Readymade Steel India Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Jun 2011

Close Date

29 Jun 2011

Allotment

05 Jul 2011

Listing Date

13 Jul 2011

Exchange

NSE & BSE

Price Band

₹108

Listing Price

See chart

Allotment Status

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Price Band

₹108

Per share

Face Value

₹10 per share

Lot Size

60 Shares

per lot

Issue Size

32,17,153 shares (aggregating up to ₹34.75 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹6,480

1 lot

Pre-IPO Holding

85,01,200 shares

Promoters

Post-IPO Holding

1,17,18,353 shares

Promoters

UPI Deadline

2011-06-29

Mandate

Anchor AllotmentSun, 26 Jun 2011

Basis of AllotmentTue, 05 Jul 2011

Refund InitiationWed, 06 Jul 2011

Demat CreditWed, 06 Jul 2011

Listing DayWed, 13 Jul 2011

UPI Mandate Deadline2011-06-29

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Readymade Steel India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Jun 2011.

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)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,217,153	100%	₹34.75

IPO Shares Offered

Readymade Steel India Ltd. IPO total issue size: ₹34.75 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	3,217,153	₹34.75	100.00%

* Based on upper price band ₹108 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹108.00

Upper Band

Min Investment

₹6,480

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	120	₹12,960
Retail (Max — 30 Lots)	30	1,800	₹194,400
S-HNI (Min — 31 Lots)	31	1,860	₹200,880
B-HNI (Min — 155 Lots)	155	9,300	₹1,004,400

* Issue Price ₹108 × Lot Size 60 shares

IPO Schedule

Anchor

26 Jun 2011

✓ Done

IPO Open

27 Jun 2011

✓ Done

IPO Close

29 Jun 2011

✓ Done

Allotment

05 Jul 2011

✓ Done

Refunds

06 Jul 2011

✓ Done

Demat Credit

06 Jul 2011

✓ Done

Listing Day

13 Jul 2011

✓ Done

₹108.00

INR · BSE

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Issue ₹108.00 Live Price

About Readymade Steel India Ltd.

Incorporated in 2006, Readymade Steel India Ltd is engaged in the business of steel service provider to the infrastructure sector. Readymade Steel India have an installed capacity of 27000 MTPA for processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column /beam cages etc.Company process the steel through use of automated machines from its Plant and delivers ready to use cut and bend steel rods, prefabricated cages and other steel products required for construction activities. These products are mainly used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.

Objects of the Issue

1 To part finance the cost of enhancing the capacity at our existing facility at Khopoli, district Raigad, Maharashtra and the cost of setting up of new facilities near New Delhi and Raipur

2 To meet the pre-operative expenses including Issue expenses;

3 To meet margin money requirements of working capital; and

4 To meet general corporate purposes.

Readymade Steel India Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

RoNW

5.14%

Issue Structure & Shareholding

Total Shares Offered32,17,153 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding85,01,200 shares

Post-Issue Promoter Holding1,17,18,353 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

info@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Arihant Capital Markets Ltd.

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

IPO Subscription FAQs

How much Readymade Steel India Ltd. IPO subscribed? ▲

Readymade Steel India Ltd. IPO is subscribed 1.00 times by Jun 29, 2011. 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 Readymade Steel India Ltd. IPO retail subscription status? ▼

The Readymade Steel India Ltd. IPO retail category is subscribed 1.00 times as of 29 Jun 2011. The retail portion is oversubscribed.

How to subscribe Readymade Steel India Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Jun 2011 and closes 29 Jun 2011. Min investment: ₹6,480 (1 lot = 60 shares). UPI mandate: 2011-06-29.

How many times Readymade Steel India Ltd. IPO subscribed? ▼

The Readymade Steel India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Readymade Steel India Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Jul 2011. Refunds: on 06 Jul 2011.

When Readymade Steel India Ltd. IPO will be listed? ▼

The Readymade Steel India Ltd. IPO listing date is 13 Jul 2011, Wednesday. Listed on: NSE & BSE. Issue price: ₹108. Estimated listing: ₹108. GMP: NIL.

When Readymade Steel India Ltd. IPO close? ▼

The Readymade Steel India Ltd. IPO closes on 29 Jun 2011, Wednesday. UPI mandate: 2011-06-29. Allotment: 05 Jul 2011. Listing: 13 Jul 2011.

Quick Actions

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Live Price LIVE

Last Price₹108.00

Change—

Issue Price₹108.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹108

Face Value₹10

Lot Size60 Sh

Min. Amount₹6,480

GMPNIL

Est. Listing₹108

Subscribed1.00x

Open Date27 Jun 2011

Close Date29 Jun 2011

Allotment05 Jul 2011

Listing Date13 Jul 2011

ExchangeNSE & BSE

UPI Deadline2011-06-29