Rhetan TMT Limited IPO
Rhetan TMT Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹70 per share. The stock debuted at ₹70 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Rhetan TMT Limited IPO
- IPO Dates
- Aug 22, 2022 – Aug 25, 2022
- Price band
- ₹70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) #Fresh Issue: 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr)
- Lot size
- 2000
- Allotment Date
- Sep 1, 2022
- Listing
- Sep 5, 2022
- Listing At
- BSE SME
IPO timeline
-
Aug 22, 2022
Open Date
Completed
-
Aug 25, 2022
Close Date
Completed
-
Sep 1, 2022
Allotment Date
Completed
-
Sep 5, 2022
Listing Date
Completed
Rhetan TMT Limited IPO Essentials
Rhetan TMT Limited IPO Details
Rhetan TMT Limited IPO is priced at ₹70 per share with a total issue size of 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) #Fresh Issue: 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr)
#Fresh Issue: 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) - Listing at
- BSE SME
- List price
- 70.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Aryaman Financial Services limited
Rhetan TMT Limited IPO Analytics
Rhetan TMT Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rhetan TMT Limited IPO Subscription Status
Rhetan TMT 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 | 3,792,000 | 3,792,000 | 7,584,000 |
|
Day 1
22-08-22 06:00 PM
|
(2.10) x | 0.13 x | 1.12 x |
|
Day 2
23-08-22 06:00 PM
|
(2.10) x | 0.32 x | 1.21 x |
|
Day 3
24-08-22 06:00 PM
|
(2.11) x | 0.53 x | 1.32 x |
|
Day 4
25-08-22 06:00 PM
|
(2.18) x | 0.76 x | 1.47 x |
Rhetan TMT Limited Valuations
Earnings
- EPS (Post IPO)
- ₹2.00/-
- P/E Ratio
- 35
Returns
- RoNW
- 10%
Rhetan TMT Limited Financials( In Lakhs)
| 30-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 5900.06 | 3980.65 | 3046.86 |
| Revenue | 6703.45 | 5213.01 | 2008.26 |
| Profit After Tax | 234.57 | 13.44 | (58.04) |
Rhetan TMT Limited Company & Offer Insights
About Rhetan TMT Limited
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.
Rhetan TMT Limited Promoter(s)
Ashoka Metcast Limited, Shalin Shah are the company's promoters of Rhetan TMT Limited.
Rhetan TMT Limited IPO Issue Objectives
- •
- Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat - 382715
- •
- 2Funding Working capital requirements
- •
- General Corporate Purpose
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Rhetan TMT Limited IPO is a Fixed Priced IPO worth ₹8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) #Fresh Issue: 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr). The issue price is ₹70 per share (fixed price). The IPO opens on Aug 22, 2022 and closes on Aug 25, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Rhetan TMT Limited IPO is ₹70 per share (fixed price).
The lot size of Rhetan TMT Limited IPO is 2000 shares.
The minimum investment for Rhetan TMT Limited IPO is approximately ₹1,40,000 based on the issue price .
Rhetan TMT Limited IPO opens on Aug 22, 2022 and closes on Aug 25, 2022.
The allotment date of Rhetan TMT Limited IPO is Sep 1, 2022.
Rhetan TMT Limited IPO is expected to be listed on Sep 5, 2022, on BSE SME Platform.
Rhetan TMT Limited IPO valuation snapshot: P/E 35, EPS ₹2.00/-, P/B N/A, RoNW 10%, and market cap N/A.
To apply for Rhetan TMT 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 Rhetan TMT 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 Rhetan TMT Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rhetan TMT Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rhetan TMT Limited IPO allotment status on IPO Ji for quick and easy access.