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IPO

IPO Details


Rhetan TMT Ltd
Registered Office: 7th Floor Ashoka Chambers, Rasala Marg Mithakhali, Ahmedabad - 380006, Gujarat
Phone: 91-9499850261
Email: rhetantmt@gmail.com
Website: www.rhetan.com
Initial public offer of upto 80,00,000 equity shares of Rs. 10 each ("Equity Shares") of Rhetan TMT Limited ("RTL" or the "Company") for cash at a price of Rs. 70 per share (the "Issue Price"), aggregating to Rs. 56.00 croress ("The Issue"), of which upto 4,16,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 75,84,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.65% and 35.69 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 7 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
22-Aug-2022 25-Aug-2022 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 55.00 Aryaman Financial Services Ltd
Project Financed through Current Offer 56.00
Post Issue Equity Share Capital 21.25
Issue Price ₹70.00
Projects
Funding capital expenditure for expansion and modernization at 325,
Funding working capital requirements
General corporate purposes
Promoted By
Ashoka Metcast Ltd
Shalin Shah
Listing At
BSE - SME
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,371.63 -61.26 (-0.07%)

Nifty

25,518.25 57.25 (0.22%)

GLOBAL INDICES

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NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)