Rhetan TMT IPO will be Open on 22 August 2022 and closes 0n 25 August 2022. The company has fixed the price of this IPO at ₹70 according to the face value of ₹10. The company will raise ₹56 Crores through this IPO under the 80,00,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Rhetan TMT IPO GMP and Rhetan TMT IPO subscription status here.
Rhetan TMT limites is a manufacture TMT Bars and Round Bars which are primarily used in construction industry. The company products have been used in construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.
The company plant is located at Survey No. 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat – 382715and is spread over 15,000 sq. yards. The plant is fully geared with latest technologies to provide good quality steel productsand the plant is operating smoothly since 2019. The company a vision to become one the trusted brands in TMT Bars manufacturing in our geography.
Objects Of The Issue :
- Funding capital expenditure for expansion and modernization
- Funding Working capital requirements
- General Corporate Purpose
Company Strengths :
- Well educated and experienced management
- Group Synergies
- Location of the Manufacturing Unit
| Read also: Upcoming IPO List 2022 |
Rhetan TMT IPO Review :
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Rhetan TMT IPO GMP Live:
Rhetan TMT IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 23 Aug 2022 | ₹0-₹0 | ₹0 |
| 22 Aug 2022 | ₹0-₹0 | ₹0 |
| 21 Aug 2022 | ₹0-₹0 | ₹0 |
| 20 Aug 2022 | ₹0-₹0 | ₹0 |
| 19 Aug 2022 | ₹0-₹0 | ₹0 |
Rhetan TMT IPO Date & Price Band & Details :
| Issue Price : | Fixed Price Issue |
| IPO Open : | 22 August 2022 |
| IPO Close : | 25 August 2022 |
| IPO Size : | ₹56.00. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹70 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹56.00. Cr |
| Fresh Issue : | ₹56.00. Cr |
| Offer For Sale : | ₹. Cr |
Rhetan TMT IPO Market Lot :
Rhetan TMT IPO Minimum Market lot is 1 Lot with 2000 shares with ₹140,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹140,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 2000 Shares |
| Minimum Amount : | ₹140,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 2000 Shares |
| Maximum Amount : | ₹140,000 |
Rhetan TMT IPO Shares Offer :
A Total of 80,00,000 shares are to be bid for the public issue by Rhetan TMT IPO with 80,00,000 for Fresh issue and – for offer for sale – Shares.
| Category | Shares Offer | Amount |
| Fresh issue : | 80,00,000 | ₹56.00 Cr |
| Offer For Sale : | __ | ₹– |
| Total : | 80,00,000 | ₹56.00 Cr |
Rhetan TMT IPO Reservation :
Rhetan TMT IPO Total Reservation of 80,00,000 shares are to be bid for the public issue by Rhetan TMT IPO with – for QIB and 40,00,000 for NII 40,00,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 40,00,000 | ₹23.00 Cr |
| RII : | 50% | 40,00,000 | ₹23.00 Cr |
| MMRP : | – % | Adding Soon | ₹ |
| Total : | 100% | 80,00,000 | ₹ |
Rhetan TMT IPO Dates :
Rhetan TMT IPO Date is 22 August 2022 and closes on 25 August 2022. The allotment will be finalized on 30 August 20222 and the IPO may list on 05 August 2022.
| Issue Open Date : | 22 August 2022 |
| Issue Close Date : | 25 August 20022 |
| Allotment Date : | 30 August 2022 |
| Refund Date : | 01 September 2022 |
| Share Credit Date : | 02 September 2022 |
| Listing Date : | 05 September 2022 |
Rhetan TMT IPO Form :
There are two ways to apply in Rhetan TMT IPO. You can apply for Rhetan TMT IPO through ASBA available in your bank account. You have to go to your online bank login and select Rhetan TMT IPO in the Invest section and apply through your bank account. Another option is you can apply Rhetan TMT IPO through IPO form download through NSE and BSE. See the Rhetan TMT IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rhetan TMT Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹6,703.45 | ₹6,416.09 | ₹234.57 |
| 2021 | ₹5,213.01 | ₹5,194.99 | ₹13.44 |
| 2020 | ₹2,008.26 | ₹1,997.72 | ₹58.04 |
Company Promoters :
■ Shalin Shah
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Rhetan TMT IPO Lead Managers :
■ Aryaman Financial Services Limited
Rhetan TMT IPO Registrar :
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road, Marol,
Andheri East, Mumbai – 400 059
Tel. No.: +91 22 6263 8200
Email:[email protected]
Website:www.bigshareonline.com
Investor Grievance Email:[email protected]
Note: Check Rhetan TMT IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rhetan TMT Limited
Bathinda Road, Jaitu,
Distt: Faridkot Punjab-151202, India
Tel: +91 01635513604/01635-232671
Email:[email protected]
Website: www.abcotspin.com
Rhetan TMT IPO FAQs :
What is Rhetan TMT IPO?
Rhetan TMT IPO is SME IPO. They are going to raise ₹56.00. Crores via IPO. The issue is priced at ₹70 per equity share. The IPO to be listed on BSE, SME.
When Rhetan TMT IPO will open?
The IPO is to open on 22 Aug -25 Aug for QIB, NII & RII.
What is Rhetan TMT IPO Size?
Rhetan TMT IPO size is ₹56.00 Crores.
What is the Fresh issue size of Rhetan TMT IPO?
The Fresh issue size of Rhetan TMT IPO ₹56.00 Cr.
What is the Offer For Sale size of Rhetan TMT IPO?
The Offer For Sale size of Rhetan TMT IPO ₹0 Cr.
What is Rhetan TMT IPO Price Band?
Rhetan TMT IPO Price Band is ₹70 Per share.
What is Rhetan TMT IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹140,000 amount while the maximum bid is 2000 shares with ₹140,000.
What is Rhetan TMT IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Rhetan TMT IPO Allotment Date?
Rhetan TMT IPO allotment date is 30 August 2022.
What is Rhetan TMT IPO Listing Date?
Rhetan TMT IPO listing date is 05 September 2022. The IPO to list on BSE, SME.
How to Apply the Rhetan TMT IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rhetan TMT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rhetan TMT IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rhetan TMT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rhetan TMT IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rhetan TMT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rhetan TMT IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rhetan TMT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Rhetan TMT GMP: Click Here Rhetan TMT Subscription: Click Here Rhetan TMT Allotment: Click Here Rhetan TMT Listing: Click Here |
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Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.