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Ranjeet Mechatronics Ltd IPO

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Public issue of 18,00,000 equity shares of face value of Rs.10 each of Ranjeet Mechatronics Limited (ranjeet or the company or the issuer) for cash at a price of Rs. 25 per equity share including a share premium of Rs. 15 per equity share (the issue price) aggregating to Rs. 4.50 Crores (the issue), of which 96,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 25 per equity share including a share premium of Rs. 15 per equity share aggregating to Rs. 0.24 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of 17,04,000 equity shares of face value of Rs. 10 each at a price of Rs. 25 per equity share including a share premium of Rs.15 per equity share aggregating to Rs. 4.26 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 27.27% and 25.82% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 25. The issue price is 2.5 times of the face value.

Ranjeet Mechatronics Ltd IPO Subscription Details

Company

Ranjeet Mechatronics Ltd

Issue Type

Fixed Price - SME

Open Date

12 Sep

Close Date

17 Sep

Offer Price

25.00

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  • 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

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Contact Details of Ranjeet Mechatronics Ltd IPO

Company Contact Information

Ranjeet Mechatronics Ltd IPO
Block A 407 4th Floor,
Anand Nagar Cross Road,
Ahmedabad, Gujarat 380015.

Phone: 91-79-40009390
Email: info@ranjeet.co.in

Ranjeet Mechatronics Ltd IPO Register

Alankit Assignments Ltd

Ranjeet Mechatronics Ltd IPO Lead Manager(s)

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