IPO IPO-Synopsis
Rhetan TMT Ltd

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Registered Office: 7th Floor Ashoka Chambers,Rasala Marg Mithakhali , Ahmedabad - 380006 , Gujarat , India.
Phone : 91-9499850261   Fax:
Email :  rhetantmt@gmail.com  
Website :  www.rhetan.com
Initial public offer of upto 80,00,000 equity shares of Rs10 each ("Equity Shares") of Rhetan TMT Limited ("RTL" or the "Company") for cash at a price of Rs70 per share (the "Issue Price"), aggregating to Rs56.00 croress ("The Issue"), of which upto 4,16,000 equity shares of Rs10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 75,84,000 equity shares of Rs10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.65% and 35.69 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs10 and the issue price is 7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Aug-22 25-Aug-22 Rs70.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 55.00
Aryaman Financial Services Ltd
Project Financed through Current Offer 56.00  
Post Issue Equity Share Capital 21.25  
Issue Price Rs70.00  
Projects
Funding capital expenditure for expansion and modernization at 325,General corporate purposes
Funding working capital requirements
Promoted By
Ashoka Metcast Ltd
Shalin Shah
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd