RMC Switchgears IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.15 Cr. The company is based in Jaipur and caters to Electric Equipments sector. Hem Securities is the merchant banker of RMC Switchgears IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th February 2017.
RMC Switchgears IPO open date is 28th February 2017 and close date is 3rd March 2017. IPO Allotment Date is 30th November -0001 and Listing date is 14th March 2017.RMC Switchgears IPO size is ₹ 4.15 Cr. with IPO price of ₹ 27.00. 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 RMC Switchgears IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Securities Limited for RMC Switchgears IPO.
RMC Switchgears IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
RMC Switchgears IPO, based in Jaipur, operates in the Electric Equipments sector with a focus on manufacturing all types of enclosures in Sheet Molded Compound Deep Drawn Fabricated and Polycarbonate under one roof. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. RMC Switchgears IPO size is ₹ 4.15 Cr. with fresh issue size of ₹ 4 and Offer for sale being ₹ Nil
The IPO allotment date for RMC Switchgears IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check RMC Switchgears IPO allotment status on the registrars website, Link Intime India Private Limited . RMC Switchgears IPO refund dates are 30th November -0001.
RMC Switchgears IPO is expected to be listed on 14th March 2017.
The upper price band for the RMC Switchgears IPO is set at ₹ 27.00 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 RMC Switchgears 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 RMC Switchgears 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 3rd March 2017. After submission, funds are blocked until the basis of allotment of RMC Switchgears IPO is finalised.
The merchant banker for RMC Switchgears IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RMC Switchgears IPO RHP for further details.
The registrar for RMC Switchgears IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to RMC Switchgears IPO through their official website or helpline.
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RMC Switchgears IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RMC Switchgears Financial Review Page
Merchant Banker(s) of RMC Switchgears IPO: Hem Securities Limited
RMC Switchgears 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.
RMC Switchgears IPO listed at a listing price of 32.40 against the offer price of 27.00.
The current market price of RMC Switchgears is 850.25.
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