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Ranjeet Mechatronics IPO Details

Issue Open Sep 12, 2018
Issue Close Sep 17, 2018
IPO Price ₹25
Face Value ₹10
IPO Size ₹4.50 Cr
Listing At BSE SME
IPO Lot Size 6000
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Ranjeet Mechatronics IPO Date & Price

The Ranjeet Mechatronics IPO opens on Sep 12, 2018 and closes on Sep 17, 2018.

Ranjeet Mechatronics IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 12, 2018
  • Bid/Offer Closes On: Sep 17, 2018
  • Finalization of Basis of Allotment: Sep 21, 2018
  • Initiation of refunds: Sep 25, 2018
  • Credit of Equity Shares: Sep 25, 2018
  • Listing Date: Sep 26, 2018

Ranjeet Mechatronics IPO price is set at ₹25 per equity share.

Ranjeet Mechatronics IPO will close for subscription at 5 PM on Sep 17, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Ranjeet Mechatronics IPO starts on Sep 12, 2018. The issue ends on Sep 17, 2018.

Ranjeet Mechatronics IPO Issue Size and Subscription Status

The Ranjeet Mechatronics IPO size is 1800000 Equity Shares of ₹10 aggregating up to ₹4.50 Cr.

Ranjeet Mechatronics Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Ranjeet Mechatronics IPO shares through the banks (using ASBA) or through the broker (using UPI).

Ranjeet Mechatronics IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)852,000 Shares
Retail Individual Investor (RII)852,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,704,000 Shares

Ranjeet Mechatronics IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)77.48 times times
Retail Individual Investor (RII)62.03 times times
Employee Reservations times
Other Reservations times
Total Issue Size69.75 times times

Click here to check the Ranjeet Mechatronics IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Ranjeet Mechatronics IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Ranjeet Mechatronics IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Ranjeet Mechatronics IPO Allotment and Listing

The Ranjeet Mechatronics IPO allot status will be available online on Sep 21, 2018. Check the Ranjeet Mechatronics IPO Allotment Status here.

The Ranjeet Mechatronics IPO Allotment Status is not available online at this time.

Ranjeet Mechatronics IPO listing Date is Sep 26, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Ranjeet Mechatronics IPO listing date and time is published by the exchange in a circular.

Click here to view the Ranjeet Mechatronics IPO Basis of Allotment.

It is hard to say at what price Ranjeet Mechatronics IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Ranjeet Mechatronics IPO shares will list on Sep 26, 2018 at BSE SME.

Ranjeet Mechatronics IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Ranjeet Mechatronics IPO which could help you with questions like Ranjeet Mechatronics IPO buy or not? You should also read Ranjeet Mechatronics IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Ranjeet Mechatronics IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Ranjeet Mechatronics IPO performance. The performance reports are available 1 day after listing.