Ranjeet Mechatronics Ltd

- Beeline Broking Ltd

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

    • Opens On12 Sep 2018
    • Closes On17 Sep 2018
  • Money Payable On

    • Application25
    • Allotment0
  • Project Cost (Cr.)4.5
  • Post Issue Equity Share Capital (Cr.)6.6
  • Issue Price (D)25

Further Multiples of: 6000

Projects

  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Alankit Assignments Ltd

    Block A 407 4th Floor Anand Nagar Cross Road Ahmedabad

    Gujarat- 380015

    Phone - 91-79-40009390

    Fax -

    Email - info@ranjeet.co.in

    Website - www.ranjeet.co.in

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