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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
| IPO Date | Feb 28, 2017 to Mar 3, 2017 |
| Listing Date | Mar 14, 2017 |
| Face Value | ₹10 per share |
| Price | ₹27 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,536,000 shares (aggregating up to ₹4.15 Cr) |
| Fresh Issue | 768,000 shares (aggregating up to ₹2.07 Cr) |
| Offer for Sale | 768,000 shares of ₹10 (aggregating up to ₹2.07 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 720,000 (50.00%) |
| Retail Shares Offered | 720,000 (50.00%) |
| Market Maker portion | 96,000 shares |
| Total Shares Offered | 1,440,000 |
The RMC Switchgears IPO lot size is 4000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹108,000 |
| Retail (Max) | 1 | 4000 | ₹108,000 |
| Lot Size Calculator | |||
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
[Dilip Davda] Issue pricing appears reasonable. Cash surplus investors may consider investment for medium to long term rewards. Read detail review...
The RMC Switchgears IPO is subscribed times on Mar 3, 2017 7:20:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | |
| Retail | |
| Total |
| Listing Date | Mar 14, 2017 |
| BSE Script Code | 540358 |
| NSE Symbol | |
| ISIN | INE655V01019 |
| Final Issue Price | ₹27 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹27.00 |
| ₹29.50 |
| ₹29.00 |
| ₹32.40 |
| ₹32.40 |
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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rmc.ipo@linkintime.co.in
Website: https://linkintime.co.in/
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
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 is priced at ₹27 per share. The minimum order quantity is 4000 Shares.
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.
The RMC Switchgears IPO opens on Feb 28, 2017 and closes on Mar 3, 2017.
RMC Switchgears IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in RMC Switchgears 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 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.
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