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Rajnandini Metal IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 4.27 Cr. The company is based in Faridabad and caters to Metal sector. Corporate Capital Ventures is the merchant banker of Rajnandini Metal IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th June 2018.
Rajnandini Metal IPO open date is 24th September 2018 and close date is 27th September 2018. IPO Allotment Date is 30th November -0001 and Listing date is 8th October 2018.
IPO
Size:
₹ 4.27 Cr.
Avg IPO Size (Sector Based)
: ₹
19.65 cr.
Sector: Metal
SME
IPO so far:
13
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
Faridabad
SME
IPO so far:
7
Revenue (annualised):
₹
141.16
cr. 
PE
Ratio:
17.00x
Average Sector PE Ratio: 20.67x
Rajnandini Metal IPO size is ₹ 4.27 Cr. with IPO price of ₹ 26.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Corporate Capital Ventures Private Limited is the book-running lead manager of the Rajnandini Metal IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Share India Securities Limited for Rajnandini Metal IPO.
Rajnandini Metal IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rajnandini Metal IPO, based in Faridabad, operates in the Metal sector with a focus on business of trading of covers base / primary metals secondary metals & alloys. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Rajnandini Metal IPO size is ₹ 4.27 Cr. with fresh issue size of ₹ 4.27 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rajnandini Metal IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Rajnandini Metal IPO allotment status on the registrars website, Bigshare Services Private Limited . Rajnandini Metal IPO refund dates are 30th November -0001.
Rajnandini Metal IPO is expected to be listed on 8th October 2018.
The upper price band for the Rajnandini Metal IPO is set at ₹ 26.00 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 Rajnandini Metal 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 Rajnandini Metal 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 27th September 2018. After submission, funds are blocked until the basis of allotment of Rajnandini Metal IPO is finalised.
The merchant banker for Rajnandini Metal IPO is Corporate Capital Ventures Private Limited . Corporate Capital Ventures Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rajnandini Metal IPO RHP for further details.
The registrar for Rajnandini Metal 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 Rajnandini Metal IPO through their official website or helpline.
Rajnandini Metal IPO was subscribed 1.38 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.27 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.65 Cr.
Sector: Metal
SME
IPO so far:
13
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
Faridabad
SME
IPO so far:
7
Revenue (annualised):
₹ 140.87 cr.
PE
Ratio:
17.00x
Average Sector PE Ratio: 20.67x
Rajnandini Metal IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rajnandini Metal Financial Review Page
Merchant Banker(s) of Rajnandini Metal IPO: Corporate Capital Ventures Private Limited
Rajnandini Metal IPO subscription was 1.38 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.
Rajnandini Metal IPO listed at a listing price of 33.25 against the offer price of 26.00.
The current market price of Rajnandini Metal is 4.75.
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