Issue Price
₹26
Per Share
GMP
NIL
Grey Market
Est. Listing
₹26
Expected Price
Min. Application
₹208,000
2 lots × 4000 shares
Incorporated in 2010, Haryana based Rajnandini Metal Limited is a company engaged in the business of trading of covers base / primary metals, secondary metals & alloys, minor metals, ferroalloys, all ferrous & non-ferrous scraps, recyclable plastic scraps, steel products, and alloying additives for smelters and foundries.The company operates as an intermediary in the Metals Supply Chain whereby it imports/purchases materials from various suppliers and supply the same to its customers in the Metal Business.The company has 11 employees on its payroll.
Rajnandini Metal Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 84,000 | — | ₹0.22 Cr | — |
| TOTAL | 1,644,000 | 100.00% | ₹4.27 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| sNII (Min) | 14 | 56,000 | ₹1,456,000 |
| bNII (Min) | 68 | 272,000 | ₹7,072,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 14115.52 | 12730.96 | 13654.76 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 102.87 | 55.21 | 31.62 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3883.98 | 4250.62 | 3437.18 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |