6		2	1.56	2400	0.74	333
9	12000	28	6.38	336000	1.65	5358	191 36	1200	1	7		4	3.12	4800	1.48	-558
10	13200	14	3.19	184800	0.91	2947	210.5	1200	1	7		2	1.56	2400	0.74	-547
11	14400	4	0.91	57600	0.28	919	229.75	1200	1	4		1	0.78	1200	0.37	281
12	15600	6	1.37	93600	0.46	1493	248.83	1200	1	6		1	0.78	1200	0.37	-293
13	16800	7	1.59	117600	0.58	1875	267 86	1200	2	7		2	1.56	2400	0.74	525
14	18000	3	0.68	54000	0.26	861	287	1200	1	3		1	0.78	1200	0.37	339
15	19200	3	0.68	57600	0.28	919	306 33	1200	1	3		1	0.78	1200	0.37	281
16	20400	3	0.68	61200	0.30	976	325 33	1200	1	3		1	0.78	1200	0.37	224
17	21600	3	0.68	64800	0.32	1033	34433	1200	1	3		1	0.78	1200	0.37	167
18	24000	12	2.73	288000	1.41	4593	382.75	1200	1	3		4	3.12	4800	1.48	207
19	25200	4	0.91	100800	0.49	1608	402	1200	1	4		1	0.78	1200	0.37	-408
20	26400	2	0.46	52800	0.26	842	421	1200	1	2		1	0.78	1200	0.37	358
21	27600	1	0.23	27600	0.14	440	440	1200	0	0		0	0.00	0	0.00	-440
22	30000	4	0.91	120000	0.59	1914	478.5	1200	1	2		2	1.56	2400	0.74	486
23	31200	3	0.68	93600	0.46	1493	497 67	1200	1	3		1	0.78	1200	0.37	-293
24	32400	2	0.46	64800	0.32	1033	516.5	1200	1	2		1	0.78	1200	0.37	167
25	33600	3	0.68	100800	0.49	1608	536	1200	1	3		1	0.78	1200	0.37	-408
26	34800	1	0.23	34800	0.17	555	555	1200	0	0		0	0.00	0	0.00	-555
27	36000	2	0.46	72000	0.35	1148	574	1200	1	2		1	0.78	1200	0.37	52
23	37200	3	0.68	111600	0.55	1780	593.33	1200	1	3		1	0.78	1200	0.37	-580
29	38400	3	0.68	115200	0 56	1837	612.33	1200	1	3		1	1.56	1200	0.37	-637
30	39600	4	0.91	158400	0.78	2526	631.5	1200	1	2		2	1.56	2400	0.74	-126
31	40800	1	0.23	40800	0.20	651	651	1200	0	0			0.78		0.00	-651
32	42000	3	0.68	126000	0.62	2009	66967	1200	2	3		2	1.56	2400	0.74	391
33	43200	2	0.46	86400	0.42	1378	689	1200	1	2		1	0.78	1200	0.37	-178
34	44400	1	0.23	44400	0.22	708	708	1200	1	1		1	0.78	1200	0.37	492
35	45600	1	0.23	45600	0.22	727	727	1200	1	1		1	0.78	1200	0.37	473
36	48000	1	0.23	48000	0.24	766	765	1200	1	1		1	0.78	1200	0.37	434
37	49200	7	1.59	344400	1.69	5492	784.57	1200	5	7		5	3.91	6000	1.85	508
38	50400	1	0.23	50400	0.25	804	804	1200	1	1		1	0.78	1200	0.37	396
39	51600	2	0.46	103200	0.51	1646	823	1200	1	2		1	0.78	1200	0.37	-446
40	52800	1	0.23	52800	0.26	842	842	1200	1	1		1	0.78	1200	0.37	358
41	54000	2	0.46	108000	0.53	1722	861	1200	1	2		1	0.78	1200	0.37	-522
42	55200	1	0.23	55200	0.27	880	880	1200	1	1		1	0.78	1200	0.37	320
43	56400	3	0.68	169200	0.83	2698	899.33	1200	2	3		2	1.56	2400	0.74	-298
44	57600	1	0.23	57600	0.28	919	919	1200	1	1		1	0.78	1200	0.37	281
45	58800	1	0.23	58800	0.29	938	938	1200	1	1		1	0.78	1200	0.37	262
46	60000	4	0.91	240000	1.18	3828	956.75	1200	3	4		3	2.34	3600	1.11	-228
47	61200	2	0.46	122400	0.60	1952	976	1200	1	1		2	1.56	2400	0.74	448
48	62400	1	0.23	62400	0.31	995	995	1200	1	1		1	0.78	1200	0.37	205
49	68400	1	0.23	68400	0.34	1091	1091	1200	1	1		1	078	1200	0.37	109
50	70800	1	0.23	70800	0.35	1129	1129	1200	1	1		1	0.78	1200	0.37	71
51	72000	1	0.23	72000	0.35	1148	1148	1200	1	1		1	0.78	1200	0.37	52
52	75600	1	0.23	75600	0.37	1206	1206	1200	1	1		1	0.78	1200	0.37	-6
53	78000	2	0.46	156000	0.77	2488	1244	1200	1	1		2	1.56	2400	0.74	-88
54	81600	3	0.68	244800	1.20	3904	1301.33	1200	1	1		3	2.34	3600	1.11	-304
55	96000	3	0.68	288000	1.41	4593	1531	1200	1	1		3	2.34	3600	1.11	-993
			0.00		0.00			1200	1	3			0.00	1200	0.37	1200
56	99600	1	0.23	99600	0.49	1588	1588	1200	1	1		1	0.78	1200	0.37	-388
57	100800	1	0.23	100800	0.49	1608	1608	1200	1	1		1	0.78	1200	0.37	-408
58	106800	1	0.23	106800	0.52	1703	1703	1200	1	1		1	0.78	1200	0.37	-503
59	120000	4	0.91	480000	2.35	7655	1913.75	1200	1	1		4	3.12	4800	1.48	-2855
			0.00		0.00			1200	1	2			0.00	2400	0.74	2400
60	123600	1	0.23	123600	0.61	1971	1971	2400	1	1		1	0.78	2400	0.74	429
61	124800	1	0.23	124800	0.61	1990	1990	2400	1	1		1	0.78	2400	0.74	410
62	126000	1	0.23	126000	0.62	2009	2009	2400	1	1		1	0.78	2400	0.74	391
63	130800	1	0.23	130800	0 64	2086	2086	2400	1	1		1	0.78	2400	0.74	314
64	139200	1	0.23	139200	068	2220	2220	2400	1	1		1	0.78	2400	0.74	180
65	157200	1	0.23	157200	077	2507	2507	2400	1	1		1	0.78	2400	0.74	-107
66	162000	1	0.23	162000	0.79	2584	2584	2400	1	1		1	0.78	2400	0.74	-184
67	183600	2	0.46	367200	1.80	5856	2928	2400	1	1		2	1.56	4800	1.48	-1056
			0.00		0.00			1200	1	2			0.00	1200	0.37	1200
68	187200	1	0.23	187200	0.92	2985	2985	2400	1	1		1	0.78	2400	0.74	-585
69	198000	2	0.46	396000	1.94	6315	31575	2400	1	1		2	1.56	4800	1.48	-1515
			0.00		0.00			1200	1	2			0.00	1200	0.37	1200
70	200400	1	0.23	200400	0.98	3196	3196	3600	1	1		1	0.78	3600	1.11	404
71	210000	1	0.23	210000	1.03	3349	3349	3600	1	1		1	0.78	3600	1.11	251
72	217200	1	0.23	217200	1.07	3464	3464	3600	1	1		1	0.78	3600	1.11	136
73	240000	1	0.23	240000	1.18	3827	3827	3600	1	1		1	0.78	3600	1.11	-227
74	270000	1	0.23	270000	1.32	4306	4306	4800	1	1		1	0.78	4800	1.48	494
75	296400	1	0.23	296400	1.45	4727	4727	4800	1	1		1	0.78	4800	1.48	73
76	312000	1	0.23	312000	1.53	4976	4976	4800	1	1		1	0.78	4800	1.48	-176
77	334800	1	0.23	334800	1.64	5339	5339	4800	1	1		1	0.78	4800	1.48	-539
78	348000	1	0.23	348000	1.71	5550	5550	6000	1	1		1	0.78	6000	1.85	450
79	360000	1	0.23	360000	1.77	5741	5741	6000	1	1		1	0.78	6000	1.85	259
80	361200	1	0.23	361200	1.77	5760	5760	6000	1	1		1	0.78	6000	1.85	240
81	388800	1	0.23	388800	1.91	6200	6200	6000	1	1		1	0.78	6000	1.85	-200
82	414000	2	0.46	828000	4.06	13205	6602.5	6000	1	1		2	1.56	12000	3.68	-1205
			0.00		0.00			1200	1	2			0.00	1200	0.37	1200
83	420000	1	0.23	420000	2.06	6698	6698	7200	1	1		1	0.78	7200	2.21	502
84	440400	2	0.46	880800	4.32	14047	70235	7200	1	1		2	1.56	14400	4.42	353
85	466800	1	0.23	466800	2.29	7444	7444	7200	1	1		1	0.78	7200	2.21	-244
86	468000	1	0.23	468000	2.30	7464	7464	7200	1	1		1	0.78	7200	2.21	-264
87	494400	1	0.23	494400	2.42	7885	7885	8400	1	1		1	0.78	8400	2.58	515
88	1082400	4	0.91	4329600	21.23	69047	17261 75	16800	1	1		4	3.12	67200	20.63	-1847
			0.00		0.00			1200	1	4			0.00	1200	0.37	1200
	Grand Total	439	100.00	20391600	100.00	325200						125	100.00	325200	100.00	0

3)	Allotment to QIBs excluding Anchor Investors (Alter Technical Rejections)
	Allotment to QIBs, who have bid at the Issue Price of Rs. 101.00 per Equity Share, has been done on full and firm basis in consultation with National Stock Exchange of India Limited. This
	category has been subscribed to the extent of 3.87 times of QIB portion The total number of Equity Shares allotted in the QIB category is 10.78.800 Equity Shares, winch were allotted to 6
	successful Applicants.

Category	AIF	FI	BANKS	FIIs/FPIs	MFs	NBFCs	OTHs	Total
QIB	2	-	1	1	-	2	1	6

4)	Allotment to Anchor Investors (After Technical Rejections)
	We have not allocated any Equity Shares for Anchor Investors in this Offer.

5)	Market Maker's Category (After Technical Rejections): The basis of allotment to Market
	maker, at the issue price of Rs. 101 per equity share, was finalised in consultation with National
	Stock Exchange of India Limited. The category was subscribed to 1.00 time. The total no. of shares
	allotted in this category is 1,15,200 Equity Shares.

Sr. No.	No. of Shares Applied for (Category Wise)	No. of Applications Received	% to Total	Total No. of Shares Applied in Each Category	% to Total	Proportionate shares available	Allocation per Applicant		Ratio of allottees to applicants		Serial Number of Qualifying applicants	Number of successful applicant (after rounding off)	%to total	Total no. of Shares Allocated/ allotted	%to total	No. Of Shares Surplus/ Deficit
							(before rounding off)	(after rounding off)
1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17
1	115200	1	100.00	115200	100 00	115200	115200	115200	1	1		1	100.00	115200	100.00	0
	Grand Total	1	100.00	115200	100.00	115200						1	100.00	115200	100.00	0

The Board of Directors of our Company at its meeting held on May 08,2023 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being National Stock Exchange, of India limited and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation has been sent through email at the email addresses registered with the depositories on May 09, 2023. Further, instructions to the SCSBs have been dispatched/mailed for unblocking of funds and transfer to the Public Issue Account on or before May 08, 2023. in case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of accounts details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from National Stock Exchange of India Limited and the trading of the Equity Shares is expected to commence on May 11, 2023.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them m the Prospectus dated May 05, 2023 filed with the Registrar of Companies. Delhi ("RoC").

INVESTORES PLEASE NOTE

These details of the Allotment made has been hosted on the website of Registrar to the Offer, Bigshare Services Private Limited at www.bigshareonline.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting fun name ol the First' Sole applicant, Serial number of the ASBA form, number of Equity Shares bid for, Bidders DP ID, Client ID, PAN, date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application form was submitted by the Bidder and Copy of the Acknowledgment slip received from the Designated intermediary and name of the Member of the Syndicate, place where the bid was submitted and payment details at the address given below:

	Bigshare Services Private Limited
	S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre,
	Andheri East, Mumbai- 400093, Maharashtra India
	Tel: (022) 6263 8200 | E-mail: ipo@bigshareonline.com
	Investor grievance e-mail: investor@bigshareonline.com | Website: www.bigshareonline.com;
	Contact person: Mr. Swapnil Kate | SEBI Regn. No.: INR000001385

	For and on behalf of the Board of Directors
	De Neers Tools Limited
	Sd/-
	Kanav Gupta
Place: New Delhi	Chief Financial Officer and Whole Time Director
Date: May 10, 2023	DIN: 06802701

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES OH LISTING OR THE BUSINESS PROSPECTS OF DE NEERS TOOLS LIMITED.

Disclaimer: De Neers Tools Limited has filed the Prospectus with the RoC on May 08, 2023 and thereafter with the Stock Exchange. The Prospectus is available on the website of SME Platform of National Stock Exchange of India Limited at www.nseindia.com and on the websites of the BRLMs, Khambatta Securities Limited at www.khambattasecurities.com and Share India Capital Services Private Limited at www.shareindia.com Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, please see "Risk factors" beginning on page 23 of the Prospectus.

The Equity Shares have not been and will not be registered under the U S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States, and unless so registered, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to. the registration requirements of the Securities Act and m accordance with any applicable U S. state securities. The Equity Shares are being offered and sold outside the United Slates in offshore transactions in reliance on Regulation under the Securities Act and the applicable laws of each jurisdiction where such offers and sales are made. There will be no public offering in the United States.

 

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