Ranjeet Mechatronics IPO Review, Dates, Price Band, Allotment & Market Lot

Table of Contents

Ranjeet Mechatronics Limited is incorporated in 1949 based in Ahmedabad. The company if providing firefighting solutions as a system integrator. It provides full solutions from installation, designing, commision, testing, implementation and management to operation and support for fire solutions. The company already completed projects like Chennai Metro Rail Pump House, Goa Shipyard Modernisation Project Phase- 3A, Medical College Sola, Ahmedabad, Kalpana Chawla Government Medical, College, Karnal Haryana, Vardhaman Institute of Medical
Science (VIMS) Project. They have 27 employees on payroll. Ranjeet Mechatronics ipo is starting from 12-September and ends on 17-September. The price band is around Rs.25 with 6000 market lot. The ipo size is around 4.50 crore rupees.

IPO Review:

  • Apply for Listing Gain (High Demand)

Ranjeet Mechatronics IPO Dates & Price Band:

  • IPO Open: 12-September-2018
  • IPO Close: 17-September-2018
  • IPO Size: Approx Rs 04.50 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.25 Per Equity Share
  • Listing on: BSE SME
  • Shares: 18,00,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 6,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,50,000

IPO Allotment & Listing:

  • Basis of Allotment: 21-September-2018
  • Refunds: 25-September-2018
  • Credit to demat accounts: 25-September-2018
  • Listing: 26-September-2018

Financial Results:

  Rs. in Crore
Revenue Expense PAT
2014 10.9 10.8 0.03
2015 24.0 23.9 0.05
2016 25.3 25.0 0.16
2017 17.6 16.9 0.51
2018 18.0 16.7 0.91

Ranjeet Mechatronics IPO Important Links:

Company Promoters:

  • Mr. Rakesh Vallabhbhai Swadia
  • Devarshi Rakesh Swadia

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Alankit Assignments Ltd
Phone : (011) 4254 1234
Fax: (011) 4254 1967
Email: [email protected]
Website : http://www.alankit.com

IPO Lead Managers:

  • Beeline Broking Ltd

Company Address:
Ranjeet Mechatronics Limited
Block A, 407 – 4th Floor
Dev Aurum, Anand Nagar Cross Road
Prahladnagar Road, Ahmedabad – 380 015
Phone : 079 – 4000 9390
Email: [email protected]
Website: http://www.ranjeet.co.in/

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.