Rajnandini Metal IPO is all set to make its debut on 24th Sept 18 with 4.27 Cr is a company engaged in the business of trading of covers base / primary metals, secondary metals & alloys.
Rajnandini Metal IPO – overview
| IPO Dates | 24-27 sept 18 |
| IPO Price | INR 26 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,644,000 shares (INR 4.27 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2010, Haryana based Rajnandini Metal Limited is a company engaged in the business of trading of covers base / primary metals, secondary metals & alloys, minor metals, ferroalloys, all ferrous & non-ferrous scraps, recyclable plastic scraps, steel products, and alloying additives for smelters and foundries.
The company operates as an intermediary in the Metals Supply Chain whereby it imports/purchases materials from various suppliers and supply the same to its customers in the Metal Business.
The company has 11 employees on its payroll.
Objects of the Issue
- Working Capital requirements.
- General Corporate Expenses
- Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 3,883.98 | 4,250.62 | 3,437.18 |
| Total Revenue | 14,115.52 | 12,730.96 | 13,654.76 |
| Profit After Tax | 102.87 | 55.21 | 31.62 |
Company Contact Information
Rajnandini Metal Limited
3E/17 B.P. N.I.T
Faridabad
Haryana-121001
Phone: 0129-4074043
Email: info@rajnandinimetal.com
Website: http://www.rajnandinimetal.com/
Rajnandini Metal IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Rajnandini Metal IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
