Ranjeet Mechatronics Limited IPO bidding started from September 12, 2018 and ended on September 17, 2018. Read the post to learn about Ranjeet Mechatronics Limited IPO GMP.
Ranjeet Mechatronics Limited IPO is a fixed price issue of Rs 4.50 crores. Ranjeet Mechatronics IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
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Key Details Of Ranjeet Mechatronics Limited IPO:
Bidding Dates
Sep 12-17
Price Range
₹25 per share
Face Value
₹10 per share
GMP
₹55
Ranjeet Mechatronics Limited IPO GMP
The Ranjeet Mechatronics Limited IPO GMP is ₹55.
Ranjeet Mechatronics Limited IPO Overview
Ranjeet Mechatronics IPO is a fixed price issue of Rs 4.50 crores. Ranjeet Mechatronics IPO bidding started on September 12, 2018, and ended on September 17, 2018. The allotment for Ranjeet Mechatronics IPO was finalized on Friday, September 21, 2018. The shares were listed on BSE SME on September 26, 2018.
Ranjeet Mechatronics IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
Ranjeet Mechatronics Limited IPO Details
IPO Date | September 12, 2018 to September 17, 2018 |
Listing Date | September 26, 2018 |
Face Value | ₹10 per share |
Price | ₹25 per share |
Lot Size | 6000 Shares |
Total Issue Size | 1,800,000 shares (aggregating up to ₹4.50 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Market Maker portion | 96,000 shares |
Ranjeet Mechatronics Financial Information
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
Total Assets | 2,241.69 | 2,084.00 | 1,805.68 | 1,396.98 | 764.98 | |
Total Revenue | 1,803.69 | 1,763.73 | 2,528.67 | 2,400.03 | 1,090.28 | |
Profit After Tax | 91.31 | 50.95 | 16.08 | 4.90 | 3.09 |
Ranjeet Mechatronics IPO Timeline
IPO Open Date | Wednesday, September 12, 2018 |
IPO Close Date | Monday, September 17, 2018 |
Basis of Allotment | Friday, September 21, 2018 |
Initiation of Refunds | Tuesday, September 25, 2018 |
Credit of Shares to Demat | Tuesday, September 25, 2018 |
Listing Date | Wednesday, September 26, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on September 17, 2018 |
Company Profile
![Ranjeet Mechatronics Limited](https://ipoupcoming.com/wp-content/uploads/2024/02/Untitled-design-7.jpg)
Incorporated in 1949, Ahmedabad-based Ranjeet Mechatronics Limited is a company engaged in the business of providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in installation, designing, commission, testing, implementation, management, and operational support for security and fire solutions. Some of the projects completed by the company are-
- Chennai Metro Rail Pump House
- Goa Shipyard Modernisation Project Phase- 3A
- Medical College Sola, Ahmedabad
- Kalpana Chawla Government Medical, College, Karnal Haryana
Registrar Info
Name | Alankit Assignments Ltd |
Phone number | (011) 4254 1234 |
Email ID | [email protected] |
Website | ipo.alankit.com |
Contact Details
Name | Ranjeet Mechatronics Limited |
Phone number | 079 – 4000 9390 |
Email ID | [email protected] |
Website | ranjeet.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.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ranjeet Mechatronics IPO FAQs
When Ranjeet Mechatronics IPO will open?
The Ranjeet Mechatronics IPO opens on September 12, 2018 and closes on September 17, 2018.
What is the lot size of Ranjeet Mechatronics IPO?
Ranjeet Mechatronics IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.
![Fire Fighting](https://ipoupcoming.com/wp-content/uploads/2024/04/Firefighting.jpg)
![Ranjeet Mechatronics IPO Logo](https://ipoupcoming.com/wp-content/uploads/2024/04/ranjeet-ipo-logo.jpg)
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