Rhetan TMT IPO Price |
₹70 per share |
| Rhetan TMT IPO Lot Size | 2000 Shares |
| Issue Size | 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) |
| Fresh Issue | 8,000,000 shares of ₹10 (aggregating up to ₹56.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Ashoka Metcast Limited and Shalin Shah are the company promoters. |
Rhetan TMT IPO Timeline (Tentative Timetable)
Rhetan TMT IPO opens on Aug 22, 2022, and closes on Aug 25, 2022. The Rhetan TMT IPO bid date is from Aug 22, 2022 10.00 A.M. to Aug 25, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Rhetan TMT IPO Opening Date | Aug 22, 2022 |
| Rhetan TMT IPO Closing Date | Aug 25, 2022 |
| Basis of Allotment | Aug 30, 2022 |
| Initiation of Refunds | Sep 1, 2022 |
| Credit of Shares to Demat | Sep 2, 2022 |
| Rhetan TMT IPO Listing Date | Sep 5, 2022 |
Rhetan TMT IPO Lot Size
The Rhetan TMT IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹140,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹140,000 |
| Maximum | 1 | 2000 | ₹140,000 |
Rhetan TMT IPO Promoter Holding
| Pre Issue Share Holding | 99.62% |
| Post Issue Share Holding | 62.12% |
Rhetan TMT IPO Review
Though the company’s top line shows growth, the sudden boost in margins for FY22 raises eyebrows. The segment is highly competitive and fragmented. Two listed group companies have not fared up to the mark. The issue is priced aggressively and hence there is no harm in giving it a miss. Read detail review…
Rhetan TMT IPO Subscription Status (Bidding Detail)
The Rhetan TMT IPO is subscribed 0.12 times on Aug 22, 2022 11:56:00 AM. The public issue subscribed 0.06 times in the retail category, times in the QIB category, and 0.17 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) |
|---|---|
| NII | 0.17 |
| Retail | 0.06 |
| Total | 0.12 |
Rhetan TMT IPO Prospectus
Company Cotact Informationn
Rhetan TMT Limited
7th Floor, Ashoka Chambers,
Rasala Marg, Mithakhali,
Ahmedabad- 380006
Phone: 9499850261
Email: rhetantmt@gmail.com
Website: http://www.rhetan.com/
Rhetan TMT IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com