RCI Industries & Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,368,000 (48%) | — | ₹547 Cr |
| Retail | — | 1,368,000 (48%) | — | ₹547 Cr |
| Market Maker | — | 144,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 2,880,000 (100%) | — | ₹11,520 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working Capital Requirement – 9.00
- 2 General Corporate Purposes – 1.97
- 3 Issue Expenses – 0.55
Company Overview
Incorporated in 1992, RCI Industries and Technologies Ltd (RCIITL) is engaged in the sphere of offering and exporting Copper Wires which include Annealed Copper Wire, Bunched Copper Wire Ropes and Copper Ingots, which are used in different electrical and industrial applications.
RCIITL is a diversified turnover conglomerate and are committed towards high quality products & credit with several innovations over last twenty one years. In past few years the company has consolidated its position through successful forays into diversified sectors like trading of all types of ferrous and Non ferrous Metals such as Copper Wires, ingot, scrap, power cables and other related items used in various electrical and industrial applications. Company also exports Indian Handicrafts especially metal based. RCIITL operates as an important intermediary in the Metals Supply Chain whereby it import/purchase materials such as Annealed/Un-Annealed Copper Wires, Bunched Copper Wires, Aluminium Wires etc. from various suppliers and supply the same to customers in the Metal Business. It offers a diversified product range which includes variety of grades, thickness, widths and standards, in of all types of ferrous and Non ferrous Metals according to customer specifications.