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Rhetan TMT IPO Review & Recommendations

Rhetan TMT IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 1 0 7

Rhetan TMT IPO Details

IPO Open Aug 22, 2022
IPO Close Aug 25, 2022
IPO Price ₹70
Face Value ₹10
IPO Size ₹56.00 Cr
Listing At BSE SME
Lot Size 2000

Rhetan TMT IPO Review by Brokers & Analysts

ReviewerRecommendation
Dilip DavdaAvoid

Rhetan TMT IPO Review by Members

Rhetan TMT IPO Reviews, analysis and views by popular members. Read Rhetan TMT Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member Review
KMC SECURITIES RAJKOT

Avoid

PURE NO FOR THIS SME IPO

Last Updated : Aug 24, 2022 6:43:10 PM
Raghavendra C S

Avoid

NOT APPLYING

Last Updated : Aug 22, 2022 1:22:49 PM
sahab
Top Contributor Top Contributor (200+ Posts, 100+ Likes)

Avoid

avoid

Last Updated : Aug 22, 2022 11:04:22 AM
Tenscope Management

Subscribe for Short Term at Lower Price Band

Good ipo price band is Good

Last Updated : Aug 22, 2022 3:25:12 AM
Mr. C

Avoid

These promoter earlier came up with Ashoka met cast during 2018-2019, which is utterflop and investors lost alot of money. Again they are coming with ipo in the name of this company to loot public money. Just avoid.

Last Updated : Aug 19, 2022 12:09:56 PM
Focus SME
Top Contributor Top Contributor (400+ Posts)

Avoid

Rhetan TMT SME IPO. Asking for close to 149 Cr Market Cap for super earning (either window dressed or due to cycle) of 2.35 Cr translating into 63PE. Promoted by Ashoka Metcast (wealth destroyer) & Shalin Shah (also promoter of Ashoka Metcast). I won't be surprised even if it trades at 80-90% discount shortly. Not even wasting more time here.

Last Updated : Aug 17, 2022 9:37:12 PM
Deepak Kalariya

Avoid

Serch promoter company AML

Last Updated : Aug 15, 2022 2:50:43 PM
MPIPO

Avoid

ITS PROMOTERS IS ASHOKA METCAST WHO IS TRADING AT 60% DISCOUNT AFTER 4 YAERS

Last Updated : Aug 15, 2022 2:37:30 PM

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1 Comments

1. SK Jain  
Lower Circuit on share price with effect from the very first day of listing.Is this an ideal case of cheating investers after offering share on higher price incomperision to actual share price & selling continuously by unknown person (s)till reaching to its actual price/valuation and after that again accumalation after looting of investers money.