Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
Incorporated in 1984, Rhetan TMT Limited manufactures TMT Bars and Round Bars which are primarily used in the construction industry. The company's plant is located in Gujarat and is spread over 15,000 sq. yards. The company's products have been used in the construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.Competitive Strengths :Well educated and experienced management.Group SynergiesLocation of the Manufacturing Unit
Rhetan TMT Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 416,000 | — | ₹2.91 Cr | — |
| TOTAL | 8,000,000 | 100.00% | ₹56.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 2008.26 | 5213.01 | 6703.45 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | -58.04 | 13.44 | 234.57 |
| Net Worth | 30.21 | 783.65 | 2313.21 |
| Total Assets | 3046.86 | 3980.65 | 5900.06 |
| Reserves & Surplus | -311.65 | -298.21 | 1046.35 |
| Total Borrowings | N/A | N/A | N/A |