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Open
2 Apr 2004
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Close
10 Apr 2004
3
Allotment
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Listing
Wed, May 5, 2004
Price Band
₹20 per share
Issue Size
84,75,000 shares (agg. up to ₹17 Cr)
Listing Date
Wed, May 5, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|
| Assets | 27.69 | 20.09 | 14.01 | 12.18 |
| Total Income | 25.75 | 29.48 | 23.33 | 16.68 |
| Profit After Tax | 1.10 | 0.61 | 0.87 | 0.79 |
| NET Worth | 8.45 | 5.34 | 3.81 | 3.02 |
| Reserves and Surplus | 2.91 | 2.74 | 2.13 | 1.52 |
| Total Borrowing | 11.92 | 9.90 | 7.08 | 5.90 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land & Site Development | 0.31 |
| 2 | Shed & Building | 2.26 |
| 3 | Plant & Machinery - Imported | 5.17 |
| 4 | Plant & Machinery - Indigenous | 11.66 |
| 5 | Miscellaneous Fixed Assets | 1.46 |
| 6 | Pre-operative Expenses | 1.06 |
| 7 | Contingencies | 1.10 |
| 8 | Margin for Working Capital | 2.53 |
| 9 | Estimated Issue and Listing Expenses | 0.75 |
| Total | 26.29 |
About Ramkrishna Forgings IPO
Incorporated on November 11, 1981, Ramkrishna Forgings Limited is engaged in the manufacturing of forged components for industries such as automobiles, railways, defence, aerospace, construction equipment, mining, and capital goods. The company manufactures closed die, open die, cold forged, and rolled ring forged products using materials such as alloy steel, carbon steel, stainless steel, aluminium, titanium, and super alloys. The company operates manufacturing facilities in Adityapur Industrial Area, Jamshedpur, and Liluah, Howrah, and has acquired additional land for expansion. Its products are widely used in automotive components, industrial machinery, aerospace systems, defence equipment, and heavy engineering applications. The company focuses on producing high-strength and durable forged products through advanced forging technologies and machining capabilities.+ Read More
Contact Details
Ramkrishna Forgings Ltd. Address6, Waterloo Street4th FloorKolkata, West Bengal, 700069033 2242-0018info@ramkrishnaforgings.comVisit Website