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RMC Switchgears Limited IPO (RMC Switchgears IPO) Detail

Feb 28, 2017 - Mar 3, 2017

Incorporated in 1994, RMC Switchgears Limited is Jaipur Rajasthan based manufacturer for electrical enclosures. Company manufactures all types of enclosures in Sheet Molded Compound, Deep Drawn, Fabricated , Polycarbonate under one roof.

Company uses ultra modern automatic machineries from USA, Japan, Germany and Korea to achieve the best quality and uniformity at manufacturing facilities spread over an area of 8 Lac Sq ft.

RMC is approved vendors for all the state electricity utilities. Company are also approved vendors for the large corporate of India viz. Tatas, L& T, NCC, KEI, IRCON, Drake & Scull etc

RMC have in-house Research and Development Centre with Tool Room which helps the company to make the desired enclosure moulds within small time frame.

RMC received ISO 9001:2008 certification on the quality management system.

RMC Strengths:

• Large & Diverse Product Portfolio
• Quality of the products gives a market edge for most of the suppliers
• Integrated manufacturing facility
• Established relationship with institutional customers
• Experienced Promoter and skilled workforce
• Manufacturing of SMC enclosures, demand for which is continuously rising
• The company has well knit marketing network

Company Promoters:

Mr. Ashok Kumar Agarwal, Mr. Ankit Agrawal & Mrs. Neha Agrawal are the promoters of the company.

Objects of the Issue:

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

RMC Switchgears IPO Details

IPO DateFeb 28, 2017 - Mar 3, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,536,000 Eq Shares of ₹10
(aggregating up to ₹4.15 Cr)
Fresh Issue768,000 Eq Shares of ₹10
(aggregating up to ₹2.07 Cr)
Offer for Sale768,000 Eq Shares of ₹10
(aggregating up to ₹2.07 Cr)
Face Value₹10 Per Equity Share
IPO Price₹27 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtBSE SME

RMC Switchgears IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹108,000
Maximum14000₹108,000

RMC Switchgears IPO Subscription Status (Bidding Detail)

RMC Switchgears IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

720,000

720,000

1,440,000

Mar 3, 2017 19:20

RMC Switchgears IPO Prospectus

RMC Switchgears IPO Rating

113
4.1
Rating:Rated 4.1 stars

Vote Here ...

RMC Switchgears IPO Listing Date

Listing DateTuesday, March 14, 2017
BSE Script Code540358
NSE Symbol
Listing InM
ISININE655V01019
IPO Price₹27 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹27.00
₹29.50
₹29.00
₹32.40
₹32.40
1,000,000

RMC Switchgears IPO Reviews / Ratings

Company Contact Information

RMC Switchgears Limited
7 KM. from Chaksu, Khotkawda Road,
Village Badodiya, Tehsil Chaksu,
Tonk Road, Jaipur-303901

Phone: +91-141-4031516
Email: cs@rmcindia.in
Website: http://www.rmcindia.in/

RMC Switchgears IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

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

RMC Switchgears IPO FAQs

  1. 1. What is RMC Switchgears IPO?

    RMC Switchgears IPO is a SME IPO of 1,536,000 equity shares of the face value of ₹10 aggregating up to ₹4.15 Crores.

    The issue price of the IPO is ₹27 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 28, 2017 and closes on Mar 3, 2017.

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

  2. 2. When RMC Switchgears IPO will open?

    The RMC Switchgears IPO opens on Feb 28, 2017 and closes on Mar 3, 2017.

  3. 3. How to apply for RMC Switchgears IPO?

    RMC Switchgears IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When RMC Switchgears IPO allotment?

    The finalization of Basis of Allotment for RMC Switchgears IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RMC Switchgears IPO allotment status.

  5. 5. When is RMC Switchgears IPO listing date?

    The RMC Switchgears IPO listing date is on Tuesday, March 14, 2017, at BSE SME.
  6. 6. What is the lot size of RMC Switchgears IPO?

