IPO Synopsis

Rhetan TMT Ltd

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 Rs. 10 each ("Equity Shares") of Rhetan TMT Limited ("RTL" or the "Company") for cash at a price of Rs. 70 per share (the "Issue Price"), aggregating to Rs. 56.00 croress ("The Issue"), of which upto 4,16,000 equity shares of Rs. 10 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 Rs. 10 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 Rs. 10 and the issue price is 7 times of the face value. Issue Opens On Closes On 22-Aug-22 25-Aug-22 Money Payable On Application Allotment 70.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 55.00 Aryaman Financial Services Ltd Project Financed through Current Offer (.Cr) 56.00   Post Issue Equity Share Capital (.Cr) 21.25 Issue Price () 70.00

Projects

Funding capital expenditure for expansion and modernization at 325, Funding working capital requirements General corporate purposes

Promoted By

Ashoka Metcast Ltd

Shalin Shah

Listing At

BSE - SME

Registrar to the Issue

No Data Available