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RMC Switchgears Limited IPO (RMC Switchgears IPO) Detail

Feb 28, 2017 - Mar 3, 2017

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 marketing network

Company Promoters:

Mr. Ashok Kumar Agarwal, Mr. Ankit Agrawal & Mrs. Neha Agrawal are the promoters of the company.

Objects of the Issue:

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 Detail:

  »»  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 Reviews / Recommendations:

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RMC Switchgears IPO Subscription Status / Live Bidding Status

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.

RMC Switchgears IPO - How Many Times Subscribed?
Number of Bids Received
As on Date & TimeTotal
Shares Offered / Reserved1,536,000
Day 1 - Feb 28, 2017 17:00 IST144,000
Day 2 - Mar 1, 2017 19:30 IST1,644,000
Day 3 - Mar 2, 2017 17:10 IST4,392,000
Day 4 - Mar 3, 2017 19:20 IST35,788,000

RMC Switchgears IPO Prospectus

RMC Switchgears IPO Rating

113
4.1
Rating:Rated 4.1 stars

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RMC Switchgears IPO Listing Date

  •   ›  Listing Date: Tuesday, March 14, 2017
  •   ›  BSE Script Code: 540358
  •   ›  NSE Symbol:
  •   ›  Listing In: M
  •   ›  ISIN: INE655V01019
  •   ›  Issue Price: Rs 27 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE SME
Rs 27.00
Rs 29.50
Rs 29.00
Rs 32.40
Rs 32.40
1,000,000

RMC Switchgears IPO News Alerts

  1. Tuesday, March 14, 2017 12:00:00 AM
    RMC Switchgears Limited IPO - Listing
  2. Friday, March 3, 2017 12:00:00 AM
    RMC Switchgears Limited IPO - Close
  3. Tuesday, February 28, 2017 12:00:00 AM
    RMC Switchgears Limited IPO - Open

Company Contact Information

RMC Switchgears Limited
7 KM. from Chaksu, Khotkawda Road,
Village Badodiya, Tehsil Chaksu,
Tonk Road, Jaipur-303901
Phone: +91-141-4031516
Fax:
Email: cs@rmcindia.in
Website: http://www.rmcindia.in/

RMC Switchgears IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: rmc.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

RMC Switchgears IPO Lead Manager(s)

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RMC Switchgears IPO Review / Comments

avatar
32. Prabhakaran Kuppusamy  May 8, 2017 6:08:07 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Any reason why upmove and down-tick are huge everyday in RMC?
avatar
31. AKMP  Mar 12, 2017 9:49:04 PM IST I Like It. | Report Abuse
Any premium
avatar
30. niceplaywins  Mar 10, 2017 8:48:37 PM IST I Like It. | Report Abuse
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
avatar
29. Dharmesh bhai  Mar 9, 2017 11:44:02 AM IST I Like It. | Report Abuse
Rmc allotment on linktime is under the name prakash and sons
Any one can check
avatar
29.1. NPT  Mar 9, 2017 1:11:54 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Any reason for naming it as Prakash and Sons.
avatar
28. Dharmesh bhai  Mar 9, 2017 11:43:54 AM IST I Like It. | Report Abuse
Rmc allotment on linktime is under the name prakash and sons
Any one can check
avatar
27. Smiter  Mar 9, 2017 11:36:12 AM IST I Like It. | Report Abuse
Email from BSE for Allotment...zero ...but not showing on linkintime website...
avatar
26. Bhargavu  Mar 9, 2017 11:34:28 AM IST I Like It. | Report Abuse
Premium ?
avatar
25. Bhargavu  Mar 9, 2017 11:33:05 AM IST I Like It. | Report Abuse
I apply 5 application in Rmc got 1 allotment
avatar
24. Bharat m patel  Mar 9, 2017 9:23:43 AM IST I Like It. | Report Abuse
allotement today and listing date.15th march
avatar
24.1. sunil nath d  Mar 9, 2017 9:54:35 AM IST I Like It. | Report Abuse
Where do we find allotment details
avatar
24.2. jagadish abbigeri  Mar 11, 2017 3:44:48 PM IST I Like It. | Report Abuse
Bharath, where u find listing date?
avatar
23. Udaykumar  Mar 7, 2017 8:44:13 PM IST I Like It. | Report Abuse
Friends, any idea about refund/allotment/listing date? Plz share.
avatar
23.1. NPT  Mar 8, 2017 7:19:38 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
May be on or before 10th March.
I had read it somewhere but not able to find it now.
avatar
23.2. lakshya agg  Mar 8, 2017 4:40:15 PM IST I Like It. | Report Abuse
friday refund

tuesday listing
avatar
22. Allan  Mar 6, 2017 8:43:41 AM IST I Like It. | Report Abuse
How do I tell, How many times is this oversubscribed
avatar
22.1. Allan  Mar 6, 2017 9:12:13 AM IST I Like It. | Report Abuse
Total bids/no of shares = 23 times....is that correct
avatar
21. RAAZ GANGWAR  Mar 4, 2017 4:49:32 PM IST I Like It. | Report Abuse
What is the mean of circuit and also tell total subscription and listing date
avatar
20. AKMP  Mar 3, 2017 6:27:32 PM IST I Like It. 1 | Report Abuse
IPO size 1536000 shares
Retail 50% so appro. 770000 share
Subscription 7.20pm
At 27 29904000( assuming all non retail) subscription hni 38 to 39 times
At cut off 5884000 so retail closer to 8 times
This is just rough calculation
avatar
19. NPT  Mar 3, 2017 4:54:32 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Dear Admin,
Bidding status given you above and the status available at BSE SME platform differs significantly.
Please check the same and advise us suitably.
Thanks.
avatar
19.6. SONMAYA  Mar 5, 2017 9:34:21 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts)
Dear..jonam..sir...Thanks fr prompt early reply
avatar
19.7. niceplaywins  Mar 10, 2017 8:41:39 PM IST I Like It. | Report Abuse
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
avatar
18. raj aggarwal  Mar 3, 2017 3:42:07 PM IST I Like It. | Report Abuse
any premium on RMC
avatar
17. raj aggarwal  Mar 3, 2017 3:37:01 PM IST I Like It. | Report Abuse
hello everyone
plz confirlm final subscription data and listing date of RMC
avatar
16. CA nkn  Mar 3, 2017 1:25:35 PM IST I Like It. | Report Abuse
good company - good price PE-10 approx
avatar
15. Sps  Mar 3, 2017 11:53:14 AM IST I Like It. | Report Abuse
EXPERT ADVICE THIS SME IPO KAISA HE APPLY KARNA CHAHIYE YA NAHI.
avatar
14. Rajiv Kumar Singh RKS  Mar 3, 2017 11:15:53 AM IST I Like It. | Report Abuse
Very good ipo today last day. Apply it will break all records 20% Circuit
avatar
14.1. lakshya agg  Mar 3, 2017 11:22:27 AM IST I Like It. 3 | Report Abuse
beta 20% circuit bse per apke chacha lagaige ya apke papa

5% circuit hai
avatar
14.2. Pappi  Mar 3, 2017 1:20:15 PM IST I Like It. 3 | Report Abuse
Lakshaya Circuit is 20% Please read Draft before making comments. U r making fool of Urself. Bse/Nse they don''t decide Circuit we hav certain parameters for that
avatar
13. Rajiv Kumar Singh RKS  Mar 2, 2017 10:45:16 PM IST I Like It. | Report Abuse
Apply this ipo even I am considering to apply as will give good return. Lead banker Hem has great past record.
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