RMC Switchgears Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Feb 2017

Close Date

03 Mar 2017

Allotment

09 Mar 2017

Listing Date

14 Mar 2017

Exchange

BSE SME

Price Band

₹27

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹27

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

15,36,000 shares (aggregating up to ₹4.15 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

43,24,200 shares

Promoters

Post-IPO Holding

50,92,200 shares

Promoters

UPI Deadline

2017-03-03

Mandate

Anchor AllotmentMon, 27 Feb 2017

Basis of AllotmentThu, 09 Mar 2017

Refund InitiationFri, 10 Mar 2017

Demat CreditFri, 10 Mar 2017

Listing DayTue, 14 Mar 2017

UPI Mandate Deadline2017-03-03

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public14,40,000 shares (aggregating up to ₹3.89 Cr)

Market Maker Quota96,000 shares (aggregating up to ₹0.2592 Cr

Fresh Issue Shares6,72,000 shares (aggregating up to ₹1.81 Cr)

Offer for Sale7,68,000 shares of ₹10 (aggregating up to ₹2.07 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

RMC Switchgears Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Mar 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	96,000	—	₹0.26
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,536,000	100%	₹4.15

IPO Shares Offered

RMC Switchgears Ltd. IPO total issue size: ₹4.15 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	96,000	₹0.26	6.25%
Total	1,536,000	₹4.15	100.00%

* Based on upper price band ₹27 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹27.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹216,000
Retail (Max — 13 Lots)	13	52,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,344,000

* Issue Price ₹27 × Lot Size 4,000 shares

IPO Schedule

Anchor

27 Feb 2017

✓ Done

IPO Open

28 Feb 2017

✓ Done

IPO Close

03 Mar 2017

✓ Done

Allotment

09 Mar 2017

✓ Done

Refunds

10 Mar 2017

✓ Done

Demat Credit

10 Mar 2017

✓ Done

Listing Day

14 Mar 2017

✓ Done

₹27.00

INR · BSE

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Issue ₹27.00 Live Price

About RMC Switchgears Ltd.

Incorporated in 1994, RMC Switchgears Limited is Jaipur Rajasthan based manufacturer for electrical enclosures. Company manufactures all types of enclosures in Sheet Molded Compound, Deep Drawn, Fabricated , Polycarbonate under one roof.Company uses ultra modern automatic machineries from USA, Japan, Germany and Korea to achieve the best quality and uniformity at manufacturing facilities spread over an area of 8 Lac Sq ft.RMC is approved vendors for all the state electricity utilities. Company are also approved vendors for the large corporate of India viz. Tatas, L& T, NCC, KEI, IRCON, Drake & Scull etcRMC have in-house Research and Development Centre with Tool Room which helps the company to make the desired enclosure moulds within small time frame.RMC received ISO 9001:2008 certification on the quality management system.RMC Strengths:• Large & Diverse Product Portfolio• Quality of the products gives a market edge for most of the suppliers• Integrated manufacturing facility• Established relationship with institutional customers• Experienced Promoter and skilled workforce• Manufacturing of SMC enclosures, demand for which is continuously rising• The company has well knit marketing network

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Purpose

RMC Switchgears 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.

Issue Structure & Shareholding

Total Shares Offered15,36,000 (100.00%)

Net Offer to Public14,40,000 shares (aggregating up to ₹3.89 Cr)

Reserved for Market Maker96,000 shares (aggregating up to ₹0.2592 Cr

Pre-Issue Promoter Holding43,24,200 shares

Post-Issue Promoter Holding50,92,200 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

rmc.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Hem Securities Ltd

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

IPO Subscription FAQs

How much RMC Switchgears Ltd. IPO subscribed? ▲

RMC Switchgears Ltd. IPO is subscribed 1.00 times by Mar 03, 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 RMC Switchgears Ltd. IPO retail subscription status? ▼

The RMC Switchgears Ltd. IPO retail category is subscribed 1.00 times as of 03 Mar 2017. The retail portion is oversubscribed.

How to subscribe RMC Switchgears Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Feb 2017 and closes 03 Mar 2017. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2017-03-03.

How many times RMC Switchgears Ltd. IPO subscribed? ▼

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

How to check RMC Switchgears Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Mar 2017. Refunds: on 10 Mar 2017.

When RMC Switchgears Ltd. IPO will be listed? ▼

The RMC Switchgears Ltd. IPO listing date is 14 Mar 2017, Tuesday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When RMC Switchgears Ltd. IPO close? ▼

The RMC Switchgears Ltd. IPO closes on 03 Mar 2017, Friday. UPI mandate: 2017-03-03. Allotment: 09 Mar 2017. Listing: 14 Mar 2017.

Quick Actions

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Live Price LIVE

Last Price₹27.00

Change—

Issue Price₹27.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹27

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹27

Subscribed1.00x

Open Date28 Feb 2017

Close Date03 Mar 2017

Allotment09 Mar 2017

Listing Date14 Mar 2017

ExchangeBSE SME

UPI Deadline2017-03-03