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

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

RMC Switchgears IPO Date Feb 28, 2017 to Mar 3, 2017
RMC Switchgears IPO Face Value ₹10 per share
RMC Switchgears IPO Price ₹27 per share
RMC Switchgears IPO Lot Size 4000 Shares
Issue Size1,536,000 shares of ₹10
(aggregating up to ₹4.15 Cr)
Fresh Issue768,000 shares of ₹10
(aggregating up to ₹2.07 Cr)
Offer for Sale768,000 shares of ₹10
(aggregating up to ₹2.07 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

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

RMC Switchgears IPO Lot Size

The RMC Switchgears IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹108,000).

Application Lots Shares Amount
Minimum 1 4000 ₹108,000
Maximum 1 4000 ₹108,000

RMC Switchgears IPO Review

Issue pricing appears reasonable. Cash surplus investors may consider investment for medium to long term rewards. Read detail review...

New RMC Switchgears IPO Recommendation by Members

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RMC Switchgears IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

RMC Switchgears IPO Prospectus

RMC Switchgears IPO Rating

Rating:Rated 4.1 stars
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RMC Switchgears IPO Listing Date

Listing Date Tuesday, March 14, 2017
BSE Script Code 540358
NSE Symbol
Listing In M Group of Securities
ISIN INE655V01019
IPO Price ₹27 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

RMC Switchgears Limited
7 KM. from Chaksu, Khotkawda Road,
Village Badodiya, Tehsil Chaksu,
Tonk Road, Jaipur-303901
Phone: +91-141-4031516

RMC Switchgears IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

RMC Switchgears IPO Reviews / Ratings

RMC Switchgears IPO FAQs

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, Edelweiss, 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.

The RMC Switchgears IPO listing date is on Tuesday, March 14, 2017.
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RMC Switchgears IPO Message Board

Ranked Members List  Ranked Members List



32. Prabhakaran Kuppusamy |   Link |May 8, 2017 6:08:07 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Any reason why upmove and down-tick are huge everyday in RMC?
31. AKMP |   Link |Mar 12, 2017 9:49:04 PM
Any premium
30. niceplaywins |   Link |Mar 10, 2017 8:48:37 PM
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
29. Dharmesh bhai |   Link |Mar 9, 2017 11:44:02 AM
Rmc allotment on linktime is under the name prakash and sons
Any one can check
29.1. NPT |   Link |Mar 9, 2017 1:11:54 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Any reason for naming it as Prakash and Sons.
28. Dharmesh bhai |   Link |Mar 9, 2017 11:43:54 AM
Rmc allotment on linktime is under the name prakash and sons
Any one can check
27. Smiter |   Link |Mar 9, 2017 11:36:12 AM
Email from BSE for ...but not showing on linkintime website...
26. Bhargavu |   Link |Mar 9, 2017 11:34:28 AM
Premium ?
25. Bhargavu |   Link |Mar 9, 2017 11:33:05 AM
I apply 5 application in Rmc got 1 allotment
24. Bharat m patel |   Link |Mar 9, 2017 9:23:43 AM
allotement today and listing date.15th march
24.1. sunil nath d |   Link |Mar 9, 2017 9:54:35 AM
Where do we find allotment details
24.2. jagadish abbigeri |   Link |Mar 11, 2017 3:44:48 PM
Bharath, where u find listing date?
23. Udaykumar |   Link |Mar 7, 2017 8:44:13 PM
Friends, any idea about refund/allotment/listing date? Plz share.
23.1. NPT |   Link |Mar 8, 2017 7:19:38 AM
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.
23.2. lakshya agg |   Link |Mar 8, 2017 4:40:15 PM
friday refund

tuesday listing
22. Allan |   Link |Mar 6, 2017 8:43:41 AM
Top Contributor Top Contributor (200+ Posts)
How do I tell, How many times is this oversubscribed
22.1. Allan |   Link |Mar 6, 2017 9:12:13 AM
Top Contributor Top Contributor (200+ Posts)
Total bids/no of shares = 23 that correct
21. RAAZ GANGWAR |   Link |Mar 4, 2017 4:49:32 PM
What is the mean of circuit and also tell total subscription and listing date
20. AKMP |   Link |Mar 3, 2017 6:27:32 PM
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
19. NPT |   Link |Mar 3, 2017 4:54:32 PM
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.
19.6. SONMAYA |   Link |Mar 5, 2017 9:34:21 AM
IPO Mentor IPO Mentor (500+ Posts)
Dear..jonam..sir...Thanks fr prompt early reply
19.7. niceplaywins |   Link |Mar 10, 2017 8:41:39 PM
good to see you active after long time jonam sir,,,,,,,,,please participate as much as possible,
your advice is often very helpful
18. raj aggarwal |   Link |Mar 3, 2017 3:42:07 PM
any premium on RMC
17. raj aggarwal |   Link |Mar 3, 2017 3:37:01 PM
hello everyone
plz confirlm final subscription data and listing date of RMC
16. CA nkn |   Link |Mar 3, 2017 1:25:35 PM
good company - good price PE-10 approx
15. Sps |   Link |Mar 3, 2017 11:53:14 AM
14. Rajiv Kumar Singh RKS |   Link |Mar 3, 2017 11:15:53 AM
Very good ipo today last day. Apply it will break all records 20% Circuit
14.1. lakshya agg |   Link |Mar 3, 2017 11:22:27 AM
beta 20% circuit bse per apke chacha lagaige ya apke papa

5% circuit hai
14.2. Pappi |   Link |Mar 3, 2017 1:20:15 PM
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
13. Rajiv Kumar Singh RKS |   Link |Mar 2, 2017 10:45:16 PM
Apply this ipo even I am considering to apply as will give good return. Lead banker Hem has great past record.