
✓
Open
7 Mar 2006
✓
Close
11 Mar 2006
3
Allotment
—
✓
Listing
Thu, Apr 13, 2006
Price Band
₹30 per share
Issue Size
1,69,47,745 shares (agg. up to ₹51 Cr)
Listing Date
Thu, Apr 13, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 142.87 | 72.01 | 63.74 |
| Profit After Tax | 4.57 | 2.42 | 1.77 |
| NET Worth | 36.84 | 24.33 | 19.11 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Part-finance the installation of four Submerged Arc Furnace of 16.5 MVA each along with other allied facilities like raw material handling system, Briquetting plant, substation for receiving power, pollution control equipments and facilities for Research and Development etc for manufacturing High Carbon Ferro Chrome, Silico Manganese and Ferro Manganese. | 1,003.40 |
| 2 | To meet additional Capital Expenditure. | 140.21 |
| 3 | To meet the Public Issue related expenses and list the shares on BSE and NSE. | 25.00 |
| Total | 1,168.61 |
About Rohit Ferro-Tech IPO
Founded in 2000, Rohit Ferro-Tech Ltd. operates a Ferro Alloy Plant comprising 3 Nos. Submerged Arc Furnaces of 9 MVA capacity each to produce 40,000 TPA of High Carbon Ferro Chrome at Bishnupur, West Bengal. The company's production facilities are located in Bishnupur (West Bengal), Haldia (West Bengal), and Kalinganagar Industrial Complex (Odisha). The company produce chromium-based alloys (high-carbon ferrochrome) and manganese-based alloys (silico manganese and ferromanganese) for steelmaking. The company has a high installed capacity, previously noted to be over 400,000 mtpa across its various operations, including stainless steel production.+ Read More
Contact Details
Rohit Ferro-Tech Ltd. Address35, Chittaranjan Avenue4th FloorKolkata, West Bengal, 700012+91 33 22119805ipo@rohitferrotech.comVisit Website