Issue Open Date
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22-Aug-22
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Issue Closing Date
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25-Aug-22
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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70
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Minimum Bid Quantity.
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2000
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Issue Size (Shares)
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8000000
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Market Lot
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1
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Objective :
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved
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Bid For
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Non-Institutional Investors
|
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8266000
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Qualified Institutional Buyers
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|
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Retail Individual Investors
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|
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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 be
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Promoter's Holding
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Total Share Capital
|
13200000
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Offered to Public
|
8000000
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Promoter's Holding (Pre-Issue)
|
99.62
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Promoter's Holding (Post-Issue)
|
62.12
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More..
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Address
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7th Floor Ashoka Chambers Rasala Marg Mithakhali
Ahmedabad
,
Gujarat
,
380006
Phone :
079 26463226 / 7
Email :
rhetantmt@gmail.com
Website :
www.rhetan.com
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Registrar
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Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village Opp: Yashoda Hospital Raj Bhavan Road Somajiguda Hyderabad
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Listed at
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BSE
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Lead Manager
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Aryaman Financial Services Ltd.
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Promoters
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Ashoka Metcast Ltd and Shalin Shah
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