Ranjeet Mechatronics Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Sep 2018

Close Date

17 Sep 2018

Allotment

21 Sep 2018

Listing Date

26 Sep 2018

Exchange

BSE SME

Price Band

₹25

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

18,00,000 shares (aggregating up to ₹4.50 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

47,99,980 shares

Promoters

Post-IPO Holding

65,99,980 shares

Promoters

UPI Deadline

2018-09-17

Mandate

Anchor AllotmentTue, 11 Sep 2018

Basis of AllotmentFri, 21 Sep 2018

Refund InitiationTue, 25 Sep 2018

Demat CreditTue, 25 Sep 2018

Listing DayWed, 26 Sep 2018

UPI Mandate Deadline2018-09-17

Sale TypeFresh Capital

Net Offer to Public17,04,000 shares (aggregating up to ₹4.26 Cr)

Market Maker Quota96,000 shares (aggregating up to ₹0.2400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Ranjeet Mechatronics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Sep 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	96,000	—	₹0.24
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,800,000	100%	₹4.50

IPO Shares Offered

Ranjeet Mechatronics Ltd. IPO total issue size: ₹4.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	96,000	₹0.24	5.33%
Total	1,800,000	₹4.50	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹300,000
Retail (Max — 13 Lots)	13	78,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	84,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	408,000	₹10,200,000

* Issue Price ₹25 × Lot Size 6,000 shares

IPO Schedule

Anchor

11 Sep 2018

✓ Done

IPO Open

12 Sep 2018

✓ Done

IPO Close

17 Sep 2018

✓ Done

Allotment

21 Sep 2018

✓ Done

Refunds

25 Sep 2018

✓ Done

Demat Credit

25 Sep 2018

✓ Done

Listing Day

26 Sep 2018

✓ Done

₹25.00

INR · BSE

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Issue ₹25.00 Live Price

About Ranjeet Mechatronics Ltd.

Incorporated in 1949, Ahmedabad based Ranjeet Mechatronics Limited is a company engaged in the business of providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in installation, designing, commission, testing, implementation, management and operational support for security and fire solutions.Some of the projects completed by the company are-1. Chennai Metro Rail Pump House2. Goa Shipyard Modernisation Project Phase- 3A3. Medical College Sola, Ahmedabad4. Kalpana Chawla Government Medical, College, Karnal Haryana5. Vardhaman Institute of MedicalScience (VIMS) ProjectThe company has 27 employees on its payroll.Competitive Strengths-1. Over 2 decades of experience2. Perfectly positioned to benefit from government's focus on infrastructure3. Good track record of timely completion of projects

Objects of the Issue

1 Net Incremental Working Capital Requirement

2 General corporate Purpose

Ranjeet Mechatronics Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,528.7

31-Mar-16

₹1,763.7

31-Mar-17

₹1,803.7

31-Mar-18

Profit After Tax (PAT)

₹16.1

31-Mar-16

₹51.0

31-Mar-17

₹91.3

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	1803.69	1763.73	2528.67
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	91.31	50.95	16.08
Net Worth	N/A	N/A	N/A
Total Assets	2241.69	2084.00	1805.68
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered18,00,000 (100.00%)

Net Offer to Public17,04,000 shares (aggregating up to ₹4.26 Cr)

Reserved for Market Maker96,000 shares (aggregating up to ₹0.2400 Cr)

Pre-Issue Promoter Holding47,99,980 shares

Post-Issue Promoter Holding65,99,980 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Alankit Assignments Ltd.

(011) 4254 1234

ipo@alankit.com

http://ipo.alankit.com/

Check Allotment

Book Running Lead Managers

Beeline Broking Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Ranjeet Mechatronics Ltd. IPO subscribed? ▲

Ranjeet Mechatronics Ltd. IPO is subscribed 1.00 times by Sep 17, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Ranjeet Mechatronics Ltd. IPO retail subscription status? ▼

The Ranjeet Mechatronics Ltd. IPO retail category is subscribed 1.00 times as of 17 Sep 2018. The retail portion is oversubscribed.

How to subscribe Ranjeet Mechatronics Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Sep 2018 and closes 17 Sep 2018. Min investment: ₹150,000 (1 lot = 6,000 shares). UPI mandate: 2018-09-17.

How many times Ranjeet Mechatronics Ltd. IPO subscribed? ▼

The Ranjeet Mechatronics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ranjeet Mechatronics Ltd. IPO allotment? ▼

Check allotment on the registrar website (Alankit Assignments Ltd.) at http://ipo.alankit.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Sep 2018. Refunds: on 25 Sep 2018.

When Ranjeet Mechatronics Ltd. IPO will be listed? ▼

The Ranjeet Mechatronics Ltd. IPO listing date is 26 Sep 2018, Wednesday. Listed on: BSE SME. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Ranjeet Mechatronics Ltd. IPO close? ▼

The Ranjeet Mechatronics Ltd. IPO closes on 17 Sep 2018, Monday. UPI mandate: 2018-09-17. Allotment: 21 Sep 2018. Listing: 26 Sep 2018.

Quick Actions

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Live Price LIVE

Last Price₹25.00

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Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date12 Sep 2018

Close Date17 Sep 2018

Allotment21 Sep 2018

Listing Date26 Sep 2018

ExchangeBSE SME

UPI Deadline2018-09-17