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Incorporated in 2009, Relicab Cable Manufacturing Ltd is engaged in the business of manufacturing and marketing of PVC Compounds and Wires and Cables.
Relicab manufacture wires and cables to provide cost-effective and quality solutions for various electrical connectivity requirements, mainly for the industrial segments. Relicab accomplish this through customised design and development, continuous research & development initiatives, quality manufacturing and reliable delivery of all varieties of cables. Relicab are involved in manufacturing a complete array of wires and cables that are used in diverse sectors encompassing virtually all industries like telecom, electrical, automotive and household appliances and the new field of wind energy.
Our product range includes a wide range of wires and cables including armored / unarmored and single core as well as multi core flexible cables, control & power cables, instrumentation cables etc. using high quality copper wires in HR, FR, FRLS, ZHFR forms and other raw materials. Our Company has as part of its backward integration initiative; an in-house PVC Compound manufacturing facility which supplies compound raw material for our Wires and Cables manufacturing business as well as being sold directly as finished goods to other users of PVC Compound. Relicab offer all types of PVC Compounds i.e. Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches.
Mr. Suhir H. Shah and Mr. Parag J. Shah are the Promoters of the Company.
The Objects of the Issue are to raise funds for:
1. Technological modifications and certain augmentations in the factory
2. Long Term Working Capital
3. Refundable Security Deposit for Factory Premises
4. General Corporate Purposes
| IPO Opening Date | Mar 9, 2016 |
| IPO Closing Date | Mar 14, 2016 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹20 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Issue Size | 1,608,000 Eq Shares of ₹10 (aggregating up to ₹0.32 Cr) |
The Relicab Cable IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹120,000 |
| Maximum | 1 | 6000 | ₹120,000 |
Issue is priced aggressively and the track record is not supporting. There is no harm in giving it a miss.
Read detail review...
| Listing Date | Tuesday, March 22, 2016 |
| BSE Script Code | 539760 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE773T01014 |
| IPO Price | ₹20 per equity share |
| Face Value | ₹10 per equity share |
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Relicab Cable Manufacturing Ltd
57/1, (4-B) Benslore Industrial Estate,
Village Dunetha, Nani Daman,
Daman - 396 210
Phone: +91 260 3255493
Email: investor.relicab@gmail.com
Website: http://www.relicab.com/
Sharex Dynamic (India) Pvt Ltd
Phone: +91- 22 - 2851 5606
Email: shareindia@vsnl.com
Website: http://www.sharexindia.com
Relicab Cable IPO is a SME IPO of 1,608,000 equity shares of the face value of ₹10 aggregating up to ₹0.32 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.
The IPO opens on Mar 9, 2016, and closes on Mar 14, 2016.
Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Relicab Cable IPO opens on Mar 9, 2016 and closes on Mar 14, 2016.
Relicab Cable IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
You can apply in Relicab Cable 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 Relicab Cable IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Relicab Cable IPO allotment status.
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