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Raghav Ramming Mass Ltd IPO (Raghav Ramming IPO) Detail

Mar 31, 2016 - Apr 6, 2016

Raghav Ramming Mass Ltd. (RRML) is engaged in the manufacturing, supply and export of good quality ramming mass (quartz powder) mineral based on the customer requirements which are widely used in as refractory material in induction furnace. RRML is also engaged in the business of purchase and sale (trading) of G I sheets on the basis of the orders received from third parties. It supplies these G I Sheets to these third parties after sourcing the same from various suppliers.

Objects of the Issue:

The Issue includes a fresh Issue of 19,20,000 Equity Shares of our Company at an Issue Price of 39/- per Equity Share.
Company proposes to utilize the proceeds of the Issue to meet the following objects:

1. To meet Working Capital Requirement

2. To Meet the Issue Expenses

Raghav Ramming IPO Details

IPO Opening Date Mar 31, 2016
IPO Closing Date Apr 6, 2016
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹39 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At BSE SME
Issue Size1,920,000 Eq Shares of ₹10
(aggregating up to ₹7.49 Cr)

Raghav Ramming IPO Lot Size

The Raghav Ramming IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹117,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹117,000
Maximum 1 3000 ₹117,000

Raghav Ramming IPO Review

Risk savvy investors having surplus funds may consider this IPO for long term rewards. Read detail review...

Raghav Ramming IPO Prospectus

Raghav Ramming IPO Rating

6
3.2
Rating:Rated 3.2 stars
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Raghav Ramming IPO Listing Date

Listing Date Wednesday, April 13, 2016
BSE Script Code 539837
NSE Symbol
Listing In M Group of Securities
ISIN INE912T01018
IPO Price ₹39 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹39.00
₹41.00
₹40.00
₹41.00
₹40.05

Company Contact Information

Raghav Ramming Mass Ltd
Office No. 36, 4th floor, Alankar Plaza, A-10,
Central Spine, Vidhyadhar Nagar,
Jaipur-302023, Rajasthan
Phone: +91-141-2235760
Email: cs@rammingmass.com
Website: http://www.rammingmass.com

Raghav Ramming IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

Raghav Ramming IPO Reviews / Ratings

Raghav Ramming IPO FAQs

Raghav Ramming IPO is a SME IPO of 1,920,000 equity shares of the face value of ₹10 aggregating up to ₹7.49 Crores. The issue is priced at ₹39 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on Mar 31, 2016, and closes on Apr 6, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Raghav Ramming IPO opens on Mar 31, 2016 and closes on Apr 6, 2016.

Raghav Ramming IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

You can apply in Raghav Ramming IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Raghav Ramming IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Raghav Ramming IPO allotment status.

The Raghav Ramming IPO listing date is on Wednesday, April 13, 2016.

Raghav Ramming IPO Message Board

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6 Comments

6. ipobazaar |   Link |Jul 1, 2016 1:41:12 AM
RII-9.81
little bit surprised to see the fig.
400cr issue
very very lucky person will get the allotment
i am out of it..
ATB
5. rtvvtr |   Link |May 5, 2016 11:39:02 AM
rs.8/-
4. Manipo |   Link |Apr 12, 2016 7:35:23 PM
Top Contributor Top Contributor (200+ Posts)
Listing tomorrow 13th Wednesday
3. Manipo |   Link |Apr 10, 2016 4:48:59 PM
Top Contributor Top Contributor (200+ Posts)
Allotment status is advisable on bigshare website
2. biyani g |   Link |Apr 1, 2016 4:46:01 PM
very high price
1. jonam |   Link |Apr 1, 2016 11:42:49 AM
Main customers are steel companies who are in deep trouble. Receivables are 8-9 months of sale. Asking price of 39/- very high. Should have been priced at 15/-