The Ratnabhumi Developers IPO date has been confirmed to have started on December 4, 2017, and ended on December 6, 2017. Read the post to learn about Ratnabhumi Developers IPO GMP.
Ratnabhumi Developers wants to collect Rs 23.31 crores through an IPO. Each share is priced at ₹63. An application must have a minimum lot size of 2000 shares. Retail investors are needed to invest a minimum of ₹126,000.
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Key Details Of Ratnabhumi Developers IPO:
Bidding Dates
Dec 4-6
Price Range
₹63 per share
Face Value
₹10 per share
GMP
₹122.76
Ratnabhumi Developers IPO GMP
The Ratnabhumi Developers Limited IPO GMP is ₹122.76.
IPO Overview
Ratnabhumi Developers’ initial public offering (IPO) has a predetermined price of Rs 23.31 crore. Ratnabhumi Developers’ initial public offering (IPO) bidding began on December 4, 2017 and concluded on December 6, 2017. On December 14, 2017, the shares debuted on the BSE SME. Ratnabhumi Developers’ IPO price is 63 per share. An application requires a large size of 2000 shares. Retail investors must contribute a minimum of $126,000.
We have rented our Project Turquoise shops, places of work, and areas to corporate clients for their company, classified ads, and network gadget installation, in addition to selling and marketing their commercial places of work and stores.
Ratnabhumi Developers IPO Details
| IPO Date | December 4, 2017 to December 6, 2017 |
| Listing Date | December 14, 2017 |
| Face Value | ₹10 per share |
| Price | ₹63 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 3,700,000 shares (aggregating up to ₹23.31 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Ratnabhumi Developers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹126,000 |
| Retail (Max) | 1 | 2000 | ₹126,000 |
Ratnabhumi Developers IPO Listing Details
| Listing Date | December 14, 2017 |
| BSE Script Code | 540796 |
| NSE Symbol | |
| ISIN | INE821Y01011 |
| Final Issue Price | ₹63 per share |
Company Profile
Ratnabhumi Developers Limited is a property and production company based in Ahmedabad, Gujarat. Between 2009 and 2012, our business completed the Ratna TURQUOISE task, which is valued at Rs 65.63 crore. During 2012-17, the organisation’s primary commercial enterprise pastime became the sale and merchandising of industrial offices and retail created in our Turquoise venture.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Ratnabhumi Developers Limited |
| Phone number | +91 79 2642 4209 |
| Email ID | [email protected] |
| Website | ratnagroup.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- We need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ratnabhumi Developers IPO FAQs
When Ratnabhumi Developers IPO will open?
The Ratnabhumi Developers IPO opens on December 4, 2017 and closes on December 6, 2017.
What is the lot size of Ratnabhumi Developers IPO?
Ratnabhumi Developers IPO lot size is 2000 Shares, and the minimum amount required is ₹126,000.
When is Ratnabhumi Developers IPO listing date?
The Ratnabhumi Developers IPO listing date is on December 14, 2017.
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