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.
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
| IPO Date | Mar 31, 2016 - Apr 6, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,920,000 Eq Shares of ₹10 (aggregating up to ₹7.49 Cr) |
| 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 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹117,000 |
| Maximum | 1 | 3000 | ₹117,000 |
| Listing Date | Wednesday, April 13, 2016 |
| BSE Script Code | 539837 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE912T01018 |
| IPO Price | ₹39 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com
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 price of the IPO is ₹39 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.
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 application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
Raghav Ramming IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
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Top Contributor (200+ Posts)
little bit surprised to see the fig.
400cr issue
very very lucky person will get the allotment
i am out of it..
ATB