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.
â€¢ Large & Diverse Product Portfolio
â€¢ Quality of the products gives a market edge for most of the suppliers
â€¢ Integrated manufacturing facility
â€¢ Established relationship with institutional customers
â€¢ Experienced Promoter and skilled workforce
â€¢ Manufacturing of SMC enclosures, demand for which is continuously rising
â€¢ The company has well knit marketing network
Mr. Ashok Kumar Agarwal, Mr. Ankit Agrawal & Mrs. Neha Agrawal are the promoters of the company.
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses
»» Issue Open: Feb 28, 2017 - Mar 3, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,536,000 Equity Shares of Rs 10 aggregating up to Rs 4.15 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 27 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: BSE SME
RMC Switchgears IPO Subscription Status tells if RMC Switchgears IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. RMC Switchgears IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||Total|
|Shares Offered / Reserved||1,536,000|
|Day 1 - Feb 28, 2017 17:00 IST||144,000|
|Day 2 - Mar 1, 2017 19:30 IST||1,644,000|
|Day 3 - Mar 2, 2017 17:10 IST||4,392,000|
|Day 4 - Mar 3, 2017 19:20 IST||35,788,000|
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