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Open
24 Sep 2018
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Close
27 Sep 2018
3
Allotment
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Listing
Mon, Oct 8, 2018
Price Band
₹26 per share
Issue Size
16,44,000 shares (agg. up to ₹4 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Oct 8, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 38.38 | 42.51 | 34.37 |
| Total Income | 141.16 | 127.31 | 136.55 |
| Profit After Tax | 0.94 | 0.55 | 0.32 |
| NET Worth | 8.03 | 7.09 | 6.53 |
| Reserves and Surplus | 3.53 | 2.59 | 2.03 |
| Total Borrowing | 21.98 | 22.28 | 22.13 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 3.50 |
| 2 | General Corporate Purposes | 0.42 |
| 3 | Issue Expenses | 0.35 |
About Rajnandini Metal IPO
Incorporated in 2010, Haryana based Rajnandini Metal Limited is a company engaged in the business of trading of covers base / primary metals, secondary metals & alloys, minor metals, ferroalloys, all ferrous & non-ferrous scraps, recyclable plastic scraps, steel products, and alloying additives for smelters and foundries.The company operates as an intermediary in the Metals Supply Chain whereby it imports/purchases materials from various suppliers and supply the same to its customers in the Metal Business. The company has 11 employees on its payroll.+ Read More
Contact Details
Rajnandini Metal Ltd. Address3E/17, B.P.Faridabad, Haryana, 1210010129-4074043info@rajnandinimetal.comVisit Website