Sunday, September 23, 2018

Rajnandini Metal IPO Dates, Review, Price Band, Allotment & Market Lot

 Sunday, September 23, 2018  
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Rajnandini Metal Limited is incorporated in 2010 based in Haryana. The company is a trader of metals like minor metals, ferro alloys, ferrous and non-farrous scraps, recyclable plastic scrap,s steel products and more. They are providing a crucial business interface with networking between manufacturers, processors, yards, consumers and traders in India. They purchase scrap materials from various suppliers and providing to their Metal business customers. They are working on B2B model. Rajnandini Metal ipo is starting from 24-September and ends on 27-September. The price band is around Rs.26 with 4000 market lot. The ipo size is around 4.27 crore rupees.

IPO Review:
  • Risky
Rajnandini Metal IPO Dates & Price Band:
  • IPO Open: 24-September-2018
  • IPO Close: 27-September-2018
  • IPO Size: Approx Rs 4.27 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.26 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,644,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 4,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,04,000
IPO Allotment & Listing:
  • Basis of Allotment: 04-October-2018
  • Refunds: 05-October-2018
  • Credit to demat accounts: 08-October-2018
  • Listing: 09-October-2018
Financial Results:
  Rs. in Crore
Revenue Expense PAT
2014 104.4 103.8 0.41
2015 109.8 109.2 0.55
2016 136.5 135.9 0.32
2017 127.3 126.5 0.55
2018 141.2 139.7 0.94
Rajnandini Metal IPO Important Links:
Company Promoters:
  • Mr. Het Ram
  • Ms. Mithlesh Sharma
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Private Limited
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com

IPO Lead Managers:
  • Corporate CapitalVentures Pvt Ltd
Company Address:
Rajnandini Metal Limited
3E/17 B.P. N.I.T
Faridabad, Haryana-121001
Phone: +91 0129-4074043
Email: [email protected]
Website: www.rajnandinimetal.com

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