Issue Price
₹25
Per Share
GMP
NIL
Grey Market
Est. Listing
₹25
Expected Price
Min. Application
₹300,000
2 lots × 6000 shares
Incorporated in 1949, Ahmedabad based Ranjeet Mechatronics Limited is a company engaged in the business of providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in installation, designing, commission, testing, implementation, management and operational support for security and fire solutions.Some of the projects completed by the company are-1. Chennai Metro Rail Pump House2. Goa Shipyard Modernisation Project Phase- 3A3. Medical College Sola, Ahmedabad4. Kalpana Chawla Government Medical, College, Karnal Haryana5. Vardhaman Institute of MedicalScience (VIMS) ProjectThe company has 27 employees on its payroll.Competitive Strengths-1. Over 2 decades of experience2. Perfectly positioned to benefit from government's focus on infrastructure3. Good track record of timely completion of projects
Ranjeet Mechatronics Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 96,000 | — | ₹0.24 Cr | — |
| TOTAL | 1,800,000 | 100.00% | ₹4.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| sNII (Min) | 14 | 84,000 | ₹2,100,000 |
| bNII (Min) | 68 | 408,000 | ₹10,200,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 1803.69 | 1763.73 | 2528.67 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 91.31 | 50.95 | 16.08 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2241.69 | 2084.00 | 1805.68 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |