Rbm Infracon IPO is engaged in the engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment.
Rbm Infracon IPO – Overview
| IPO Dates | 23-27 Dec 2022. |
| IPO Price | INR 100 per share |
| Fresh issue | 2,325,000 shares (INR 8.38 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,325,000 shares (INR 8.38 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Rbm Infracon IPO -Tentative Dates
| IPO Offer Opening Date | 23 December 2022 |
| IPO Closing Date | 27 December 2022 |
| Finalisation of Basis of Allotment | 30 December 2022 |
| Initiation of refunds | 2 January 2023 |
| Transfer of shares to demat accounts | 3 January 2023 |
| IPO Listing Date | 4 January 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
RBM Infracon Limited is primarily engaged in engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc.
Its key business services include Fabrication & Erection of structural work, Fabrication & Erection of Piping, ARC maintenance, Turnaround, blasting & painting, Insulation and Refractory, Electrical and Instrumentation, NDT services, and others.
The firm provides services at different plants like CDU-VDU, DHDS, NHT-CCR, HMU-I & II, CPP, DCU, Rail and Jetty and is also involved in ARC maintenance jobs in RIL-Jamnagar and YARA-Babrala. It has successfully executed 14 Turnaround Shutdowns at Reliance Industries Ltd (RIL), Nayara Energy, and Yara Fertilisers.
As on Sep 6, 2022, it has an order book value of Rs 121 Crores, and recently, it has received a new order worth Rs 200 Crores from Malco Energy Ltd for operations & maintenance of the Metcoke Manufacturing Plant.
Objects of the Issue
- Funding Working Capital Requirement.
- General Corporate Purpose.
Company Financials
| Particulars | 31-March-22 | 31-Mar-21 | 31-Mar-20 |
| Total Assets | 2503.6 | 2333.62 | 2115.97 |
| Total Revenue | 4763.06 | 3888.74 | 3516.78 |
| Profit After Tax | 190.99 | -133.24 | -12.03 |
Company Contact Information
RBM Infracon Limited
C/O Rahul Mani Tripathi Mb Complex,
Main Road, Baitalpur, 274201
Phone: 0288-2710463
Email: info@rbminfracon.com
Website: http://www.rbminfracon.com/
RBM Infracon IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
RBM Infracon IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
IPO Lead Manager Performance Summary
IPO Lead Manager Performance Tracker
