The Rhetan TMT IPO has begun on 22 Aug 2022. It will close on 25 Aug 2022. The Total IPO Size is 56 Crore. The company set its IPO price is 70 Rs Per Share. Basically, there are two basic categories in Rhetan TMT IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Rhetan TMT is established in 1984.
Rhetan TMT is a manufacturer TMT Bars and Round Bars which are primarily used in the construction industry. The TMS Bars used in to develop bridges, Dams, High-rise apartments, Industrial structures, and Flyovers.
The manufacturing facility is situated at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana.
Check :- Upcoming SME IPO 2022
Company Strengths
1) Well educated and experienced management
2) Group Synergies
3) Location of the Manufacturing Unit
Industry Peers
1) Incredible Industries Ltd
2) Gallantt Metal Limited
3) Supershakti Metaliks Limited
4) Kamdhenu Limited
Rhetan TMT IPO Promotors
1) Ashoka Metcast Limited
2) Shalin Shah
Rhetan TMT IPO Date, Details & Price Band
| IPO Opening Dates | 22 Aug 2022 |
| IPO Closing Dates | 25 Aug 2022 |
| Price Band | 70 Rs Per Share |
| Fresh issue | 56.00 Crore ( 8,000,000 Share) |
| Offer for Sale | N/A |
| Total IPO size | 56.00 Crore ( 8,000,000 Share) |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Rhetan TMT IPO Market Lot
The Rhetan TMT IPO minimum market lot is 2000 shares With 1,40,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,40,000 Rs |
| Maximum | 1 | 2000 | 1,40,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 5900.06 | 6703.45 | 234.57 | 2.00 |
| 31-Mar-21 | 3980.65 | 5213.01 | 13.44 | 0.18 |
| 31-Mar-20 | 3046.86 | 6703.45 | -58.04 | (1.45) |
Rhetan TMT IPO GMP & Grey Market Premium
Rhetan TMT IPO GMP Grey market premium has been started today. Check Latest Rhetan TMT IPO GMP, Kostak Rates and Subject to Sauda Price here.
Rhetan TMT IPO Prospectus
| DRHP | Download |
| RHP | Download |
Rhetan TMT IPO Reviews
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Rhetan TMT IPO Form Download
Rhetan TMT IPO available on BSE Website as well as on our Portal. Please click here Rhetan TMT IPO forms Download.
Rhetan TMT IPO Allotment Date & Details
| Allotment Date | 30 Aug 2022 |
| Initiation of refunds | 1 Sep 2022 |
| Transfer of shares to Demat accounts | 2 Sep 2022 |
| Listing Date | 5 Sep 2022 |
| Check Allotment Status | Click here |
Registrar of Rhetan TMT IPO
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Email:[email protected]
Website:www.bigshareonline.com
Investor Grievance Email:[email protected]
Contact Person: Babu Rapheal
SEBI Registration No.: INR000001385
Rhetan TMT Contact Details
7th Floor, Ashoka Chambers, Rasala Marg,
Mithakhali, Ahmedabad- 380006,
Gujarat.
Email:[email protected]
Telephone: +91-9499850261
http://www.rhetan.com/
Rhetan TMT IPO Lead Managers
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001.
Tel: +91 – 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Investor Grievance Email: [email protected]
Contact Person: Vatsal Ganatra
SEBI Registration No.: INM000011344