Rajnandini Metal Limited IPO

NSE SME

Offer Date: Sep 24, 2018 - Sep 27, 2018

₹ 104000 /4000 Shares

IPO Details

24 Sep, 2018

Open Date

27 Sep, 2018

Close Date

04 Oct, 2018

Allotment Date

08 Oct, 2018

Listing Date

Issue Price

Rs 26/- Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Private Limited

Market Lot

4000 Shares ( Rs 1,04,000/- )

Lead Manager

Corporate Capital Ventures Private Limited

Issue Size

Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr

Retail Portion

N/A

Subscription

21,56,000 1.38 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	7,80,000	7,80,000	15,60,000
Day 1 - 24-09-18	14,96,000 1.92 x	20,000 0.03 x	15,16,000 0.97 x
Day 2 - 25-09-18	15,64,000 2.01 x	64,000 0.08 x	16,28,000 1.04 x
Day 3 - 26-09-18	18,32,000 2.35 x	1,24,000 0.16 x	19,56,000 1.25 x
Day 4 - 27-09-18	18,56,000 2.38 x	3,00,000 0.38 x	21,56,000 1.38 x

Valuations

Earnings Per Share (EPS)

Rs 1.53/-

P/E Ratio

16.95

RoNW

11.74%

Net Asset Value (NAV) ( Post Issue )

Rs 20.02/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
AKG Exim Limited	1.19	20.13	8.46%	112.35
Agro Tech Foods Limited	N/A	N/A	N/A	N/A
AuSom Enterprises Limited	N/A	N/A	N/A	N/A

- Promoter(s)

Company Promoter(s)

Mr. Het Ram
Mrs. Mithlesh Sharma

IPO - Issue Objectives

To meet out the Working Capital requirements of the Company. ( Rs 3.50 Cr )
General Corporate Purposes. ( Rs 0.42 Cr )
To meet the expenses of the Issue. ( Rs 0.35 Cr )

IPO - FAQs

Ans. Rajnandini Metal Limited IPO is a SME IPO. The issue is priced at Rs 26/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Sep 24, 2018, and closes on Sep 27, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rajnandini Metal Limited IPO opens on Sep 24, 2018 and closes on Sep 27, 2018.

Ans. The size of Rajnandini Metal Limited IPO is Fresh Issue of 16,44,000 Equity Shares of Rs 10/- at a price of Rs 26/- per share aggregating to Rs 4.27 Cr.

Ans. The IPO price band is set between Rs 26/- Per Equity Share .

Ans. To apply for Rajnandini Metal Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rajnandini Metal 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 Rajnandini Metal Limited IPO is Oct 4, 2018.

Ans. The Rajnandini Metal Limited IPO will be listed on Oct 8, 2018.

Ans. Follow the steps to check the allotment status for Rajnandini Metal Limited IPO here.