    RMC Switchgears IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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RMC Switchgears IPO Review / Comments

Prabhakaran Kuppusamy
32. Prabhakaran Kuppusamy  May 8, 2017 19:08
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Any reason why upmove and down-tick are huge everyday in RMC?
AKMP
31. AKMP  Mar 12, 2017 22:49
Any premium
niceplaywins
30. niceplaywins  Mar 10, 2017 21:48
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
Dharmesh bhai
29. Dharmesh bhai  Mar 9, 2017 12:44
Rmc allotment on linktime is under the name prakash and sons
Any one can check
NPT
29.1. NPT  Mar 9, 2017 14:11
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Any reason for naming it as Prakash and Sons.
Dharmesh bhai
28. Dharmesh bhai  Mar 9, 2017 12:43
Rmc allotment on linktime is under the name prakash and sons
Any one can check
Smiter
27. Smiter  Mar 9, 2017 12:36
Email from BSE for Allotment...zero ...but not showing on linkintime website...
Bhargavu
26. Bhargavu  Mar 9, 2017 12:34
Premium ?
Bhargavu
25. Bhargavu  Mar 9, 2017 12:33
I apply 5 application in Rmc got 1 allotment
Bharat m patel
24. Bharat m patel  Mar 9, 2017 10:23
allotement today and listing date.15th march
sunil nath d
24.1. sunil nath d  Mar 9, 2017 10:54
Where do we find allotment details
jagadish abbigeri
24.2. jagadish abbigeri  Mar 11, 2017 16:44
Bharath, where u find listing date?
Udaykumar
23. Udaykumar  Mar 7, 2017 21:44
Friends, any idea about refund/allotment/listing date? Plz share.
NPT
23.1. NPT  Mar 8, 2017 08:19
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
May be on or before 10th March.
I had read it somewhere but not able to find it now.
lakshya agg
23.2. lakshya agg  Mar 8, 2017 17:40
friday refund

tuesday listing
Allan
22. Allan  Mar 6, 2017 09:43
How do I tell, How many times is this oversubscribed
Allan
22.1. Allan  Mar 6, 2017 10:12
Total bids/no of shares = 23 times....is that correct
RAAZ GANGWAR
21. RAAZ GANGWAR  Mar 4, 2017 17:49
What is the mean of circuit and also tell total subscription and listing date
AKMP
20. AKMP  Mar 3, 2017 19:27
IPO size 1536000 shares
Retail 50% so appro. 770000 share
Subscription 7.20pm
At 27 29904000( assuming all non retail) subscription hni 38 to 39 times
At cut off 5884000 so retail closer to 8 times
This is just rough calculation
NPT
19. NPT  Mar 3, 2017 17:54
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Dear Admin,
Bidding status given you above and the status available at BSE SME platform differs significantly.
Please check the same and advise us suitably.
Thanks.
SONMAYA
19.6. SONMAYA  Mar 5, 2017 10:34
Top Contributor Top Contributor (300+ Posts)
Dear..jonam..sir...Thanks fr prompt early reply
niceplaywins
19.7. niceplaywins  Mar 10, 2017 21:41
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
raj aggarwal
18. raj aggarwal  Mar 3, 2017 16:42
any premium on RMC
raj aggarwal
17. raj aggarwal  Mar 3, 2017 16:37
hello everyone
plz confirlm final subscription data and listing date of RMC
CA nkn
16. CA nkn  Mar 3, 2017 14:25
good company - good price PE-10 approx
Sps
15. Sps  Mar 3, 2017 12:53
EXPERT ADVICE THIS SME IPO KAISA HE APPLY KARNA CHAHIYE YA NAHI.
Rajiv Kumar Singh RKS
14. Rajiv Kumar Singh RKS  Mar 3, 2017 12:15
Very good ipo today last day. Apply it will break all records 20% Circuit
lakshya agg
14.1. lakshya agg  Mar 3, 2017 12:22
beta 20% circuit bse per apke chacha lagaige ya apke papa

5% circuit hai
Pappi
14.2. Pappi  Mar 3, 2017 14:20
Lakshaya Circuit is 20% Please read Draft before making comments. U r making fool of Urself. Bse/Nse they don''t decide Circuit we hav certain parameters for that
Rajiv Kumar Singh RKS
13. Rajiv Kumar Singh RKS  Mar 2, 2017 23:45
Apply this ipo even I am considering to apply as will give good return. Lead banker Hem has great past record.



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