Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Rishabhdev Technocable IPO is a book built issue of Rs 22.62 crores.
Rishabhdev Technocable IPO bidding started from June 4, 2009 and ended on June 9, 2009. The shares got listed on BSE on June 29, 2009.
Rishabhdev Technocable IPO price band is set at ₹29 to ₹33 per share. The minimum lot size for an application is 200 Shares. The minimum amount of investment required by retail investors is ₹6,600.
Idbi Capital Market Services Limited and Pl Capital Markets Private Limited are the book running lead managers of the Rishabhdev Technocable IPO, while Mondkar Computers Private Limited is the registrar for the issue.
Refer to Rishabhdev Technocable IPO RHP for detailed information.
| IPO Date | June 4, 2009 to June 9, 2009 |
| Listing Date | June 29, 2009 |
| Face Value | ₹10 per share |
| Price Band | ₹29 to ₹33 per share |
| Lot Size | 200 Shares |
| Total Issue Size | 6,854,500 shares (aggregating up to ₹22.62 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE |
Rishabhdev Technocable IPO offers 6,854,500 shares. 3,427,250 (50.00%) to QIB, 1,028,175 (15.00%) to NII, 2,399,075 (35.00%) to RII. 11,995 RIIs will receive minimum 200 shares and (sNII) and (bNII) will receive minimum 6,200 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 3,427,250 (50.00%) | NA |
| NII (HNI) Shares Offered | 1,028,175 (15.00%) | |
| Retail Shares Offered | 2,399,075 (35.00%) | 11,995 |
| Total Shares Offered | 6,854,500 (100%) |
Investors can bid for a minimum of 200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹6,600 |
| Retail (Max) | 30 | 6000 | ₹198,000 |
| Lot Size Calculator | |||
Incorporated in 1994, Rishabhdev Technocable Limited is in the business of cable manufacturing and trading. Company is BS EN ISO 9001:2000 certified by BSI, UK and also IS 694:1990, IS: 1554:1988 Part 1: 1988 by Bureau of Indian Standards.
Company have variety of cables in their product range like Industrial control cables, Hi- Tech- data cables, Process control instrument signal cables, Thermocouple extension and Compensating cables, Computer application, Hi- Bit rate networking cables, Digital data communication cables, Specialty cables and Customized cables. Company manufactures cables up to 1.1 KV for various applications covering various industries like Power and Electrical Distributions and Transmission, Steel and Metal, Cement, Mines and Minerals , Petrochemicals and fertilizers, Paper Mills and Fine chemicals, Hydrocarbon Process Industries, Software Technology IT Park and infrastructure.
Rishabhdev's clients are from diverse industries and include large corporates such as Tata Power Company Ltd., Kalpatru Power Transmission Ltd., Reliance Industries Ltd., Grasim Industries Ltd., Century Enka Ltd., National Thermal Power Corporation Ltd, Welspun Gujarat Stahl Rohren Ltd, Tata Steel Ltd., Siemens Ltd., Sanghi Industries Ltd., Adani Power Limited, Johnson Controls India Pvt. Ltd., Nova Petrochemicals Ltd., Bhabha Atomic Research Centre, Indian Navy and others.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Expansion cum modernization of existing manufacturing facilities (Unit I) at Daman;
2. Setting up of new facilities (Unit II) at Daman for manufacturing Electrical Control Cables;
3. Setting up of new facilities (Unit III) at Silvassa for manufacturing Power cables;
4. Margin Money for working capital Requirements;
5. To meet Public Issue Expenses;
6. General Corporate purposes.
The Rishabhdev Technocable IPO is subscribed 7.76 times on June 9, 2009 5:30:00 PM. The public issue subscribed 16.63 times in the retail category, 0.23 times in the QIB category, and 12.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.23 |
| NII | 12.15 |
| Retail | 16.63 |
| Total | 7.76 |
| Listing Date | June 29, 2009 |
| BSE Script Code | 533083 |
| NSE Symbol | |
| ISIN | INE685F01019 |
| Final Issue Price | ₹33 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹33.00 |
| ₹42.00 |
| ₹25.85 |
| ₹47.00 |
| ₹27.20 |
Rishabhdev Technocable Ltd
53, 1st Fl, Jagat Satguru Ind Estate,
Vishveshwar Nagar Road,
Goregoan (East), Mumbai- 400063
Phone: +91-22-28769059
Email: fpo@rtclcables.com
Website: http://www.rtclcables.com
Mondkar Computers Private Limited
Phone: 022 - 2836 6620 / 2825 7641
Email: info@mondkarcomputers.com
Website: https://www.unisec.in/
Rishabhdev Technocable IPO is a main-board IPO of 6,854,500 equity shares of the face value of ₹10 aggregating up to ₹22.62 Crores. The issue is priced at ₹29 to ₹33 per share. The minimum order quantity is 200 Shares.
The IPO opens on June 4, 2009, and closes on June 9, 2009.
Mondkar Computers Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Rishabhdev Technocable IPO opens on June 4, 2009 and closes on June 9, 2009.
Rishabhdev Technocable IPO lot size is 200 Shares, and the minimum amount required is ₹6,600.
You can apply in Rishabhdev Technocable 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 Rishabhdev Technocable IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Rishabhdev Technocable IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Scam tainted stocks generally fall to 11% or less. Eg: Real-estate stocks- Unitech, Orbit, Sobha, Suzlon dropped to 11% or less in 2008 bear market.
IT stocks fell to 11% (Satyam, Rolta etc.) in IT buble of 2000. Old economy stocks dropped to 11& in 1992 Harshad Mehta scam eg: ACC.