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Ratnabhumi Developers Limited IPO (Ratnabhumi Developers IPO) Detail

Dec 4, 2017 - Dec 6, 2017

Ratnabhumi Developers Limited is Ahmedabad Gujrat based company engaged in real estate and construction business. During the period 2009-2012, our Company completed the project namely Ratna TURQUOISE costing Rs 65.63 Crores. During the period 2012-17, company's main business activities were selling and marketing of its commercial offices and shops constructed in our project Turquoise. Apart from selling and marketing of its commercials offices and shops, we have rented our shops, offices and spaces in our Project Turquoise to corporate clients for their business, commercials, advertisement and installing network equipment.

Company Promoters:

The Promoters of the Company are Mr. Kaivan Shah and Mrs. Meghna Shah.

Objects of the Issue:

The objects of the Issue are:
1. Acquisition of Land/Plot of Land and other strategic Initiatives;
2. Capital Contribution towards 45% stake in Rajul Projects LLP - Project Ratna Artemus II- Paldi, Ahmedabad
3. General Corporate Purpose;
4. Meeting Public Issue Expenses.

Ratnabhumi Developers IPO Details

IPO Opening Date Dec 4, 2017
IPO Closing Date Dec 6, 2017
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹63 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME
Issue Size3,700,000 Eq Shares of ₹10
(aggregating up to ₹23.31 Cr)

Ratnabhumi Developers IPO Lot Size

The Ratnabhumi Developers IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹126,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹126,000
Maximum 1 2000 ₹126,000

Ratnabhumi Developers IPO Subscription Status (Bidding Detail)

The Ratnabhumi Developers IPO is subscribed times on Dec 6, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

RII

Total

Ratnabhumi Developers IPO Prospectus

Ratnabhumi Developers IPO Rating

56
3.1
Rating:Rated 3.1 stars
Vote Here ...

Ratnabhumi Developers IPO Listing Date

Listing Date Thursday, December 14, 2017
BSE Script Code 540796
NSE Symbol
Listing In M Group of Securities
ISIN INE821Y01011
IPO Price ₹63 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹63.00
₹63.45
₹63.00
₹64.90
₹63.55

Company Contact Information

Ratnabhumi Developers Limited
S.F. 207, Turquoise, Panchvati Panch Rasta,
Nr. White House, E.B., C.G. Road,
Ahmedabad 380 009
Phone: +91 79 2642 4209
Email: compliance@ratnagroup.co.in
Website: http://ratnagroup.co.in/

Ratnabhumi Developers IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: rdl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Ratnabhumi Developers IPO Reviews / Ratings

Ratnabhumi Developers IPO FAQs

Ratnabhumi Developers IPO is a SME IPO of 3,700,000 equity shares of the face value of ₹10 aggregating up to ₹23.31 Crores. The issue is priced at ₹63 per equity share. The minimum order quantity is 2000 Shares.

The IPO opens on Dec 4, 2017, and closes on Dec 6, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Ratnabhumi Developers IPO opens on Dec 4, 2017 and closes on Dec 6, 2017.

Ratnabhumi Developers IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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

The Ratnabhumi Developers IPO listing date is on Thursday, December 14, 2017.

Ratnabhumi Developers IPO Message Board

Ranked Members  Ranked Members

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6. Suresh Rai |Dec 12, 2017 16:05
Even if Ratnabhumi Developers list at 10% negative, this will be big positive for Shradha infraprojects. In case Ratnabhumi list at premium, this will help Shradha to move higher.
5. Ocean |Dec 5, 2017 22:46
Very poor subscription figures. Good that investors are not flocking for this kind of mediocre IPOs.
4. U. H. U. U |Dec 1, 2017 16:34
This is total avoid.
But I am 100% sure that speculative activities will be there during 1st week of listing. Don''t get surprised if u see 60/70% return in first 10 days.
I AM AVOIDING
3. Subject to sauda |Nov 30, 2017 16:33
Avoid
2. NPP |Nov 30, 2017 10:11
Compare Ahmadabad based construction companies , Share price etc and than decide .....
1. SekharG |Nov 29, 2017 21:20
Any feedback on this.