73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Ranjeet Mechatronics IPO (Ranjeet Mechatronics Limited IPO) Detail

Ranjeet Mechatronics Limited is an Engineering based company, located in Ahmedabad, Ranjeet Mechatronics Limited IPO size was 4.50 Cr. and was issued at 25.00 per share. The share of Ranjeet Mechatronics Limited were listed at 28.85 per share and are currently trading at 13.06 per share.

Type :
Sub Sector : Business Of Providing Specialized Firefighting Solutions As A System Integrator.
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
18.04 Cr.

PAT :
0.91 Cr.

Pricing Report

Issue Price :
25.00

Listing Price :
28.85

Current Market Price :
13.06

Issue Price vs CMP :
11.94 (47.76%)

listing Price vs CMP :
15.79 (54.73%)

Performance Report (CAGR* wise)

CAGR : -9.23
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Ranjeet Mechatronics

Company Information
Initially, Ranjeet Mechatronics have obtained distributorship of agricultural engines, Industrial engines and marine engines from Kirloskar in the name of REPL. They were selling wide range of Domestic and Agriculture pumps, Industrial pumps, Customized and Engineered pumps, Motors, Alternators, Diesel engines which includes Domestic monoblock pumps, Borewell submersible pumps, Open well submersible pumps, End suction Bareshaft pumps, Horizontal multistage pumps, Vertical multistage pumps, Marine diesel engines, diesel generators sets etc. The company continuously progressed by officially marketing the said products in the rural, urban as well as various industrial sectors of Gujarat. In the year 2006-07, the company was awarded by Kirloskar Brother Limited for achieving 2nd highest sales turnover in Ahmedabad Region. In the year 2009, as per government rules and regulations in high
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Object of Issue
  • Net Incremental Working Capital Requirement
  • General Corporate Purposes

Ranjeet Mechatronics SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2018
IPO Size :
4.50 Cr.
IPO Subscription :
69.75 X     
PE Multiple :
18.00
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Ranjeet Mechatronics operates in Engineering and Business Of Providing Specialized Firefighting Solutions As A System Integrator.. The Issue is listed on BSE SME in Sep, 2018. Ranjeet Mechatronics IPO size was 4.50 Cr. with Issue price of 25.00 .

Ranjeet Mechatronics IPO subscription was 69.75 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.

Ranjeet Mechatronics IPO listed at a listing price of 28.85 against the offer price of 25.00.

The current market price of Ranjeet Mechatronics is 13.06.

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