Rishabhdev Technocable Ltd IPO (Rishabhdev Technocable IPO) Detail

Jun 4, 2009 - Jun 9, 2009

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.

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 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.

Rishabhdev Technocable IPO Details

IPO Opening DateJun 4, 2009
IPO Closing DateJun 9, 2009
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹29 to ₹33 per equity share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE
Issue Size6,854,500 Eq Shares of ₹10
(aggregating up to ₹22.62 Cr)

Rishabhdev Technocable IPO Lot Size

The Rishabhdev Technocable IPO market lot size is 200 shares. A retail-individual investor can apply for up to 30 lots (6000 shares or ₹198,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹6,600
Maximum306000₹198,000

Rishabhdev Technocable IPO Subscription Status (Bidding Detail)

The Rishabhdev Technocable IPO is subscribed 7.76x times on Jun 9, 2009 17:30. The public issue subscribed 16.63x in the retail category, 0.23x in the QIB category, and 12.15x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

0.23x

NII

12.15x

RII

16.63x

Total

7.76x

Rishabhdev Technocable IPO Rating

151
3.7
Rating:Rated 3.7 stars

Vote Here ...

Rishabhdev Technocable IPO Listing Date

Listing DateMonday, June 29, 2009
BSE Script Code533083
NSE Symbol
Listing InB
ISININE685F01019
IPO Price₹33 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹33.00
₹42.00
₹25.85
₹47.00
₹27.20
25,318,301

Rishabhdev Technocable IPO Reviews / Ratings

  • Hem Securities - Avoid
  • S P Tulsian - Avoid

Company Contact Information

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

Rishabhdev Technocable IPO Registrar

Mondkar Computers Private Limited
   21 Shakil Niwas, Opp. Satya Saibaba Temple
   Mahakali Caves Road,
   Andheri (E), Mumbai - 400093

Phone: 022 - 2836 6620 / 2825 7641
Email: info@mondkarcomputers.com
Website: https://www.unisec.in/

Rishabhdev Technocable IPO FAQs

  1. What is Rishabhdev Technocable IPO?

    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 equity share. The minimum order quantity is 200 Shares.

    The IPO opens on Jun 4, 2009, and closes on Jun 9, 2009.

    Mondkar Computers Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

  2. When Rishabhdev Technocable IPO will open?

    The Rishabhdev Technocable IPO opens on Jun 4, 2009 and closes on Jun 9, 2009.

  3. What is the lot size of Rishabhdev Technocable IPO?

    Rishabhdev Technocable IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.

  4. How to apply for Rishabhdev Technocable IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Rishabhdev Technocable IPO allotment?

    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.

  6. When is Rishabhdev Technocable IPO listing date?

    The Rishabhdev Technocable IPO listing date is on Monday, June 29, 2009.

Rishabhdev Technocable IPO Message Board

Ranked Members  Ranked Members

Loading...
477. Ravi, Bangalore |Oct 6, 2009 19:55
It may fall to 11% of life-high i.e. 47 x 11% = 5.17.

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.
476. Ajay |Sep 15, 2009 19:04
When Rishabhdev will start moving , No Movement in this stock.
475. vimal |Sep 12, 2009 00:23
i have some better stockfor future buy nandan exim, teledata,harig crank , glorypolyfilm, bsel infra and specialy countryclub.this stock make your money to tree of money . check your self on bseindia.com profit and also past of this stock. best of luck
474. rama |Aug 8, 2009 16:32
This is not a "investment grade" stock; better we can club under speculative stock. Better you book your profit or loss and move onto quality stocks like BHEL/NTPC/AXIS BANK/HDFC etc. Otherwise you can invest in good mutual fund.
Rama
473. Sonu |Aug 6, 2009 18:48
Any future of this stock.. I am holding 3400 at 17 rs. Please suggest?
472. BIGBULLS |Jul 22, 2009 20:30
Sicagen TGT is 15 /- Time frame 3 months
471. BIGBULLS |Jul 22, 2009 11:25
See 461. BIGBULLS

Sicagen rocking today- 8.0 /- + 5.25 % upper circuit
470. MINDNMONEY |Jul 21, 2009 21:31

469 - BIGBULLS

I can see - SICAGEN is a good speculative stock - I might
take interest - once I wind up my other positions -

Best Wishes
MINDNMONEY
469. MINDNMONEY |Jul 21, 2009 20:52

468 DADA

Thanks for your view on Lincoln Pharmaceuticals.

