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IPO Synopsis
Ranjeet Mechatronics Ltd
Registered Office: Block A 407 4th Floor,Anand Nagar Cross Road, Ahmedabad - 380015, Gujarat, India.
Phone : 91-79-4000 9390   Fax:
Email :  cs.compliance@ranjeet.co.in  
Website :  www.ranjeet.co.in
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.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Sep-18 17-Sep-18 25.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 4.50 Beeline Broking Ltd
Project Financed through Current Offer 4.50  
Post Issue Equity Share Capital 6.60  
Issue Price 25.00  
Projects
Net Incremental Working Capital Requirement General Corporate Purposes
Promoted By
Rakesh Vallabhbhai Swadia
Devarshi Rakesh Swadia
Listing At
BSE - SME
Registrar to the Issue
Alankit Assignments Ltd
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SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
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