Ranjeet Mechatronics IPO is all set to make its debut on 12st Sept 18 with 4.5Cr is a company engaged in the business of providing specialized firefighting solutions as a system integrator.
Ranjeet Mechatronics IPO – overview
| IPO Dates | 12-17 sept 18 |
| IPO Price | INR 25 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,800,000 shares (INR 4.5 crore) |
| Minimum bid (lot size) | 6000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Ranjeet Mechatronics IPO – Tentative Dates
| IPO Offer Opening Date | 12 Sept 2018 |
| IPO Closing Date | 17 Sept 2018 |
| Finalization of Basis of Allotment | 21 Sept 2018 |
| Initiation of refunds | 25 Sept 2018 |
| Transfer of shares to demat accounts | 25 Sept 2018 |
| IPO Listing Date | 26 Sept 2018 |
Company Overview
Incorporated in 1949, Ahmedabad based Ranjeet Mechatronics Limited is a company engaged in the business of providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in installation, designing, commission, testing, implementation, management and operational support for security and fire solutions.
Some of the projects completed by the company are-
1. Chennai Metro Rail Pump House
2. Goa Shipyard Modernisation Project Phase- 3A
3. Medical College Sola, Ahmedabad
4. Kalpana Chawla Government Medical, College, Karnal Haryana
5. Vardhaman Institute of Medical
Science (VIMS) Project
Competitive Strengths-
1. Over 2 decades of experience
2. Perfectly positioned to benefit from the government’s focus on infrastructure
3. Good track record of timely completion of projects.
Objects of the Issue
- Net Incremental Working Capital Requirement.
- General corporate Purpose
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 2,241.69 | 2,084.00 | 1,805.68 |
| Total Revenue | 1,803.69 | 1,763.73 | 2,528.67 |
| Profit After Tax | 91.31 | 50.95 | 16.08 |
Company Contact Information
Ranjeet Mechatronics Limited
Block A, 407 – 4th Floor
Dev Aurum, Anand Nagar Cross Road
Prahladnagar Road, Ahmedabad – 380 015
Phone: 079 – 4000 9390
Email: cs.compliance@ranjeet.co.in
Website: http://www.ranjeet.co.in/
Ranjeet Mechatronics IPO Registrar
Alankit Assignments Ltd
Phone: (011) 4254 1234
Email: ipo@alankit.com
Website: https://www.alankit.com/
Ranjeet Mechatronics IPO Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
