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Open
12 Sep 2018
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Close
17 Sep 2018
3
Allotment
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Listing
Wed, Sep 26, 2018
Price Band
₹25 per share
Issue Size
18,00,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Sep 26, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 68.84x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 22.42 | 20.84 | 18.06 |
| Total Income | 18.04 | 17.64 | 25.29 |
| Profit After Tax | 0.91 | 0.51 | 0.16 |
| NET Worth | 2.59 | 1.67 | 1.16 |
| Reserves and Surplus | 2.04 | 1.12 | 0.61 |
| Total Borrowing | 12.16 | 10.09 | 7.71 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Giriraj Civil Developers Ltd. | SME | ₹9.00 Cr | ₹100 | null | ₹100.10 | +0.10% | ₹121.85 (-6.16%) |
| Shreeshay Engineers Ltd. | SME | ₹5.40 Cr | ₹15 | null | ₹15.23 | +1.53% | ₹28.00 (-3.45%) |
| Banka BioLoo Ltd. | SME | ₹12.63 Cr | ₹115 | null | ₹115.00 | +0.00% | ₹93.40 (+4.94%) |
| Zodiac Energy Ltd. | SME | ₹10.14 Cr | ₹52 | null | ₹51.10 | -1.73% | ₹261.45 (-0.89%) |
| CMM Infraprojects Ltd. | SME | ₹18.18 Cr | ₹40 | null | ₹42.25 | +5.62% | ₹2.40 (+2.13%) |
| RKEC Projects Ltd. | SME | ₹28.70 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹26.74 (+1.10%) |
| RITES Ltd. | Mainboard | ₹460.51 Cr | ₹185 | null | ₹213.30 | +15.30% | ₹218.09 (-0.46%) |
| H.G.Infra Engineering Ltd. | Mainboard | ₹462.00 Cr | ₹270 | null | ₹267.75 | -0.83% | ₹549.85 (-1.16%) |
| Capacit'e Infraprojects Ltd. | Mainboard | ₹400.00 Cr | ₹250 | null | ₹342.55 | +37.02% | ₹225.10 (-0.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Net Incremental Working Capital Requirement | 3.12 |
| 2 | General corporate Purpose | 1.00 |
About Ranjeet Mechatronics IPO
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 House2. Goa Shipyard Modernisation Project Phase- 3A3. Medical College Sola, Ahmedabad4. Kalpana Chawla Government Medical, College, Karnal Haryana5. Vardhaman Institute of MedicalScience (VIMS) ProjectThe company has 27 employees on its payroll.Competitive Strengths-1. Over 2 decades of experience2. Perfectly positioned to benefit from government's focus on infrastructure3. Good track record of timely completion of projects+ Read More
Contact Details
Ranjeet Mechatronics Ltd. AddressBlock A, 407-4th FloorDev Aurum, Anand Nagar Cross RoadPrahladnagar RoadAhmedabad, Gujarat, 380015079 - 4000 9390cs.compliance@ranjeet.co.inVisit Website