Best Wishes
MINDNMONEY

468. BIGBULLS |Jul 21, 2009 18:52
See 461. BIGBULLS

Sicagen today- 7.60 /- + 5.5 % upper circuit depite bad market condition
467. Dada |Jul 21, 2009 03:30
Mindmoney,
I don't see anything negative in whole balance sheet. Only concern is that its small company. In Mar-09 qtr, they reported loss. Will it be back in profit and grow it? If yes, then I don't have anything negative about Lincoln Pharma.
466. MINDNMONEY |Jul 21, 2009 01:31

466 - Error

Company (Lincoln Pharama) is paying TAX (instead of dividend)

Tax detail
year 04 05 06 07 08
Tax 0.49 0.53 0.86 1.35 1.86 (In crores)


Best Wishes
MINDNMONEY
465. MINDNMONEY |Jul 21, 2009 01:28

464 DADA

LINCOLN PHARMACEUTICAL - is paying dividend
Check -
http://www.moneycontrol.com/financials/lincolnpharmaceuticals/profit-loss/LP06

for Year 2008 - 1.86 crore

04 05 06 07 08
Tax 0.49 0.53 0.86 1.35 1.86 (In crores)

Now what you say? - say what you see (shouldn't be biased)

Best Wishes
MINDNMONEY
464. MINDNMONEY |Jul 21, 2009 01:12

464 DADA

Interesting observation -
may be EOU or Operationg in SEZ-
(I don't think negative Retained earnings (previous loss) is the case- as it is profitable & dividend paying)

Still I did not hear - what do you think about investment in the company for short term - 6 months ?

Best Wishes
MINDNMONEY
463. Dada |Jul 20, 2009 23:32
Why Lincoln is not paying taxes???
462. MINDNMONEY |Jul 20, 2009 20:48

460 DADA

Rs. 1.86 EPS on Rs. 2.00 Face Value
Now Face value is Rs. 10.00 (Reverse split - in March 09)

S0 1.86 X 5 = 9.30 Rs
Also dividend 24 or 25 paise on Face value 2.00 - So 1.25 on 10.00

Got it -

I have made money - on scripts where people loose the hope -
just like Rishabhdev Tech- you know my Average on those shares
- still I have large amount left-

Best Wishes
MINDNMONEY
461. MINDNMONEY |Jul 20, 2009 18:18

459-460 DADA

Without proper investigation - don't write anything -
LINCOLN PHARAMACEUTICALS - EPS 9.00+ for year 2008-09.
It is paying dividend since 2002 -

Still serious investors - do not know about the company -

Best Wishes
MINDNMONEY
460. BIGBULLS |Jul 20, 2009 12:45
Hi Mindmoney,

Surely it will touch Rs. 22 /-..today day high is 20 /-...

Tips:

Buy SICAGEN INDIA LIMITED

CMP- 7.29 /-
52 Week High- 200 /-
FV- 10 /-
Buy now & forget for one year...

Till Diwali-2009 it will go to 50 /-...for sure...

459. Dada |Jul 20, 2009 10:50
Mindmoney,
EPS of Lincoln Pharma is 1.86. So PE ratio of this chor company is very high. Not sure who told you that its EPS in 9.
Please refer below URL
http://www.moneycontrol.com/financials/lincolnpharmaceuticals/results/yearly/LP06
458. Dada |Jul 20, 2009 10:46
Most likely Lincoln Pharma company is chor company. They are not paying any taxes at all in last few years. I just don't understand how they can avoid paying taxes while they are making proit. Every other pharma company is paying taxes. Better you say away from it. You might make money in short term trading, but don't expect retruns in long term.







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