Ranjeet Mechatronics Limited IPO
BSE SME₹ 300000 /12000 Shares
*Min Investment
12 Sep, 2018
Open Date17 Sep, 2018
Close Date24 Sep, 2018
Allotment Date26 Sep, 2018
Listing DateIPO Issue Details
- Issue Price Rs 25/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 Cr
- Listing at BSE SME
- Lead Manager Beeline Broking Limited
- Registrar Alankit Assignments Limited
IPO Details
- Retail Portion N/A
IPO Details
Ranjeet Mechatronics Limited IPO is an SME IPO, priced at Rs 25/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 12, 2018 to Sep 17, 2018. The allotment is expected to be finalized on Sep 24, 2018, and the tentative listing date is Sep 26, 2018.
The registrar of the IPO is Alankit Assignments Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,52,000 | 8,52,000 | 17,04,000 |
Day 1 - 12-09-18 | 75,00,000 8.80 x | 19,14,000 2.25 x | 94,14,000 5.52 x |
Day 2 14-09-18 | 75,24,000 8.83 x | 41,94,000 4.92 x | 1,17,24,000 6.88 x |
Day 3 17-09-18 | 6,60,12,000 77.48 x | 5,28,48,000 62.03 x | 11,88,60,000 69.75 x |
Valuations
IPO - Issue Objectives
Net Incremental Working Capital Requirement.
General Corporate Purpose.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Ranjeet Mechatronics Limited IPO is a SME IPO. The issue is priced at Rs 25/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Sep 12, 2018, and closes on Sep 17, 2018. Alankit Assignments Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Ranjeet Mechatronics Limited IPO opens on Sep 12, 2018 and closes on Sep 17, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ranjeet Mechatronics Limited IPO is Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 Cr.
Ans. The Ranjeet Mechatronics Limited IPO price band is set between Rs 25/- Per Equity Share .
Ans. To apply for Ranjeet Mechatronics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ranjeet Mechatronics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ranjeet Mechatronics Limited IPO is Sep 24, 2018.
Ans. The Ranjeet Mechatronics Limited IPO will be listed on Sep 26, 2018.
Ans. Follow the steps to check the Ranjeet Mechatronics Limited IPO allotment status online.
