Rajnandini Metal Ltd IPO

Invest IPO

Don’t have an account? Signup Now!

Public issue of 16,44,000 equity shares of face value of Rs.10 each fully paid up of Rajnandini Metal Limited (rajnandini or the company or the issuer) for cash at a price of Rs.26 per equity share (the issue price) (including a share premium of Rs.16 per equity share aggregating Rs.4.27 Crores (the issue) by the company, of which 84,000 equity shares of Rs. 26 fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,60,000 equity shares of Rs.26 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.76 % and 25.39 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 the issue price is Rs.26 the issue price is 2.6 times the face value

Rajnandini Metal Ltd IPO Subscription Details


Rajnandini Metal Ltd

Issue Type

Fixed Price - SME

Open Date

24 Sep

Close Date

27 Sep

Offer Price


Looking for More IPOs?

Don’t have an account? Signup Now!

How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Rajnandini Metal Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

Read more IPO FAQs

Contact Details of Rajnandini Metal Ltd IPO

Company Contact Information

Rajnandini Metal Ltd IPO
3E/17 B P N I T,
Faridabad, Haryana 121001.

Phone: 91-0129-4074043
Email: info@rajnandinimetal.com

Rajnandini Metal Ltd IPO Register

Bigshare Services Pvt Ltd

Rajnandini Metal Ltd IPO Lead Manager(s)

  • Corporate Capital Ventures Pvt Ltd

Open FREE Demat Account Today & Invest in IPOs at 0% Brokerage & Flat Fee per order.

What More?

  • No DP Charges*
  • Zero AMC*
  • Account Opening in 5 mins
  • All-in-one account for various investments

Don’t have an account? Signup Now!