RBM Infracon IPO Subscription Status [ Final ]

The RBM Infracon IPO has begun on 23 Dec 2022. It will close on 27 Dec 2022. The Total IPO Size is 8.37 Crore. The company set its IPO price is 36 Rs Per Share. Basically, there are two basic categories in RBM Infracon IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).

RBM Infracon is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers.

The Company is involved in ARC (Annual Rate Contracts) Mechanical job (Static +Rotary) at Nayara in different plant like crude Crude ( CDU-VDU) , DHDS, FCCU, NHT-CCR, HMU-I & II , VGO –DHDT-ISOM,
CPP ( Boiler , Piping HT job with IBR coordination ), DCU( Coker) Utility,Off site , RTF (Pit area) dispatch , Rail and Jetty with around 650 Manpower and also involve in ARC maintenance job in RIL-Jamnagar and YARA-Babrala.

They have work order book of approximately ₹ 121 Crores (Including GST) as on September 06, 2022.

RBM Infracon IPO Subscription Status NSE

Day 1 (times) Day 2 (times) Day 3 (times)
NII 0.34 0.86 46.32
Retail 1.05 4.63 34.32
Total 0.70 2.75 40.32

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