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Ranjeet Mechatronics IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 4.50 Cr. The company is based in Ahmedabad and caters to Engineering sector. Beeline Capital Advisors is the merchant banker of Ranjeet Mechatronics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st August 2018.
Ranjeet Mechatronics IPO open date is 12th September 2018 and close date is 17th September 2018. IPO Allotment Date is 21st September 2018 and Listing date is 26th September 2018.
IPO
Size:
₹ 4.50 Cr.
Avg IPO Size (Sector Based)
: ₹
23.64 cr.
Sector: Engineering
SME
IPO so far:
102
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
74
City:
Ahmedabad
SME
IPO so far:
180
Revenue (annualised):
₹
18.04
cr. 
PE
Ratio:
18.00x
Average Sector PE Ratio: 15.21x
Ranjeet Mechatronics IPO size is ₹ 4.50 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Ranjeet Mechatronics IPO. Alankit Assignments Limited is the Registrar and Market Maker is Beeline Broking Limited for Ranjeet Mechatronics IPO.
Ranjeet Mechatronics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ranjeet Mechatronics IPO, based in Ahmedabad, operates in the Engineering sector with a focus on business of providing specialized firefighting solutions as a system integrator.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ranjeet Mechatronics IPO size is ₹ 4.50 Cr. with fresh issue size of ₹ 4.50 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ranjeet Mechatronics IPO is expected to be 21st September 2018, after the finalization of basis of allotment. Investors can check Ranjeet Mechatronics IPO allotment status on the registrars website, Alankit Assignments Limited . Ranjeet Mechatronics IPO refund dates are 25th September 2018.
Ranjeet Mechatronics IPO is expected to be listed on 26th September 2018.
The upper price band for the Ranjeet Mechatronics IPO is set at ₹ 25.00 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 Ranjeet Mechatronics 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 Ranjeet Mechatronics 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 17th September 2018. After submission, funds are blocked until the basis of allotment of Ranjeet Mechatronics IPO is finalised.
The merchant banker for Ranjeet Mechatronics IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ranjeet Mechatronics IPO RHP for further details.
The registrar for Ranjeet Mechatronics IPO is Alankit Assignments Limited . Investors can go to Alankit Assignments Limited registrar website for IPO allotment status, refund processing, and other queries related to Ranjeet Mechatronics IPO through their official website or helpline.
Ranjeet Mechatronics IPO was subscribed 69.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.50 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.64 Cr.
Sector: Engineering
SME
IPO so far:
102
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
74
City:
Ahmedabad
SME
IPO so far:
180
Revenue (annualised):
₹ 17.78 cr.
PE
Ratio:
18.00x
Average Sector PE Ratio: 15.21x
Ranjeet Mechatronics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ranjeet Mechatronics Financial Review Page
Merchant Banker(s) of Ranjeet Mechatronics IPO: Beeline Capital Advisors Private Limited
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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