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Open
28 Feb to 3 Mar, 2017
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Close
28 Feb to 3 Mar, 2017
3
Allotment
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Listing
Tue, Mar 14, 2017
Price Band
₹27 per share
Issue Size
15,36,000 shares (agg. up to ₹4 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Mar 14, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 20.48x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Nitiraj Engineers Ltd. | SME | ₹22.01 Cr | ₹100 | null | ₹94.50 | -5.50% | ₹217.85 (+2.26%) |
| Ruby Cables Ltd. | SME | ₹10.01 Cr | ₹50 | null | ₹50.00 | +0.00% | (+0.00%) |
| Relicab Cable Manufacturing Ltd. | SME | ₹3.22 Cr | ₹20 | null | ₹20.35 | +1.75% | ₹38.44 (+0.08%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 1.55 |
| 2 | General Corporate Purpose | 0.39 |
About RMC Switchgears IPO
Incorporated in 1994, RMC Switchgears Limited is Jaipur Rajasthan based manufacturer for electrical enclosures. Company manufactures all types of enclosures in Sheet Molded Compound, Deep Drawn, Fabricated , Polycarbonate under one roof.Company uses ultra modern automatic machineries from USA, Japan, Germany and Korea to achieve the best quality and uniformity at manufacturing facilities spread over an area of 8 Lac Sq ft.RMC is approved vendors for all the state electricity utilities. Company are also approved vendors for the large corporate of India viz. Tatas, L& T, NCC, KEI, IRCON, Drake & Scull etc RMC have in-house Research and Development Centre with Tool Room which helps the company to make the desired enclosure moulds within small time frame. RMC received ISO 9001:2008 certification on the quality management system.RMC Strengths:• Large & Diverse Product Portfolio • Quality of the products gives a market edge for most of the suppliers • Integrated manufacturing facility • Established relationship with institutional customers • Experienced Promoter and skilled workforce • Manufacturing of SMC enclosures, demand for which is continuously rising• The company has well knit mar
Contact Details
RMC Switchgears Ltd. Address7 KM.from Chaksu, Khotkawda RoadVillage Badodiya, Tehsil ChaksuTonk RoadJaipur, Rajasthan, 303901+91-141-4031516cs@rmcindia.inVisit Website