RKEC Projects IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 28.70 Cr. The company is based in Visakhapatnam and caters to Infrastructure sector. Hem Securities is the merchant banker of RKEC Projects IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th September 2016.
RKEC Projects IPO open date is 25th September 2017 and close date is 28th September 2017. IPO Allotment Date is 30th November -0001 and Listing date is 9th October 2017.RKEC Projects IPO size is ₹ 28.70 Cr. with IPO price of ₹ 45.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the RKEC Projects IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for RKEC Projects IPO.
RKEC Projects IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
RKEC Projects IPO, based in Visakhapatnam, operates in the Infrastructure sector with a focus on business of Civil Construction such as construction of Highways roads and bridges. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. RKEC Projects IPO size is ₹ 28.70 Cr. with fresh issue size of ₹ 29 and Offer for sale being ₹ Nil
The IPO allotment date for RKEC Projects IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check RKEC Projects IPO allotment status on the registrars website, Bigshare Services Private Limited . RKEC Projects IPO refund dates are 30th November -0001.
RKEC Projects IPO is expected to be listed on 9th October 2017.
The upper price band for the RKEC Projects IPO is set at ₹ 45.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on RKEC Projects IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the RKEC Projects IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th September 2017. After submission, funds are blocked until the basis of allotment of RKEC Projects IPO is finalised.
The merchant banker for RKEC Projects IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RKEC Projects IPO RHP for further details.
The registrar for RKEC Projects IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to RKEC Projects IPO through their official website or helpline.
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RKEC Projects IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RKEC Projects Financial Review Page
Merchant Banker(s) of RKEC Projects IPO: Hem Securities Limited
RKEC Projects IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
RKEC Projects IPO listed at a listing price of 54.00 against the offer price of 45.00.
The current market price of RKEC Projects is 74.98.
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