Rathi Steel & Power Ltd IPO

Closed

Subscription Details

  • Open Date 19 May
  • Close Date 25 May
  • Lot Size 50
  • IPO Size ₹ 98 Cr
  • IPO Price Range ₹ 50
  • Min Investment ₹ 2500

Rathi Steel & Power Ltd IPO Timeline

Open Date
19 May
Close Date
25 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 1,96,00,000 Equity Shares through 100% Book Building Process of face value of Rs.10 each for cash at a price Rs.50, aggregating Rs.98.00 Crores(hereinafter referred to as the Issue). The Issue comprises of promoters Contribution of 80,00,000 Equity Shares aggregating to Rs.40.00 Crores and the net issue to the Public of 1,16,00,000 Equity Shares aggregating Rs.58.00 Crores (herein after referred to as Net Issue). The Issue would constitute 80.63 % of the fully diluted post Issue paid up of Rathi Udyog Ltd. Issue Price Rs.50 Per Equity Share of Face value of Rs. 10 each. The Issue Price is 5 times of the Face Value

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Rathi Steel & Power Ltd IPO

Contact Information

Address

Chauhan Market Madanpur Khadar,
Pocket-D & E Santa Vihar,
New Delhi, New Delhi 110076

Rathi Steel & Power Ltd IPO Lead Manager

BOB Capital Markets LtdUTI Securities Ltd
Open Demat Account