IPO

Ratnabhumi Developers Limited IPO

BSE SME

Offer Date: Dec 4, 2017 - Dec 6, 2017

₹ 252000 /4000 Shares
*Min Investment

04 Dec, 2017

Open Date

06 Dec, 2017

Close Date

12 Dec, 2017

Allotment Date

14 Dec, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 63 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 37,00,000 Equity Shares of Rs 10/- each at a price of 63/- per share aggregating to 23.31 Cr
  • Listing at BSE SME
  • Lead Manager CORPORATE CAPITAL VENTURES PRIVATE LIMITED
  • Registrar Link Intime India Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Ratnabhumi Developers Limited IPO is an SME IPO, priced at Rs 63 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 Dec 4, 2017 to Dec 6, 2017. The allotment is expected to be finalized on Dec 12, 2017, and the tentative listing date is Dec 14, 2017.


The registrar of the IPO is Link Intime India Pvt. Ltd, and

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IPO Subscription Analysis And Details
Retail
12.00x
Total
52.00x
As on QIB / NII Retail Total
Shares Offered / Reserved 17,56,000 17,56,000 35,12,000
Day 1 04-12-17 
0.18 x 0.01 x 0.10 x
Day 2 05-12-17 
0.70 x 0.10 x 0.40 x
Day 3 06-12-17 05:30 PM
2.33 x 0.69 x 1.51 x
Valuations
Earnings Per Share (EPS) Rs 0.99
P/E Ratio 64
RoNW 13.31%
Net Asset Value (NAV) Rs 29.37
IPO - Issue Objectives
1

Acquisition of Land/Plot of Land and other strategic Initiatives

2

Capital Contribution towards 45% stake in Rajul Projects LLP - Project Ratna Artemus II- Paldi, Ahmedabad

3

General Corporate Purpose

4

To Meet the Issue Expenses