Rhetan TMT Ltd. IPO
Issue Price
₹70
GMP
—
Lot Size
2,000
Face Value
₹10
Issue Size
8,000,000 shares (aggregating up to ₹56 Cr)
Subscription
—
IPO Timeline
Open Date22-Aug-22
Close Date25-Aug-22
Allotment30-Aug-22
Refund Initiation1-Sep-22
Demat Credit2-Sep-22
UPI Mandate Deadline25-Aug-22
Listing Date5-Sep-22
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,792,000 (47%) | — | ₹2,654 Cr |
| Retail | — | 3,792,000 (47%) | — | ₹2,654 Cr |
| Market Maker | — | 416,000 (5%) | — | ₹29 Cr |
| Σ Total | — | 8,000,000 (100%) | — | ₹56,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹70
Face Value₹10
Lot Size2,000 shares
Issue Size8,000,000 shares (aggregating up to ₹56 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public7,584,000 shares (aggregating up to ₹53 Cr)
Amount InLakhs
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Retail1 lot(s)2,000 shares₹140,000
S-HNI2 lot(s)4,000 shares₹280,000
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 2,008 | 5,213 | 6,703 |
| Profit After Tax | -58 | 13 | 235 |
| Net Worth | 30 | 784 | 2,313 |
| Total Assets | 3,047 | 3,981 | 5,900 |
| Reserves & Surplus | -312 | -298 | 1,046 |
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E64
Post P/E—
Grey Market Premium (GMP)
—
Current 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. Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat - 382715 –
- 2. Funding Working capital requirements –
- 3. General Corporate Purpose –
Company Overview
Incorporated in 1984, Rhetan TMT Limited manufactures TMT Bars and Round Bars which are primarily used in the construction industry. The company's plant is located in Gujarat and is spread over 15,000 sq. yards. The company's products have been used in the construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.
Competitive Strengths :
- Well educated and experienced management.
- Group Synergies
- Location of the Manufacturing Unit
Company Information
Address7th Floor, Ashoka Chambers, Rasala Marg, Mithakhali, Ahmedabad, Gujarat, 380006
Phone9499850261
Emailrhetantmt@gmail.com
Websitehttp://www.rhetan.com/