Ranjeet Mechatronics Limited IPO
BSE SMEOffer Date: Sep 12, 2018 - Sep 17, 2018
₹ 150000 /6000 Shares
IPO Details
12 Sep, 2018
Open Date17 Sep, 2018
Close Date24 Sep, 2018
Allotment Date26 Sep, 2018
Listing DateIssue Price
Rs 25/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Alankit Assignments LimitedMarket Lot
6000 Shares (Rs 1,50,000/-)Lead Manager
Beeline Broking LimitedIssue Size
Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 CrRetail Portion
N/ASubscription
11,88,60,000 69.75 timesIPO Docs
No related IPO documents available.
IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,52,000 | 8,52,000 | 17,04,000 |
| Day 1 - 12-09-18 | 75,00,000 8.80 x | 19,14,000 2.25 x | 94,14,000 5.52 x |
| Day 2 - 14-09-18 | 75,24,000 8.83 x | 41,94,000 4.92 x | 1,17,24,000 6.88 x |
| Day 3 - 17-09-18 | 6,60,12,000 77.48 x | 5,28,48,000 62.03 x | 11,88,60,000 69.75 x |
Valuations
Earnings Per Share (EPS)
Rs 1.38/-P/E Ratio
18.07RoNW
35.30%Net Asset Value (NAV Post Issue)
Rs 15.37/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
- Promoter(s)
Company Promoter(s)
- Mr Rakesh Vallabhbhai Swadia
- Mr Devarshi Rakesh Swadia
IPO - Issue Objectives
- Net Incremental Working Capital Requirement.
- General Corporate Purpose.
IPO - FAQs
Ans. Ranjeet Mechatronics Limited IPO is a SME IPO. The issue is priced at Rs 25/- Per Equity Share . The minimum order quantity is 6000 Shares. The IPO opens on Sep 12, 2018, and closes on Sep 17, 2018. Alankit Assignments Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Ranjeet Mechatronics Limited IPO opens on Sep 12, 2018 and closes on Sep 17, 2018.
Ans. The size of Ranjeet Mechatronics Limited IPO is Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 Cr.
Ans. The IPO price band is set between Rs 25/- Per Equity Share .
Ans. To apply for Ranjeet Mechatronics Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ranjeet Mechatronics 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 Ranjeet Mechatronics Limited IPO is Sep 24, 2018.
Ans. The Ranjeet Mechatronics Limited IPO will be listed on Sep 26, 2018.
Ans. Follow the steps to check the allotment status for Ranjeet Mechatronics Limited IPO here.
