RKEC Projects Ltd IPO
NSE SMERs 1,35,000 / 3000 Shares
RKEC Projects Ltd IPO Details
The RKEC Projects Ltd IPO price band is set between Rs 45 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 25 Sep, 2017 and closes on 28 Sep, 2017. Investors can check the allotment status on 4 Oct, 2017, while the listing date is tentatively scheduled for 9 Oct, 2017.
The total issue size is 63,78,000 Equity Shares of Rs 10 aggregating up to Rs 28.70 Cr, aggregating up to . Stay tuned for the latest RKEC Projects Ltd IPO review and GMP updates.
RKEC Projects Ltd IPO Review, Rating & Analysis
RKEC Projects Ltd IPO Review
NO REVIEWRKEC Projects Ltd IPO Rating
RKEC Projects Ltd IPO Highlights
IPO Date
Sep 25, 2017 - Sep 28, 2017
Listing Date
9 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 45 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
RKEC Projects Ltd IPO Lot Size
The minimum market lot for RKEC Projects Ltd IPO is 3000 shares with an application amount of ₹1,35,000. 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 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
RKEC Projects Ltd IPO Timeline
Issue Price
Rs 45 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Hem Securities LimitedIssue Size
63,78,000 Equity Shares of Rs 10 aggregating up to Rs 28.70 CrPromoters & Share Holding
Promoter(s) Name
- Radhakrishna Garapati
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
RKEC Projects Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 30,27,000 | 30,27,000 | 60,54,000 |
Day 1 -25-09-17 | 1.44 x | 0.09 x | 0.76 x |
Day 2 -26-09-17 | 1.65 x | 0.32 x | 0.98 x |
Day 3 -27-09-17 | 2.27 x | 1.09 x | 1.68 x |
Day 4 -28-09-17 | 30.48 x | 7.92 x | 19.20 x |
Frequently Asked Questions about RKEC Projects Ltd IPO IPO
When will RKEC Projects Ltd IPO open for subscription?
The RKEC Projects Ltd IPO opens on 25 Sep, 2017 and closes on 28 Sep, 2017.
What is the investors portion for RKEC Projects Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3027000.
How to apply for RKEC Projects Ltd IPO?
You can apply for RKEC Projects Ltd 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 RKEC Projects Ltd IPO?
The issue size of RKEC Projects Ltd IPO is approx ₹63,78,000 Equity Shares of Rs 10 aggregating up to Rs 28.70 Cr crores.
What is the price band of RKEC Projects Ltd IPO?
The price band for RKEC Projects Ltd IPO is Rs 45 Per Equity Share to ₹undefined.
What is the lot size of RKEC Projects Ltd IPO?
The minimum bid (lot size) for RKEC Projects Ltd IPO is 3000 shares with an investment of approx Rs 1,35,000 .
What is the allotment date of RKEC Projects Ltd IPO?
The allotment date for RKEC Projects Ltd IPO is 4 Oct, 2017.
What is the listing date of RKEC Projects Ltd IPO?
The listing date for RKEC Projects Ltd IPO is expected to be 9 Oct, 2017.
What is the GMP of RKEC Projects Ltd IPO?
The latest Grey Market Premium (GMP) for RKEC Projects Ltd 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.
