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Open
18 Oct 2007
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Close
23 Oct 2007
3
Allotment
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Listing
Fri, Nov 23, 2007
Price Band
₹35 per share
Issue Size
71,42,857 shares (agg. up to ₹25 Cr)
Listing Date
Fri, Nov 23, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.24x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Technocraft Industries (India) Ltd. | Mainboard | ₹87.36 Cr | ₹105 | null | ₹100.05 | -4.71% | ₹2,538.30 (+3.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion and modernisation including: 1. Purchase of plant and machinery; 2. Building and civil works; 3. Requirement of working capital; 4. Preliminary expenses; and 5. Production Launch expenses. | 31.67 |
| 2 | Expenses of the Issue | 2.00 |
| 3 | Security Deposit to State Electricity Board | 0.34 |
About Rathi Bars IPO
Incorporated in 1993, Rathi Bars Limited (RBL) is a steel company involve in manufacturing TOR® Steel under the brand name RATHI® TOR®. These steel bars are commonly used in the construction of multistoried buildings, dams, bridges, flyovers, and power plants as a basic reinforcement material.RBL is part of The Rathi Group, a 60 year old family owned business of producing specialty steels for construction industry with prestigious brand ' ‘RATHI®'.RBL is promoted by Mr. K. K. Rathi and his two sons Mr. Anupam Rathi & Mr. Anurag Rathi. The manufacturing facility of the Company is situated at SP1 – 7, RIICO Industrial Area, Khuskhera, P.O. Tapukra-301701, District Alwar, Rajasthan.RBL sells its products through more than 800 retail outlets spread throughout Northern India. Its customer profile includes well known businesses like - DLF, Ansals, Omaxe, Eldeco, DMRC, Hero Honda, Haldiram, Exide etc.As of November 30, 2006, RBL's total assets were Rs. 4878.74 lacs and for the eight months ending November 30, 2006 our total turnover was Rs. 12473.74 lacs. RBL's net profit after tax was Rs 358.47 Lacs.+ Read More
Contact Details
Rathi Bars Ltd. AddressA-24/7, Mohan Cooperative Industrial EstateMathura RoadNew Delhi, New Delhi, 110044+91 11 41831191contact@rathisteels.comVisit Website