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Ranjeet Mechatronics Limited IPO
BSE SMERs 1,50,000 / 6000 Shares
Ranjeet Mechatronics Limited IPO Details
The Ranjeet Mechatronics Limited IPO price band is set between Rs 25/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Alankit Assignments Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 12 Sep, 2018 and closes on 17 Sep, 2018. Investors can check the allotment status on 24 Sep, 2018, while the listing date is tentatively scheduled for 26 Sep, 2018.
The total issue size is Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 Cr, aggregating up to . Stay tuned for the latest Ranjeet Mechatronics Limited IPO review and GMP updates.
Ranjeet Mechatronics Limited IPO Review, Rating & Analysis
Ranjeet Mechatronics Limited IPO Review
NO REVIEWRanjeet Mechatronics Limited IPO Rating
Ranjeet Mechatronics Limited IPO Highlights
IPO Date
Sep 12, 2018 - Sep 17, 2018
Listing Date
26 Sep, 2018
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 25/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ranjeet Mechatronics Limited IPO Lot Size
The minimum market lot for Ranjeet Mechatronics Limited IPO is 6000 shares with an application amount of ₹1,50,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| S-HNI (Min) | 2 | 12000 | ₹3,00,000 |
| S-HNI (Max) | 6 | 36000 | ₹9,00,000 |
| B-HNI (Min) | 7 | 42000 | ₹10,50,000 |
Ranjeet Mechatronics Limited IPO Timeline
Issue Price
Rs 25/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Alankit Assignments LimitedLead Manager
Beeline Broking LimitedIssue Size
Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 CrPromoters & Share Holding
Promoter(s) Name
- Mr Rakesh Vallabhbhai Swadia
- Mr Devarshi Rakesh Swadia
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Ranjeet Mechatronics Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,52,000 | 8,52,000 | 17,04,000 |
Day 1 -12-09-18 | 75,00,000 8.80 x | 19,14,000 2.25 x | 94,14,000 5.52 x |
Day 2 -14-09-18 | 75,24,000 8.83 x | 41,94,000 4.92 x | 1,17,24,000 6.88 x |
Day 3 -17-09-18 | 6,60,12,000 77.48 x | 5,28,48,000 62.03 x | 11,88,60,000 69.75 x |
Frequently Asked Questions about Ranjeet Mechatronics Limited IPO IPO
When will Ranjeet Mechatronics Limited IPO open for subscription?
The Ranjeet Mechatronics Limited IPO opens on 12 Sep, 2018 and closes on 17 Sep, 2018.
What is the investors portion for Ranjeet Mechatronics Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 852000.
How to apply for Ranjeet Mechatronics Limited IPO?
You can apply for Ranjeet Mechatronics Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ranjeet Mechatronics Limited IPO?
The issue size of Ranjeet Mechatronics Limited IPO is approx ₹Total Fresh Issue of 18,00,000 Equity Shares of Rs 10/- at a price of Rs 25/- per share aggregating to Rs 4.5 Cr crores.
What is the price band of Ranjeet Mechatronics Limited IPO?
The price band for Ranjeet Mechatronics Limited IPO is Rs 25/ to ₹ Per Equity Share.
What is the lot size of Ranjeet Mechatronics Limited IPO?
The minimum bid (lot size) for Ranjeet Mechatronics Limited IPO is 6000 shares with an investment of approx Rs 1,50,000 .
What is the allotment date of Ranjeet Mechatronics Limited IPO?
The allotment date for Ranjeet Mechatronics Limited IPO is 24 Sep, 2018.
What is the listing date of Ranjeet Mechatronics Limited IPO?
The listing date for Ranjeet Mechatronics Limited IPO is expected to be 26 Sep, 2018.
What is the GMP of Ranjeet Mechatronics Limited IPO?
The latest Grey Market Premium (GMP) for Ranjeet Mechatronics Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.