Rhetan TMT Limited
Fixed Price IPO · BSE
- Price band
- ₹70 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹56 cr
- Total subscription
- 1.47×
- Opens
- 22 Aug 2022
- Closes
- 25 Aug 2022
- Allotment
- 1 Sept 2022
- Listing
- 5 Sept 2022
Offer at a glance
Issue overview
- Issue size
- 80,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹56 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,40,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,32,50,000
- Shares after issue
- 2,12,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Rhetan TMT Limited, incorporated in 1984, is a manufacturer of TMT Bars and Round Bars used mainly in the construction industry. The company’s plant, located in Gujarat and spread over 15,000 sq. yards, produces products that have been utilized in the construction of dams, bridges, residential and commercial towers, and other major infrastructure projects in the state.
Strengths
- Experienced Management: Led by a well-educated and skilled team.
- Group Synergies: Benefits from collaboration and support within the group.
- Strategic Manufacturing Location: Positioned for efficient production and distribution.
Promoters
Ashoka Metcast Limited
Shalin Shah
Registrar & documents
Lead manager
Aryaman Financial Services limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7th Floor, Ashoka Chambers, Rasala Marg, Mithakhali, Ahmedabad- 380006
9499850261
[email protected]Company website ↗Understanding RHETAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.