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Open
13 Dec 2005
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Close
16 Dec 2005
3
Allotment
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Listing
Wed, Jan 4, 2006
Price Band
₹60 per share
Issue Size
50,00,028 shares (agg. up to ₹30 Cr)
Listing Date
Wed, Jan 4, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.34x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 438.09 | 385.79 | 250.84 |
| Total Income | 450.38 | 877.55 | 587.65 |
| Profit After Tax | 13.01 | 13.68 | 3.73 |
| NET Worth | 91.36 | 78.34 | 23.92 |
| Reserves and Surplus | 41.20 | 28.52 | 16.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shri Ramrupai Balaji Steels Ltd. | Mainboard | ₹44.00 Cr | ₹22 | null | ₹23.75 | +7.95% | (+0.00%) |
| MSP Steel & Power Ltd. | Mainboard | ₹16.00 Cr | ₹10 | null | ₹15.00 | +50.00% | ₹36.51 (-1.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Modernization cum Expansion of TMT Mill | 9.50 |
| 2 | Repayment of unsecured loan | 18.51 |
| 3 | Enhancement of Long Term Working Capital | 16.16 |
| 4 | Setting up a Structural Mill | 67.36 |
| 5 | General Corporate purposes including strategic initiatives and acquisitions | 6.00 |
| 6 | Expenses Of The Issue | 2.50 |
| Total | 120.02 |
About Ramsarup Industries FPO
Incorporated in 1979, Ramsarup Industries Limited is engaged in the manufacturing of TMT bars, wire rods, steel wires, and galvanized wires for the construction and power transmission sectors. The company manufactures a wide range of TMT bars under Thermax technology in sizes ranging from 8 mm to 40 mm and markets them under the “Ramsarup” brand. Its products are used in infrastructure, construction, and earthquake-resistant structures. The company also manufactures steel wires and galvanized wires used in power transmission applications. Ramsarup Industries operates manufacturing units at Kalyani Industrial Area and Shyamnagar in West Bengal, along with a wind power unit at Dhule, Maharashtra. The company has installed capacities of 87,000 tonnes per annum for TMT bars, 24,000 tonnes per annum for steel wires, 1,37,000 tonnes per annum for wire drawing, and 60,000 tonnes per annum for galvanized wires. The company supplies products to infrastructure and transmission companies such as Larsen & Toubro Limited, Kalpataru Projects International Limited, KEC International Limited, Gammon India Limited, Reliance Energy Limited, Hindustan Construction Company Limited, and vendors associa
Contact Details
Ramsarup Industries Ltd. AddressHastings Chambers 7CKiran Shankar Roy Road1st FloorKolkata, West Bengal, 700001+91 33 2242-1200info@ramsarup.comVisit Website