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Rathi Bars Ltd IPO (Rathi Bars IPO) Detail

Oct 18, 2007 - Oct 23, 2007

Incorporated in 1993, Rathi Bars Limited (RBL) is a steel company involve in manufacturing TOR® Steel under the brand name RATHI® TOR®. These steel bars are commonly used in the construction of multistoried buildings, dams, bridges, flyovers, and power plants as a basic reinforcement material.

RBL is part of The Rathi Group, a 60 year old family owned business of producing specialty steels for construction industry with prestigious brand ' ‘RATHI®'.

RBL is promoted by Mr. K. K. Rathi and his two sons Mr. Anupam Rathi & Mr. Anurag Rathi. The manufacturing facility of the Company is situated at SP1 – 7, RIICO Industrial Area, Khuskhera, P.O. Tapukra-301701, District Alwar, Rajasthan.

RBL sells its products through more than 800 retail outlets spread throughout Northern India. Its customer profile includes well known businesses like - DLF, Ansals, Omaxe, Eldeco, DMRC, Hero Honda, Haldiram, Exide etc.

As of November 30, 2006, RBL's total assets were Rs. 4878.74 lacs and for the eight months ending November 30, 2006 our total turnover was Rs. 12473.74 lacs. RBL's net profit after tax was Rs 358.47 Lacs.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Expansion and modernisation including:
    A. Purchase of plant and machinery;
    B. Building and civil works;
    C. Requirement of working capital;
    D. Preliminary expenses; and
    E. Production Launch expenses.
2. Providing for Security Deposit to State Electricity Board.

Rathi Bars IPO Details

IPO Opening Date Oct 18, 2007
IPO Closing Date Oct 23, 2007
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹35 per equity share
Market Lot
Min Order Quantity
Listing At BSE
Issue Size7,142,857 Eq Shares of ₹10
(aggregating up to ₹25.00 Cr)

Rathi Bars IPO Prospectus

Rathi Bars IPO Rating

131
3.4
Rating:Rated 3.4 stars
Vote Here ...

Rathi Bars IPO Listing Date

Listing Date Friday, November 23, 2007
BSE Script Code 532918
NSE Symbol
Listing In B1 Group of Securities
ISIN INE575I01016
IPO Price ₹35 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹35.00
₹38.00
₹31.00
₹45.00
₹31.90

Company Contact Information

Rathi Bars Ltd
A-24/7, Mohan Cooperative Industrial Estate,
Mathura Road,
New Delhi-110044
Phone: +91 11 41831191
Email: contact@rathisteels.com
Website: http://www.rathisteels.com

Rathi Bars IPO Registrar

MAS Services Limited

Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com

Rathi Bars IPO Reviews / Ratings

  • S P Tulsian - Avoid

Rathi Bars IPO FAQs

Rathi Bars IPO is a main-board IPO of 7,142,857 equity shares of the face value of ₹10 aggregating up to ₹25.00 Crores. The issue is priced at ₹35 per equity share. The minimum order quantity is .

The IPO opens on Oct 18, 2007, and closes on Oct 23, 2007.

MAS Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

The Rathi Bars IPO opens on Oct 18, 2007 and closes on Oct 23, 2007.

Rathi Bars IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Rathi Bars 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 Rathi Bars IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Rathi Bars IPO allotment status.

The Rathi Bars IPO listing date is on Friday, November 23, 2007.

Rathi Bars IPO Message Board

Ranked Members  Ranked Members

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131 Comments

131. Kolandai |Jan 15, 2008 10:40:10 PM
friends,
We are confused with each other.In payment method 1 (part payment)whether to apply for 225*430 or 210*250.225*115=25875 is correct, many of our friends say.But RELIANCE or any well known brokers or any business magazines do not clarify over this.Many are earning by using this Reliance Power IPO. Am I correct?
130. L.R. CHAUHAN |Dec 28, 2007 9:33:59 PM
Kya yaar. No good/bad comment on Rathi.
129. L.R. CHAUHAN |Dec 25, 2007 2:01:36 PM
Present status seems that Rathi is gearing up speed. But anybody has some ideas of its near future plan, financial data.
128. Harish |Dec 17, 2007 10:18:37 PM
Hey it crossed 35 mark..yuppieeeeeeeeeeeeeeeeeee
congrats for all the investors who has rathi bars
127. keshav |Dec 16, 2007 11:52:34 PM
Hi, Should I buy some shares of Rathi for future gain !!!!!
126. Elan |Dec 15, 2007 10:02:13 PM
Can I enter this share at this rate
125. CHAUHAN L.R. |Dec 12, 2007 7:18:13 PM
I COLLECTED 555 RATHI SHARES BUT ALAS WHEN IT WILL CROSS ITS IPO PRICE SO THAT I MAY GAIN AT LEAST WHAT I INVESTED PLUS BROKERAGE. COULD YOU PLEASE GIVE ME SOME HINT. HOW MANY MONTHS/YEARS I WILL HAVE TO PET THIS WHITE ELEPHANT? PLEASE PLEASE RESPOND ME.
124. harish |Dec 8, 2007 10:59:25 PM
(123. Tanuj)

Have u received a letter from MAS Service ltd.?
If yes, there is cheque (HDFC Bank) in that letter.
Otherwise you just call to the given number (MAS service ltd) and clarify with them.
123. Tanuj |Dec 2, 2007 5:27:33 PM
I have not recieved the refund of Rathi Bars till date can anybody guide me how can i get information regarding the same ...
122. Harish |Nov 29, 2007 11:31:02 PM
Hello friends, is there any customer by India Infoline. What about the refund amount of rathi bar? Have you received or yet to be received. Till now i have not received. Do you have any idea about the refund. Plz reply me. Thanks in advance
121. Michael |Nov 29, 2007 7:33:30 PM
I got my money thorugh check so this time those who have icicic bank cheque will get the cheque thorugh regisrtyy...go and psot office .....
120. ipo nawab |Nov 28, 2007 8:27:32 PM
No refund in ICICI bank account. I am india infoline customer. Has anybody got it? if its coming by post,which address,Demat address or Bank address
119. ilyas |Nov 28, 2007 11:18:14 AM
trying from 19/11/2007 mas people assured me for the refund veery poor services of mas
118. ilyas |Nov 28, 2007 11:14:58 AM
all the days i contect mas services (dheli) they only give the assurence that refunds will be reching 2day by registry post ....but there 2day do snt comes .
117. Harish |Nov 27, 2007 11:13:19 PM
Hello friends, did any one recived refund amount. I am a India Infoline customer. Plz reply me.
116. L.R. CHAUHAN |Nov 27, 2007 8:30:43 PM
I am thankful to Rathi that they allotted half of the shares to me and the rest of the amount applied is credited to my Account. In case I would have got all the shares applied, I would have been doomed as it is Rs.31.50 against IPO application amount of Rs.35/- today. So thanks God - Oops Thanks Rathi Bars Managers.
115. Michael |Nov 26, 2007 7:51:20 PM
hey can anyone tell me about the refund money to icici bank till now i have not received......
114. Kool |Nov 24, 2007 11:55:33 AM
i sold my alloted rathi shares at 36.50
no loss. 150 profit in 1 month. never apply these types of ipo. i had gone fr listing gain
113. Vimal |Nov 23, 2007 10:46:36 PM
Hey pls tell me about rathi bar future.What abt it's price ? Will up or not?
112. Arun Londhe |Nov 23, 2007 5:15:22 PM
It tanked as expectedly and now trading Below IPO Price.