RKEC Projects Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Sep 2017

Close Date

28 Sep 2017

Allotment

04 Oct 2017

Listing Date

09 Oct 2017

Exchange

NSE SME

Price Band

₹45

Listing Price

See chart

Allotment Status

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Price Band

₹45

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

63,78,000 shares (aggregating up to ₹28.70 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

1,93,12,600 shares

Promoters

Post-IPO Holding

2,39,90,600 shares

Promoters

UPI Deadline

2017-09-28

Mandate

Anchor AllotmentSun, 24 Sep 2017

Basis of AllotmentWed, 04 Oct 2017

Refund InitiationThu, 05 Oct 2017

Demat CreditThu, 05 Oct 2017

Listing DayMon, 09 Oct 2017

UPI Mandate Deadline2017-09-28

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public60,54,000 shares (aggregating up to ₹27.24 Cr)

Market Maker Quota3,24,000 shares (aggregating up to ₹1.46 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

RKEC Projects Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Sep 2017.

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	324,000	—	₹1.46
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,378,000	100%	₹28.70

IPO Shares Offered

RKEC Projects Ltd. IPO total issue size: ₹28.70 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	324,000	₹1.46	5.08%
Total	6,378,000	₹28.70	100.00%

* Based on upper price band ₹45 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹45.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹270,000
Retail (Max — 13 Lots)	13	39,000	₹1,755,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,890,000
B-HNI (Min — 68 Lots)	68	204,000	₹9,180,000

* Issue Price ₹45 × Lot Size 3,000 shares

IPO Schedule

Anchor

24 Sep 2017

✓ Done

IPO Open

25 Sep 2017

✓ Done

IPO Close

28 Sep 2017

✓ Done

Allotment

04 Oct 2017

✓ Done

Refunds

05 Oct 2017

✓ Done

Demat Credit

05 Oct 2017

✓ Done

Listing Day

09 Oct 2017

✓ Done

₹45.00

INR · NSE

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Issue ₹45.00 Live Price

About RKEC Projects Ltd.

Incorporated in 2005, RKEC Projects Limited operates as an infrastructure civil engineering construction company in India. They are mainly engaged in the business of Civil Construction such as construction of Highways, roads and bridges. The company involved in designing and undertaking construction projects which include bridges, ports, dams, high-rise structures, airports, cross water, roads, highways, oil and gas pipelines, and environmental structures.They have completed projects for diverse range of clients including Defence sector, Railways, Ports, Adani Port, Vedanta Ltd, IVRCL Limited, Rashtriya Ispat Nigam Limited and ESSAR.

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Expenses

RKEC Projects Ltd. Financials ((Amt in Rs.))

Revenue from Operations

₹717,468,641.0

31-Mar-2015

₹1,135,056,487.0

31-Mar-2016

₹2,001,206,532.0

31-Mar-2017

Profit After Tax (PAT)

₹19,607,097.0

31-Mar-2015

₹31,944,215.0

31-Mar-2016

₹131,275,397.0

31-Mar-2017

Particulars	31-Mar-2017	31-Mar-2016	31-Mar-2015
Revenue from Operations	2001206532.00	1135056487.00	717468641.00
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	131275397.00	31944215.00	19607097.00
Net Worth	390808583.00	256282252.00	224338037.00
Total Assets	1125296931.00	1124898096.00	564034764.00
Reserves & Surplus	197682583.00	159719252.00	127775037.00
Borrowings	4246908.00	149833476.00	98424031.00
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered63,78,000 (100.00%)

Net Offer to Public60,54,000 shares (aggregating up to ₹27.24 Cr)

Reserved for Market Maker3,24,000 shares (aggregating up to ₹1.46 Cr)

Pre-Issue Promoter Holding1,93,12,600 shares

Post-Issue Promoter Holding2,39,90,600 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

ipo@bigshareonline.com

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

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Book Running Lead Managers

HEM SECURITIES LIMITED

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

IPO Subscription FAQs

How much RKEC Projects Ltd. IPO subscribed? ▲

RKEC Projects Ltd. IPO is subscribed 1.00 times by Sep 28, 2017. 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 RKEC Projects Ltd. IPO retail subscription status? ▼

The RKEC Projects Ltd. IPO retail category is subscribed 1.00 times as of 28 Sep 2017. The retail portion is oversubscribed.

How to subscribe RKEC Projects Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2017 and closes 28 Sep 2017. Min investment: ₹135,000 (1 lot = 3,000 shares). UPI mandate: 2017-09-28.

How many times RKEC Projects Ltd. IPO subscribed? ▼

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

How to check RKEC Projects 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: 04 Oct 2017. Refunds: on 05 Oct 2017.

When RKEC Projects Ltd. IPO will be listed? ▼

The RKEC Projects Ltd. IPO listing date is 09 Oct 2017, Monday. Listed on: NSE SME. Issue price: ₹45. Estimated listing: ₹45. GMP: NIL.

When RKEC Projects Ltd. IPO close? ▼

The RKEC Projects Ltd. IPO closes on 28 Sep 2017, Thursday. UPI mandate: 2017-09-28. Allotment: 04 Oct 2017. Listing: 09 Oct 2017.

Quick Actions

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Live Price LIVE

Last Price₹45.00

Change—

Issue Price₹45.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹45

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹45

Subscribed1.00x

Open Date25 Sep 2017

Close Date28 Sep 2017

Allotment04 Oct 2017

Listing Date09 Oct 2017

ExchangeNSE SME

UPI Deadline2017-09-28