|
|
Incorporated in 2013, RBM Infracon Limited is primarily engaged in engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc.
Its key business services include Fabrication & Erection of structural work, Fabrication & Erection of Piping, ARC maintenance, Turnaround, blasting & painting, Insulation and Refractory, Electrical and Instrumentation, NDT services, and others.
The firm provides services at different plants like CDU-VDU, DHDS, NHT-CCR, HMU-I & II, CPP, DCU, Rail and Jetty and is also involved in ARC maintenance jobs in RIL-Jamnagar and YARA-Babrala. It has successfully executed 14 Turnaround Shutdowns at Reliance Industries Ltd (RIL), Nayara Energy, and Yara Fertilisers.
As on Sep 6, 2022, it has an order book value of Rs 121 Crores, and recently, it has received a new order worth Rs 200 Crores from Malco Energy Ltd for operations & maintenance of the Metcoke Manufacturing Plant.
Strengths
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2115.97 | 3516.78 | -12.03 | 540.44 | 488.44 | 666.85 |
| 31-Mar-21 | 2333.62 | 3888.74 | -133.24 | 462.54 | 406.94 | 813.41 |
| 31-Mar-22 | 2503.6 | 4763.06 | 190.99 | 653.52 | 597.92 | 850.9 |
| 30-Jun-22 | 2450.29 | 1027.2 | 65.4 | 718.93 | 663.33 | 641.41 |
| Amount in ₹ Lakhs | ||||||
| IPO Date | Dec 23, 2022 to Dec 27, 2022 |
| Listing Date | Wednesday, January 4, 2023 |
| Face Value | ₹10 per share |
| Price | ₹36 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,325,000 shares of ₹10 (aggregating up to ₹8.37 Cr) |
| Fresh Issue | 2,325,000 shares of ₹10 (aggregating up to ₹8.37 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| P/E (x) | 15.93 |
| Market Cap (₹ Cr.) | 30.39 |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Market Maker | SUNFLOWER BROKING PVT. LTD. |
| Company Promoters | Mr. Jaybajrang Ramaishish Mani is the promoter of the company. |
RBM Infracon IPO opens on Dec 23, 2022, and closes on Dec 27, 2022. The RBM Infracon IPO bid date is from Dec 23, 2022 10.00 A.M. to Dec 27, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 23, 2022 |
| Closing Date | Dec 27, 2022 |
| Basis of Allotment | Dec 30, 2022 |
| Initiation of Refunds | Jan 2, 2023 |
| Credit of Shares to Demat | Jan 3, 2023 |
| Listing Date | Jan 4, 2023 |
The RBM Infracon IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹108,000 |
| Retail (Max) | 1 | 3000 | ₹108,000 |
| HNI (Min) | 2 | 6,000 | ₹216,000 |
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.45% |
Though the company’s recent performance raises eyebrows, its IPO pricing appears reasonable. With the order on hand worth Rs. 121 cr. and a letter of intent for a work contract for a period of 3 years from a Vedanta group company hold the key. Cash surplus investors may consider parking funds with a long-term perspective. Read detail review...
The RBM Infracon IPO is subscribed 40.32 times on Dec 27, 2022 7:50:00 PM. The public issue subscribed 34.33 times in the retail category, times in the QIB category, and 46.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 46.32 |
| Retail | 34.33 |
| Total | 40.32 |
| Listing Date | Wednesday, January 4, 2023 |
| BSE Script Code | |
| NSE Symbol | RBMINFRA |
| Listing In | |
| ISIN | INE0NA301016 |
| IPO Price | ₹36 per share |
| Face Value | ₹10 per share |
|
|
RBM Infracon Limited
C/O Rahul Mani Tripathi Mb Complex,
Main Road, Baitalpur, 274201
Phone: 0288-2710463
Email: info@rbminfracon.com
Website: http://www.rbminfracon.com/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
RBM Infracon IPO is a SME IPO of 2,325,000 equity shares of the face value of ₹10 aggregating up to ₹8.37 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Dec 23, 2022, and closes on Dec 27, 2022.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in RBM Infracon IPO using UPI as a payment gateway. Zerodha customers can apply in RBM Infracon IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in RBM Infracon IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The RBM Infracon IPO opens on Dec 23, 2022 and closes on Dec 27, 2022.
RBM Infracon IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in RBM Infracon 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for RBM Infracon IPO will be done on Dec 30, 2022, and the allotted shares will be credited to your demat account by Jan 3, 2023. Check the RBM Infracon IPO allotment status.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
