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Rhetan TMT Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹70
Issue Price
₹70
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹70
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹140,000
1 lot · 2,000 shares
Opens
22 Aug
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
22 Aug 2022
Mon Completed
Done
Close Date
25 Aug 2022
Thu Completed
Done
Allotment
30 Aug 2022
Tue Completed
Done
Refund
01 Sep 2022
Thu Completed
Done
Demat Credit
02 Sep 2022
Fri Completed
Done
Listing Date
05 Sep 2022
Mon Completed
UPI Deadline: 25 Aug 2022
Issue Details
Pricing & Size
Issue Price
₹70 Face ₹10
Lot Size
2,000 shares
Min Investment
₹140,000
Total Issue Size
80,00,000 shares (aggregating up to ₹56.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
4,16,000 (5.20%)
QIB Portion
-
NII / HNI
37,92,000 (47.40%)
Retail
37,92,000 (47.40%)
Employee
-
Net Offer to Public
75,84,000 shares (aggregating up to ₹53.09 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,32,50,000 shares
Post-Issue Shareholding
2,12,50,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2000 ₹1,40,000
HNI / NII 2 4,000 ₹2,80,000
Objects of Issue
3 objectives
1
1. Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat - 382715
2
2. Funding Working capital requirements
3
3. General Corporate Purpose
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
Market Maker
Aryaman Capital Markets Ltd.
IPO Timeline
Open
22 Aug
✓ Done
Close
25 Aug
✓ Done
Allotment
30 Aug
✓ Done
Listing
05 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
rhetantmt@gmail.com
Phone
9499850261
Address
7th Floor, Ashoka Chambers, Rasala Marg, Mithakhali, Ahmedabad, Gujarat, 380006
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹70
Est. Listing
₹70
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 37,92,000 (47.40%) — —
Retail Investors — 37,92,000 (47.40%) — —
Market Maker * 1× 4,16,000 (5.20%) 4,16,000 (5.20%) ₹29.12 Cr
Total ** — 80,00,000 (100.00%) — —
* Based on ₹70.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
37,92,000 (47.40%)
Retail
37,92,000 (47.40%)
Market Maker
4,16,000 (5.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-2031-Mar-2131-Mar-22
Revenue2008.265213.016703.45
PAT-58.0413.44234.57
EBITDA———
Net Worth30.21783.652313.21
Total Assets3046.863980.655900.06
Reserves-311.65-298.211046.35
Borrowings———
Key Financial Ratios
63.64
Pre P/E
P/E Pre-Issue
About Rhetan TMT Ltd.

Incorporated in 1984, Rhetan TMT Limited manufactures TMT Bars and Round Bars which are primarily used in the construction industry. The company's plant is located in Gujarat and is spread over 15,000 sq. yards. The company's products have been used in the construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.

Competitive Strengths :

  1. Well educated and experienced management.
  2. Group Synergies
  3. Location of the Manufacturing Unit
Frequently Asked Questions
What is the issue price of Rhetan TMT Ltd. IPO?
The issue price of Rhetan TMT Ltd. IPO is ₹70 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹140,000.
What are the IPO dates?
Opens 22 Aug 2022, closes 25 Aug 2022.
When is the listing date?
Tentative listing: 05 Sep 2022 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹70 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Rhetan TMT Ltd. IPO · Expected 30 Aug 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
30 Aug 2022
Refund Initiation
01 Sep 2022
Demat Credit
02 Sep 2022
Listing Date
05 Sep 2022
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹70
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹70
GMP +₹0
Key Dates
Open
22 Aug Done
Close
25 Aug Done
Listing
05 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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