Rajnandini Metal Limited IPO
Rajnandini Metal Limited is an NSE SME IPO is priced at ₹26 per share with an issue size of Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr. The IPO opens on Sep 24, 2018 and closes on Sep 27, 2018, with a lot size of 4000 shares and a minimum investment of ₹1,04,000.
Rajnandini Metal Limited IPO
- IPO Dates
- Sep 24, 2018 – Sep 27, 2018
- Price band
- ₹26 per equity share
- Minimum Investment
- ₹1,04,000
- Issue size
- Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr
- Lot size
- 4000
- Allotment Date
- Oct 4, 2018
- Listing
- Oct 8, 2018
- Listing At
- NSE SME
IPO timeline
-
Sep 24, 2018
Open Date
Completed
-
Sep 27, 2018
Close Date
Completed
-
Oct 4, 2018
Allotment Date
Completed
-
Oct 8, 2018
Listing Date
Completed
Rajnandini Metal Limited IPO Essentials
Rajnandini Metal Limited IPO Details
Rajnandini Metal Limited IPO is priced at ₹26 per share with a total issue size of Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr. The IPO has a lot size of 4000 shares and will be listed on NSE SME.
- Issue price
- Rs 26/- Per Equity Share
- Lot size
- 4000 shares
- Face value
- Rs 10 Per Equity Share
- Issue size
- Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr
- Listing at
- NSE SME
- List price
- Listing date
- Registrar
- Bigshare Services Private Limited
- Lead manager
-
Corporate Capital Ventures Private Limited
Rajnandini Metal Limited IPO Details
- Retail Portion N/A
Rajnandini Metal Limited IPO Analytics
Rajnandini Metal Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rajnandini Metal Limited IPO Subscription Status
Rajnandini Metal Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,80,000 | 7,80,000 | 15,60,000 |
|
Day 1
24-09-18
|
14,96,000 (1.92) x | 0.03 x | 0.97 x |
|
Day 2
25-09-18
|
15,64,000 (2.01) x | 0.08 x | 1.04 x |
|
Day 3
26-09-18
|
18,32,000 (2.35) x | 0.16 x | 1.25 x |
|
Day 4
27-09-18
|
18,56,000 (2.38) x | 0.38 x | 1.38 x |
Rajnandini Metal Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 1.53/-
- P/E Ratio
- 16.95
Returns
- RoNW
- 11.74%
Rajnandini Metal Limited Company & Offer Insights
Rajnandini Metal Limited IPO Issue Objectives
- •
- To meet out the Working Capital requirements of the Company. ( Rs 3.50 Cr )
- •
- General Corporate Purposes. ( Rs 0.42 Cr )
- •
- To meet the expenses of the Issue. ( Rs 0.35 Cr )
Rajnandini Metal Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| AKG Exim Limited | 1.19 | 20.13 | 8.46% | 112.35 |
| Agro Tech Foods Limited | N/A | N/A | N/A | N/A |
| AuSom Enterprises Limited | N/A | N/A | N/A | N/A |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Rajnandini Metal Limited IPO is a Fixed Priced IPO worth ₹Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr. The issue price is ₹26 per share (fixed price). The IPO opens on Sep 24, 2018 and closes on Sep 27, 2018. It will be listed on NSE SME Platform. Bigshare Services Private Limited is the registrar.
The issue price of Rajnandini Metal Limited IPO is ₹26 per share (fixed price).
The lot size of Rajnandini Metal Limited IPO is 4000 shares.
The minimum investment for Rajnandini Metal Limited IPO is approximately ₹1,04,000 based on the issue price .
Rajnandini Metal Limited IPO opens on Sep 24, 2018 and closes on Sep 27, 2018.
The allotment date of Rajnandini Metal Limited IPO is Oct 4, 2018.
Rajnandini Metal Limited IPO is expected to be listed on Oct 8, 2018, on NSE SME Platform.
Rajnandini Metal Limited IPO valuation snapshot: P/E 16.95, EPS Rs 1.53/-, P/B N/A, RoNW 11.74%, and market cap N/A.
To apply for Rajnandini Metal Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rajnandini Metal Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rajnandini Metal Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rajnandini Metal Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rajnandini Metal Limited IPO allotment status on IPO Ji for quick and easy access.