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IPO Snapshot
Rhetan TMT Ltd.
Issue Open Date 22-Aug-22  
Issue Closing Date 25-Aug-22  
Application Money 100  
Allotment Money  
Price Band 70 -  
Minimum Bid Quantity. 2000  
Issue Size (Shares) 8000000  
Market Lot 1  
Objective :
1. Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat – 382715.2. Funding Working capital requirements.3. General Corporate Purpose.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     8266000    
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description
Our Company owns and operates a Steel Rolling Mill with an aggregate installed capacity of 30,000 MTPA. We are an IS 1786: 2008 certified company and we manufacture TMT Bars and Round Bars which are primarily used in construction industry. Our products have been used...
Promoter's Holding
Total Share Capital   13200000  
Offered to Public   8000000  
Promoter's Holding (Pre-Issue)   99.62  
Promoter's Holding (Post-Issue)   62.12  
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Address
7th Floor
Ashoka Chambers
Rasala Marg
Mithakhali
Ahmedabad ,
Gujarat ,
380006
Phone : 09499850261
Email : rhetantmt@gmail.com
Website : www.rhetan.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE
Lead Manager
Aryaman Financial Services Ltd.
Promoters
Ashoka Metcast Ltd and Shalin Shah