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Open
27 Jun 2011
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Close
29 Jun 2011
3
Allotment
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Listing
Wed, Jul 13, 2011
Price Band
₹90 to ₹108
Issue Size
32,17,153 shares (agg. up to ₹35 Cr)
Lot Size
60 Shares
Listing Date
Wed, Jul 13, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.91x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RPP Infra Projects Ltd. | Mainboard | ₹48.75 Cr | ₹75 | null | ₹68.90 | -8.13% | ₹63.64 (-0.03%) |
| Ashoka Buildcon Ltd. | Mainboard | ₹225.00 Cr | ₹324 | null | ₹330.75 | +2.08% | ₹123.93 (-2.25%) |
| Ramky Infrastructure Ltd. | Mainboard | ₹530.00 Cr | ₹450 | null | ₹387.40 | -13.91% | ₹384.05 (-2.12%) |
| Engineers India Ltd. | Mainboard | ₹959.65 Cr | ₹290 | null | ₹320.95 | +10.67% | ₹227.66 (-1.83%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the cost of enhancing the capacity at existing facility at Khopoli, district Raigad, Maharashtra and the cost of setting up of new facilities near New Delhi and Raipur | 42.62 |
| 2 | To meet the pre-operative expenses including Issue expenses. | 8.26 |
| 3 | To meet margin money requirements of working capital | 10.33 |
| 4 | To meet general corporate purposes. | 1.31 |
| Total | 62.52 |
About Readymade Steel IPO
Incorporated in 2006, Readymade Steel India Ltd is engaged in the business of steel service provider to the infrastructure sector. Readymade Steel India have an installed capacity of 27000 MTPA for processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column /beam cages etc.Company process the steel through use of automated machines from its Plant and delivers ready to use cut and bend steel rods, prefabricated cages and other steel products required for construction activities. These products are mainly used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.+ Read More
Contact Details
Readymade Steel India Ltd. Address203, Joshi ChambersAhmedabad StreetCarnac BunderMumbai, Maharashtra, 40000991-022-67439360rms@readymadesteel.comVisit Website