IPO

Raw Edge Industrial Solutions Limited IPO

BSE SME

Offer Date: Jul 5, 2018 - Jul 10, 2018

₹ 115200 /1600 Shares

IPO Details

05 Jul, 2018

Open Date

10 Jul, 2018

Close Date

16 Jul, 2018

Allotment Date

18 Jul, 2018

Listing Date

Issue Price

Rs 72/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Private Limited

Market Lot

1600 Shares (Rs 1,15,200/-)

Lead Manager

Guiness Corporate Advisors Pvt. Ltd

Issue Size

Total 22,91,000 Equity Shares of Rs 10/- at a price of Rs 72/- per share aggregating to Rs 16.50 Cr# Fresh Issue of 16,81,200 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to 12.10 Cr# Offer for Sale of 6,10,000 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to Rs 4.40 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved10,88,00010,88,00021,76,000
Day 1 - 05-07-181,50,400 0.14 x8000 0.01 x1,58,400 0.07 x
Day 2 - 06-07-186,16,000 0.57 x1,08,800 0.10 x7,24,800 0.33 x
Day 3 - 09-07-1811,26,400 1.04 x3,23,200 0.30 x14,49,600 0.67 x
Day 4 - 10-06-1815,45,800 1.42 x8,51,200 0.78 x24,00,000 1.10 x
Day 4 - 05-06-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 0.74

P/E Ratio

97.92

RoNW

9.90%

Net Asset Value (NAV) ( post issue )

Rs 23.46

Company Financials All values are in ₹ Cr.

- Promoter(s)


Company Promoter(s)

  1. Mr. Bimal Rajkumar Bansal
  2. Mr. Sourabh Bimal Bansal
  3. Mr. Siddharth Bimal Bansal

IPO - Issue Objectives

  1. Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
  2. Fresh Issue(a) Expansion by setting up Manufacturing Unit.(b) Working Capital Margin.(c) General Corporate Purpose.(d) Meeting Public Issue Expenses.

IPO - FAQs

Ans. Raw Edge Industrial Solutions Limited IPO is a SME IPO. The issue is priced at Rs 72/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Jul 5, 2018, and closes on Jul 10, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Raw Edge Industrial Solutions Limited IPO opens on Jul 5, 2018 and closes on Jul 10, 2018.

Ans. The size of Raw Edge Industrial Solutions Limited IPO is Total 22,91,000 Equity Shares of Rs 10/- at a price of Rs 72/- per share aggregating to Rs 16.50 Cr# Fresh Issue of 16,81,200 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to 12.10 Cr# Offer for Sale of 6,10,000 Equity Shares of Rs 10/- each at a price of Rs 72/- per share aggregating to Rs 4.40 Cr.

Ans. The IPO price band is set between Rs 72/- Per Equity Share .

Ans. To apply for Raw Edge Industrial Solutions Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Raw Edge Industrial Solutions 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 Raw Edge Industrial Solutions Limited IPO is Jul 16, 2018.

Ans. The Raw Edge Industrial Solutions Limited IPO will be listed on Jul 18, 2018.

Ans. Follow the steps to check the allotment status for Raw Edge Industrial Solutions Limited IPO here.