Rhetan TMT IPO subscription is to open on Aug 22, 2022 and will close on Aug 25, 2022, the price band of the Rhetan TMT IPO is fixed at ₹ 70. Rhetan TMT is actively engaged in the manufacturing of premium Quality TMT Bars confirming to ISI Standards
- About Rhetan TMT
- Objects of the Issue
- Rhetan TMT Limited Financials:
- Rhetan TMT IPO Price – Details
- Rheta TMT IPO DRHP & RHP
- RhetanTMT IPO Lot Size
- RhetanTMT IPO Lead Managers
- RhetanTMT IPO Registrar
- RhetanTMT IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- RhetanTMT IPO – FAQS
About Rhetan TMT
Rhetan TMT is actively engaged in the manufacturing of premium Quality TMT Bars confirming to ISI Standards
Rhetan TMT has business interests in various sectors including Oil and Gas, Steel, Infrastructure, Electronic Equipments and Chemical Products.
The company owns and operates a Steel Rolling Mill with an aggregate installed capacity of 30,000 MTPA. The company is an IS 1786: 2008 certified company and Rhetan TMT manufacture TMT Bars and Round Bars which are primarily used in construction industry. The products have been used in construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.
Objects of the Issue
- Funding capital expenditure for expansion and modernization
- Funding Working capital requirements
- General Corporate Purpose
Rhetan TMT Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 5,841.92 | 3,922.51 | 2,988.72 |
| Total income | 6,703.45 | 5,213.01 | 2,008.26 |
| Total Expenses | 6,416.09 | 5,194.99 | 1,997.72 |
| Profit After Tax | 234.57 | 13.44 | (58.04) |
Rhetan TMT IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 80,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 5600 Lakhs) |
| Issue Open Date | 22-Aug-22 |
| Issue Close Date | 25-Aug-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 70 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | RHETANTMT |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Rheta TMT IPO DRHP & RHP
RhetanTMT IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,40,000 |
| Maximum | 1 | 2000 | ₹ 1,40,000 |
RhetanTMT IPO Lead Managers
- Aryaman Financial Services limited
RhetanTMT IPO Registrar
RhetanTMT IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 22-Aug-22 |
| Bid / Offer Closes on | 25-Aug-22 |
| Finalisation of Basis of Allotment | 30-Aug-22 |
| Initiation of refunds | 01-Sep-22 |
| Credit of the Equity Shares | 02-Sep-22 |
| Listing Date | 05-Sep-22 |
Company Registered Office
7th Floor, Ashoka Chambers,
Rasala Marg, Mithakhali,
Ahmedabad- 380006,
Gujarat.
Website: www.rhetan.com
Company Promoters
- Ashoka Metcast Limited
- Shalin Shah
RhetanTMT IPO – FAQS
What is the RhetanTMT IPO Price?
The RhetanTMT IPO price band is 70 per share
When RhetanTMT IPO will open?
The RhetanTMT IPO opens on Aug 22, 2022 and closes on Aug 25, 2022
What is the lot size of RhetanTMT IPO?
The RhetanTMT IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Rhetan TMT IPO?
The Registrar for Rhetan TMT IPO is Bigshare Services Private Limited
How to apply in Rhetan TMT IPO through UPI?
Check the step by step process here – Click here
How to apply in Rhetan TMT IPO through Zerodha?
Check the step by step process here – Click here
Follow us on Telegram for all the latest updates
[…] Rhetan TMT IPO subscription status to start from Aug 22 to Aug 25, 2022. The Rhetan TMT IPO consists of 80,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 5600 Lakhs). The price range for the offer has been fixed at ₹ 70 per share. […]
[…] Rhetan TMT IPO Allotment Status is to be finalized on Aug 30, 2022, Tuesday. The Rhetan TMT IPO will be listed on 5th Sep 2022. Rhetan TMT IPO subscription status to start from Aug 22 to Aug 25, 2022. The Rhetan TMT IPO consists of 80,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 5600 Lakhs). The price range for the offer has been fixed at ₹ 70 per share. […]
[…] Rhetan TMT IPO subscription started from Aug 22 to Aug 25, 2022. The Rhetan TMT IPO consists of 80,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 5600 Lakhs). The price range for the offer has been fixed at ₹ 70 per share. […]