Rhetan TMT IPO date is mounted, The IPO is to open on August 22 and can shut on August 25, 2022. Rhetan TMT Restricted firm is a producer of TMT Bars and Spherical Bars. Their merchandise are used within the building business. Rhetan TMT was included in 1984 and relies in Ahmedabad, Gujarat. The corporate is promoted by Shalin Shah and Ashok Shah. The group is actively engaged within the manufacturing of premium high quality TMT Bars confirming ISI Requirements.
Their TMT Bars have a lot greater Yield Power (Fe 500 grade) and Tensile Power values as in comparison with regular bars. The Spherical bars are manufactured utilizing high-quality gentle metal, these bars are in adherence with worldwide high quality requirements. The plan is unfold over 15000 sq. yards positioned in Gujarat. The merchandise are primarily used within the building of dams, bridges, and residential and industrial tasks.
Rhetan TMT is a BSE SME IPO to lift ₹56 crores by way of IPO. The Rhetan TMT IPO worth band is mounted at ₹70 with a market lot of 2000 shares. You may verify Rhetan TMT IPO subscription standing and Rhetan TMT IPO allotment standing on their respective pages.
Objects of the Situation:
- Funding capital expenditure for growth and modernization at 325, Karannagar, Kadi-Kalol Highway, Taluka Kadi, Dist. Mehsana, Gujarat – 382715
- Funding Working capital necessities
- Basic Company Function
Rhetan TMT IPO Evaluation
Date |
GMP |
Kostak | Topic to |
24 August | -₹1 | ₹- | ₹- |
Rhetan TMT IPO Date & Value Band
Rhetan TMT IPO Open: | August 22, 2022 |
Rhetan TMT IPO Shut: | August 25, 2022 |
Rhetan TMT IPO Measurement: | Approx ₹56 Crores, 8,000,000 Fairness Shares |
Face Worth: | ₹10 Per Fairness Share |
Rhetan TMT IPO Value Band: | ₹70 Per Fairness Share |
Rhetan TMT IPO Itemizing on: | BSE SME |
Retail Quota: | 50% |
QIB Quota: | -% |
NII Quota: | 50% |
DRHP Draft Prospectus: | Click on Right here |
RHP Draft Prospectus: | Click on Right here |
Rhetan TMT IPO Market Lot
The Rhetan TMT IPO minimal market lot is 2000 shares with a ₹140,000 utility quantity.
Minimal IPO Lot Measurement: | Minimal 2000 Shares for 1 lot |
Minimal Quantity: | ₹140,000 for 1 lot |
Rhetan TMT IPO Allotment & Itemizing Dates
The Rhetan TMT IPO date is August 22 and the IPO shut date is August 25. The IPO allotment date is August 30 and the IPO may record on September 5.
Rhetan TMT IPO Open Date: | August 22, 2022 |
Rhetan TMT IPO Shut Date: | August 25, 2022 |
Foundation of Allotment: | August 30, 2022 |
Refunds: | September 1, 2022 |
Credit score to Demat Account: | September 2, 2022 |
Rhetan TMT IPO Itemizing Date: | September 5, 2022 |
Rhetan TMT IPO Type
Tips on how to apply Rhetan TMT IPO? You may apply Rhetan TMT IPO by way of ASBA accessible in your checking account. Simply go to the net financial institution login and apply by way of your checking account by deciding on the Rhetan TMT IPO within the Make investments part. The opposite choice you may apply Rhetan TMT IPO by way of IPO kinds obtain by way of the BSE web site. Take a look at the Rhetan TMT kinds – click on BSE IPO Types obtain, fill and submit in your financial institution or along with your dealer.
Rhetan TMT Firm Monetary Report
₹ in Crores | |||||
Income | Expense | PAT | |||
2020 | ₹20.08 | ₹19.98 | ₹0.58 | ||
2021 | ₹52.13 | ₹51.95 | ₹0.13 | ||
2022 | ₹67.03 | ₹64.16 | ₹2.34 |
Rhetan TMT IPO Valuation – FY2022
Examine Rhetan TMT IPO valuations element like Incomes Per Share (EPS), Value/Incomes P/E Ratio, Return on Web Value (RoNW), and Web Asset Worth (NAV) particulars.
Incomes Per Share (EPS): | ₹2.00 per Fairness Share |
Value/Incomes P/E Ratio: | 35.00 |
Return on Web Value (RoNW): | 10% |
Web Asset Worth (NAV): | ₹17.46 per Fairness Share |
Peer Group
- Unbelievable Industries Ltd
- Hariom Pipe Industries Restricted
- Supershakti Metaliks Restricted
- Kamdhenu Restricted
Firm Promoters
- Ashoka Metcast Restricted
- Shalin Shah
Rhetan TMT IPO Registrar
Bigshare Companies Pvt Ltd
Cellphone: +91-22-6263 8200
E mail: [email protected]
Web site: http://www.bigshareonline.com
Rhetan TMT IPO Allotment Standing
Examine Rhetan TMT IPO allotment standing on Bigshare web site URL. Click on Right here
Rhetan TMT IPO Lead Managers
- Aryaman Monetary Companies restricted
Firm Tackle
Rhetan TMT Restricted
seventh Flooring, Ashoka Chambers,
Rasala Marg, Mithakhali,
Ahmedabad- 380006
Cellphone: 9499850261
E mail: [email protected]
Web site: http://www.rhetan.com/
Rhetan TMT IPO FAQs
What’s Rhetan TMT IPO?
Rhetan TMT IPO is an BSE SME IPO. They’ll elevate ₹56 Crores by way of IPO. The problem is priced at ₹70 per fairness share. The IPO is to be listed on BSE.
When Rhetan TMT IPO will open?
What’s Rhetan TMT IPO Traders Portion?
Tips on how to Apply the Rhetan TMT IPO?
Tips on how to Apply the Rhetan TMT IPO by Zerodha?
Tips on how to Apply the Rhetan TMT IPO by Upstox?
Tips on how to Apply the Rhetan TMT IPO by Paytm Cash?
What’s Rhetan TMT IPO Measurement?
What’s Rhetan TMT IPO Value Band?
Rhetan TMT IPO Value Band is ₹70 per fairness share.
What’s Rhetan TMT IPO Minimal and Most Lot Measurement?
What’s Rhetan TMT IPO Allotment Date?
What’s Rhetan TMT IPO Itemizing Date?
Be aware: The Rhetan TMT IPO particulars are introduced formally. The IPO gray market premium (Rhetan TMT IPO Premium) is up to date on the respective web page. You may verify our IPO gray market web page for day by day updates.)
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