Raw Edge Industrial Solutions Limited IPO
BSE SME₹ 230400 /3200 Shares
*Min Investment
05 Jul, 2018
Open Date10 Jul, 2018
Close Date16 Jul, 2018
Allotment Date18 Jul, 2018
Listing DateIPO Issue Details
- Issue Price Rs 72/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Total 22,91,000 Equity Shares of Rs 10/- at a price of Rs 72/- per share aggregating to Rs 16.50 Cr# Fresh Issue of 16,81,200 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to 12.10 Cr# Offer for Sale of 6,10,000 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to Rs 4.40 Cr
- Listing at BSE SME
- Lead Manager Guiness Corporate Advisors Pvt. Ltd
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Raw Edge Industrial Solutions Limited IPO is an SME IPO, priced at Rs 72/- 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 Jul 5, 2018 to Jul 10, 2018. The allotment is expected to be finalized on Jul 16, 2018, and the tentative listing date is Jul 18, 2018.
The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 10,88,000 | 10,88,000 | 21,76,000 |
Day 1 - 05-07-18 | 1,50,400 0.14 x | 8000 0.01 x | 1,58,400 0.07 x |
Day 2 06-07-18 | 6,16,000 0.57 x | 1,08,800 0.10 x | 7,24,800 0.33 x |
Day 3 09-07-18 | 11,26,400 1.04 x | 3,23,200 0.30 x | 14,49,600 0.67 x |
Day 4 10-06-18 | 15,45,800 1.42 x | 8,51,200 0.78 x | 24,00,000 1.10 x |
Day 4 05-06-18 | N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Expansion by setting up Manufacturing Unit.(b) Working Capital Margin.(c) General Corporate Purpose.(d) Meeting Public Issue Expenses.
IPO - FAQs
Ans. Raw Edge Industrial Solutions Limited IPO is a SME IPO. The issue is priced at Rs 72/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Jul 5, 2018, and closes on Jul 10, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Raw Edge Industrial Solutions Limited IPO opens on Jul 5, 2018 and closes on Jul 10, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Raw Edge Industrial Solutions Limited IPO is Total 22,91,000 Equity Shares of Rs 10/- at a price of Rs 72/- per share aggregating to Rs 16.50 Cr# Fresh Issue of 16,81,200 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to 12.10 Cr# Offer for Sale of 6,10,000 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to Rs 4.40 Cr.
Ans. The Raw Edge Industrial Solutions Limited IPO price band is set between Rs 72/- Per Equity Share .
Ans. To apply for Raw Edge Industrial Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Raw Edge Industrial Solutions 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 Raw Edge Industrial Solutions Limited IPO is Jul 16, 2018.
Ans. The Raw Edge Industrial Solutions Limited IPO will be listed on Jul 18, 2018.
Ans. Follow the steps to check the Raw Edge Industrial Solutions Limited IPO allotment status online.
