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Riddhi Steel & Tube Ltd.

Riddhi Steel & Tube Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹38
₹38
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹38
Based on GMP
Min. Investment
₹114,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
02 Sep 2016
Close Date
07 Sep 2016
Allotment
13 Sep 2016
Listing Date
14 Sep 2016
Exchange
BSE SME
Price Band
₹38
Listing Price
See chart
Allotment Status
Price Band
₹38
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
23,40,000 shares (aggregating up to ₹8.89 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹114,000
1 lot
Pre-IPO Holding
59,50,252 shares
Promoters
Post-IPO Holding
82,90,252 shares
Promoters
UPI Deadline
2016-09-07
Mandate
Anchor AllotmentThu, 01 Sep 2016
Basis of AllotmentTue, 13 Sep 2016
Refund InitiationWed, 14 Sep 2016
Demat CreditWed, 14 Sep 2016
Listing DayWed, 14 Sep 2016
UPI Mandate Deadline2016-09-07
Sale TypeFresh Capital
Net Offer to Public22,14,000 shares (aggregating up to ₹8.41 Cr)
Market Maker Quota1,26,000 shares (aggregating up to ₹0.4788 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota47.31% of Net Issue
Retail Quota47.31% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Riddhi Steel & Tube Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Sep 2016.
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
126,000
5.38%
5.38%
₹0.48
QIB
Over 1.00x
NII / HNI
Over 1.00x
1,107,000
47.31%
47.31%
₹4.21
Retail
Over 1.00x
1,107,000
47.31%
47.31%
₹4.21
Total 1.00x
2,340,000
100% ₹8.89
IPO Shares Offered
Riddhi Steel & Tube Ltd. IPO total issue size: ₹8.89 Cr. Retail: ₹4.21 Cr. NII: ₹4.21 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 126,000 ₹0.48
5.38%
NII 1,107,000 ₹4.21
47.31%
Retail 1,107,000 ₹4.21
47.31%
Total 2,340,000 ₹8.89
100.00%
* Based on upper price band ₹38 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 1,107,000 1,107,000 2,214,000
Allotment price (₹) 38 38 38 38 38 38 38 38
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹4.21 ₹4.21
Times subscribed 1 1 1 1
Shares allotted 1,107,000 1,107,000 2,214,000
No. of allottees
* Upper price band ₹38 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹38.00
Upper Band
Min Investment
₹114,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹228,000
Retail (Max — 13 Lots)1339,000₹1,482,000
S-HNI (Min — 14 Lots)1442,000₹1,596,000
B-HNI (Min — 68 Lots)68204,000₹7,752,000
* Issue Price ₹38 × Lot Size 3,000 shares
IPO Schedule
Anchor
01 Sep 2016
✓ Done
IPO Open
02 Sep 2016
✓ Done
IPO Close
07 Sep 2016
✓ Done
Allotment
13 Sep 2016
✓ Done
Refunds
14 Sep 2016
✓ Done
Demat Credit
14 Sep 2016
✓ Done
Listing Day
14 Sep 2016
✓ Done
Riddhi Steel & Tube Ltd. — Live Price LIVE
₹38.00
INR · BSE
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Issue ₹38.00 Live Price
About Riddhi Steel & Tube Ltd.

Riddhi Steel & Tube Ltd. is proposing an IPO on BSE SME under the SME category. Total issue: 23,40,000 shares (aggregating up to ₹8.89 Cr).

Opens 02 Sep 2016, closes 07 Sep 2016. Listing: 14 Sep 2016. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Riddhi Steel & Tube 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
ParticularsFY 2024-25FY 2023-24FY 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.
Issue Structure & Shareholding
Total Shares Offered23,40,000 (100.00%)
Net Offer to Public22,14,000 shares (aggregating up to ₹8.41 Cr)
Reserved for Market Maker1,26,000 shares (aggregating up to ₹0.4788 Cr)
Pre-Issue Promoter Holding59,50,252 shares
Post-Issue Promoter Holding82,90,252 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Riddhi Steel & Tube Ltd. IPO subscribed?

Riddhi Steel & Tube Ltd. IPO is subscribed 1.00 times by Sep 07, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Riddhi Steel & Tube Ltd. IPO retail subscription status?

The Riddhi Steel & Tube Ltd. IPO retail category is subscribed 1.00 times as of 07 Sep 2016. The retail portion is oversubscribed.

How to subscribe Riddhi Steel & Tube Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 02 Sep 2016 and closes 07 Sep 2016. Min investment: ₹114,000 (1 lot = 3,000 shares). UPI mandate: 2016-09-07.

How many times Riddhi Steel & Tube Ltd. IPO subscribed?

The Riddhi Steel & Tube Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Riddhi Steel & Tube Ltd. IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Sep 2016. Refunds: on 14 Sep 2016.

When Riddhi Steel & Tube Ltd. IPO will be listed?

The Riddhi Steel & Tube Ltd. IPO listing date is 14 Sep 2016, Wednesday. Listed on: BSE SME. Issue price: ₹38. Estimated listing: ₹38. GMP: NIL.

When Riddhi Steel & Tube Ltd. IPO close?

The Riddhi Steel & Tube Ltd. IPO closes on 07 Sep 2016, Wednesday. UPI mandate: 2016-09-07. Allotment: 13 Sep 2016. Listing: 14 Sep 2016.