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Open
22 Aug 2022
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Close
25 Aug 2022
3
Allotment
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Listing
Mon, Sep 5, 2022
Price Band
₹70 per share
Issue Size
80,00,000 shares (agg. up to ₹56 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Sep 5, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.20x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 59.00 | 39.81 | 30.47 |
| Total Income | 67.03 | 52.13 | 20.08 |
| Profit After Tax | 2.35 | 0.13 | -0.58 |
| NET Worth | 23.13 | 7.84 | 0.30 |
| Reserves and Surplus | 10.46 | -2.98 | -3.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mangalam Worldwide Ltd. | SME | ₹65.58 Cr | ₹101 | 20.12 | ₹102.55 | +1.53% | ₹37.65 |
| Adishakti Loha & Ispat Ltd. | SME | ₹2.00 Cr | ₹11 | null | ₹11.40 | +3.64% | ₹6.36 |
| Venus Pipes & Tubes Ltd. | Mainboard | ₹165.42 Cr | ₹326 | 21.03 | ₹354.35 | +8.70% | ₹1,949.90 |
| Hariom Pipe Industries Ltd. | Mainboard | ₹130.05 Cr | ₹153 | 15.15 | ₹231.00 | +50.98% | ₹371.70 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat – 382715 | 12.00 |
| 2 | Funding Working capital requirements | 30.46 |
| 3 | General Corporate Purposes | 12.54 |
About Rhetan TMT IPO
Updated on Aug 5, 2026
Contact Details
Rhetan TMT Ltd. Address7th Floor, Ashoka ChambersRasala MargMithakhaliAhmedabad, Gujarat, 3800069499850261rhetantmt@gmail.comVisit Website