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Open
4 Dec 2017
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Close
6 Dec 2017
3
Allotment
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Listing
Thu, Dec 14, 2017
Price Band
₹63 per share
Issue Size
37,00,000 shares (agg. up to ₹23 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Dec 14, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.45x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 15.28 | 14.42 | 20.02 | 16.74 |
| Total Income | 0.18 | 9.81 | 7.76 | 7.56 |
| Profit After Tax | 0.07 | 1.35 | 1.59 | 1.09 |
| NET Worth | 10.21 | 10.14 | 8.79 | 7.21 |
| Reserves and Surplus | 9.71 | 9.64 | 8.29 | 6.71 |
| Total Borrowing | 4.34 | 3.28 | 5.16 | 3.87 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shradha Infraprojects (Nagpur) Ltd. | SME | ₹18.93 Cr | ₹70 | null | ₹70.25 | +0.36% | ₹30.65 |
| Pushpanjali Realms & Infratech Ltd. | SME | ₹14.55 Cr | ₹55 | null | ₹55.45 | +0.82% | |
| Relstruct Buildcon Ltd. | SME | ₹23.36 Cr | ₹50 | null | ₹46.75 | -6.50% | |
| Manas Properties Ltd. | SME | ₹39.96 Cr | ₹360 | null | ₹360.20 | +0.06% |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Land/Plot of Land and other strategic Initiatives | 14.00 |
| 2 | Capital Contribution towards 45% stake in Rajul Projects LLP – Project Ratna Artemus II- Paldi, Ahmedabad (45% of total Construction Cost of ` 728.13 Lakhs for building 48000 Square Feet) | 3.28 |
| 3 | General Corporate Purpose | 5.38 |
| 4 | Meeting Public Issue Expenses | 0.65 |
About Ratnabhumi Developers IPO
Updated on Aug 5, 2026
Contact Details
Ratnabhumi Developers Ltd. AddressS.F.207, Turquoise, Panchvati Panch RastaNr.White HouseE.B., C.G.RoadAhmedabad, Gujarat, 380009+91 79 2642 4209compliance@ratnagroup.co.inVisit Website