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Rhetan TMT Ltd

Registered Office: 7th Floor Ashoka Chambers,Rasala Marg Mithakhali, Ahmedabad - 380006, Gujarat, India.
Phone : 91-9499850261   Fax:
Email :  rhetantmt@gmail.com  
Website :  www.rhetan.com

Initial public offer of upto 80,00,000 equity shares of Rs. 10 each ("Equity Shares") of Rhetan TMT Limited ("RTL" or the "Company") for cash at a price of Rs. 70 per share (the "Issue Price"), aggregating to Rs. 56.00 croress ("The Issue"), of which upto 4,16,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 75,84,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.65% and 35.69 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 7 times of the face value.

Issue Money Payable On
Opens on Closes On Application Allotment
22-Aug-22 25-Aug-22 70.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 55.00 Aryaman Financial Services Ltd
Project Financed through Current Offer 56.00  
Post Issue Equity Share Capital 21.25  
Issue Price 70.00  

Project

  • Funding capital expenditure for expansion and modernization at 325,
  • Funding working capital requirements
  • General corporate purposes

Promoted By

Ashoka Metcast Ltd

Shalin Shah

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.