Rajeshwari Cans Limited IPO (Rajeshwari Cans IPO) Detail

Mar 31, 2021 - Apr 6, 2021

Incorporated in 2013, Rajeshwari Cans Limited is primarily engaged in the business of manufacturing round-printed tin containers of different sizes for packing material and also performs printing work on it. The company supplies its tin containers to tobacco manufacturers and paint companies. It manufactures 50 gm to 500 gm containers for the packing of tobacco material and up to 5 liters of containers for the paint industry.

It has a manufacturing unit at Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate where it carries out all of the manufacturing activities.

Competitive strengths

  • High-quality tin containers of different sizes.
  • Highly experienced promoters.
  • Strategically located manufacturing unit.

Company Promoters:

Bharatkumar Vora, Harshad Kumar Vora, Siddharth Vora, and Pratik Vora are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 1,234.96 1,322.08 1,160.95
Total Revenue 2,209.73 2,132.33 1,849.64
Profit After Tax 18.69 15.75 11.21

Objects of the Issue:

  • Meeting incremental working capital requirement of the business.
  • General corporate purposes.

Rajeshwari Cans IPO Details

IPO Opening DateMar 31, 2021
IPO Closing DateApr 6, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size2,016,000 Eq Shares of ₹10
(aggregating up to ₹4.03 Cr)

Rajeshwari Cans IPO Tentative Timetable

The Rajeshwari Cans IPO open date is Mar 31, 2021, and the close date is Apr 6, 2021. The issue may list on Apr 15, 2021.

IPO Open DateMar 31, 2021
IPO Close DateApr 6, 2021
Basis of Allotment DateApr 9, 2021
Initiation of RefundsApr 12, 2021
Credit of Shares to Demat AccountApr 13, 2021
IPO Listing DateApr 15, 2021

Rajeshwari Cans IPO Lot Size

The Rajeshwari Cans IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

Rajeshwari Cans IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding61.71%

Rajeshwari Cans IPO Subscription Status (Bidding Detail)

The Rajeshwari Cans IPO is subscribed 1.40x times on Apr 6, 2021 06:49. The public issue subscribed 1.19x in the retail category, in the QIB category, and 1.60x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.60x

RII

1.19x

Total

1.40x

Rajeshwari Cans IPO Prospectus

Rajeshwari Cans IPO Rating

55
2.9
Rating:Rated 2.9 stars

Vote Here ...

Rajeshwari Cans IPO Listing Date

Listing DateThursday, April 15, 2021
BSE Script Code543285
NSE Symbol
Listing InMT Group of Securities
ISININE0CQ101015
IPO Price₹20 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹20.00
₹20.75
₹20.00
₹21.00
₹20.00
162,000

Rajeshwari Cans IPO Reviews / Ratings

Company Contact Information

Rajeshwari Cans Limited
96, Mahagujarat, Industrial Estate, Moraiya
Ta: Sanand, Ahmedabad -382210


Phone: 079-29796584
Email: rcl2gov@gmail.com
Website: http://www.rajeshwaricans.com/

Rajeshwari Cans IPO Registrar

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: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Rajeshwari Cans IPO FAQs

  1. What is Rajeshwari Cans IPO?

    Rajeshwari Cans IPO is a SME IPO of 2,016,000 equity shares of the face value of ₹10 aggregating up to ₹4.03 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.

    The IPO opens on Mar 31, 2021, and closes on Apr 6, 2021.

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

  2. How to apply in Rajeshwari Cans IPO through Zerodha?

    Zerodha customers can apply online in Rajeshwari Cans IPO using UPI as a payment gateway. Zerodha customers can apply in Rajeshwari Cans IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Rajeshwari Cans IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Rajeshwari Cans IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Rajeshwari Cans IPO will open?

    The Rajeshwari Cans IPO opens on Mar 31, 2021 and closes on Apr 6, 2021.

  4. What is the lot size of Rajeshwari Cans IPO?

    Rajeshwari Cans IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

  5. How to apply for Rajeshwari Cans IPO?

    You can apply in Rajeshwari Cans 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.

  6. When Rajeshwari Cans IPO allotment?

    The finalization of Basis of Allotment for Rajeshwari Cans IPO will be done on Apr 9, 2021, and the allotted shares will be credited to your demat account by Apr 13, 2021. Check the Rajeshwari Cans IPO allotment status.

  7. When is Rajeshwari Cans IPO listing date?

    The Rajeshwari Cans IPO listing date is on Thursday, April 15, 2021.

Rajeshwari Cans IPO Message Board

Ranked Members  Ranked Members

Loading...
6. IPOANALYSIS |Mar 29, 2021 01:58
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Please avoid . It''s fair value not more than 2 Rs
5. KDKing🤴 |Mar 28, 2021 10:14
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
This CAN company CAN loot you..
4. IPOANALYSIS |Mar 24, 2021 10:46
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Even worse than mahip industries..mahip industry Ahmedabad based packaging company . This one will erode atleast 90 pc of investor wealth in next 1 year.
3. iamnimitshah |Mar 23, 2021 17:50
@Admins In DHRP, the issue price is 40₹ whereas you have mentioned issue price as 20₹. Can you please check?
2. IPOANALYSIS |Mar 23, 2021 12:11
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
After mahip industries another disaster company in packaging sector. Please avoid these company from Ahmedabad.
1. IPOANALYSIS |Mar 23, 2021 12:15
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Mark my words in 1 year this company will be below 1 rs price. It has surpassed and should be aware thie worst ever SME IPO in history of India .







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App