Rajnandini Metal Limited IPO

Rajnandini Metal Limited was established in the year 2010, a young dynamic set out on a mission to do his bit for the people, for industry, for a country that is developing fast. Indenting of metal based raw material provided him the vital foothold. A foothold that promised an ascent to greater heights. Today, Mr. H.R. Sharma can look’ back with pride at the foundation of a rock-solid organization that leaves nothing to chance.”He has now created a legacy & philosophy, which could produce only winners.

Rajnandini Metal works as a crucial business interface, networking between leading manufacturers / processors / yards and consumers / traders worldwide. Amongst its clientele, Rajnandini Metal has top notch companies from Steel, Automotive, Light / Heavy Engineering, Construction, Chemical & Electronic Industry. It pursues business based on quality contacts, information and service. Rajnandini Metal is well knit team comprising talented & experienced traders, logistic personnel & accountants. Based on your interest in buying or selling.

Rajnandini Metal Limited IPO Details
Issue Open	24-09-2018
Issue Close	27-09-2018
Allotment Date	04-10-2018
Unblocked Amount	05-10-2018
Listing Date	08-10-2018
Issue Share	16,44,000 Total Equity Share 84,000 Reserved by Market Maker 15,60,000 Equity Share
Issue Size	₹ 4.28 Cr
IPO Price Band	₹ 26
Minimum Share Bid [Lost Size]	4000
Minimum Investment Amount [Rs]	₹ 1,04,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Rajnandini Metal Limited IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
19-09-2018 : 08:00 AM	-	-	-	-

Rajnandini Metal Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2013	38.30	90.10	89.53	0.39
FY-2014	45.90	104.37	103.78	0.40
FY-2015	33.16	109.83	109.23	0.55
FY-2016	34.37	136.54	135.88	0.31
FY-2017	42.50	127.30	126.50	0.55
FY-2018	38.34	141.15	139.61	1.02
-	-	-	-	-

Rajnandini Metal Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 2.29
Price/Earnings [P/E] Ratio	11.37
Return on Net Worth [RoNW]	12.68 %
Net Asset Value [NAV]	₹ 18.03 Per Share

Rajnandini Metal Limited IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	1,00,23,300	5,72,760	2,92,10,760
Day-1 [24-09-2018]	14,96,000 [1.92]	20,000 [0.03]	16,00,000 [0.97]
Day-2 [25-09-2018]	15,64,000 [2.01]	64,000 [0.08]	17,12,000 [0.99]
Day-3 [26-09-2018]	18,32,000 [2.35]	1,24,000 [0.16]	20,40,000 [0.19]
Day-4 [27-09-2018]	18,56,000 [2.38]	3,00,000 [0.38]	22,40,000 [1.31]

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Rajnandini Metal Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Rajnandini Metal Limited IPO Contact Details
Rajnandini Metal Limited 3E/17 B.P. N.I.T Faridabad Haryana-121001 India Tel: 0129-4074043 Email:info@rajnandinimetal.com Website: www.rajnandinimetal.com

Registrar of Rajnandini Metal Limited IPO
BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road, Marol, Andheri (East), Mumbai – 400 059 Tel No.: +91 22 6263 8200 Fax No.: +91 22 6263 8299 Email: ipo@bigshareonline.com Website:www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Ashok Shetty SEBI Registration No.: INR000001385

Lead Managers of Rajnandini Metal Limited IPO
CORPORATE CAPITALVENTURES PVT. LTD. 160 Lower Ground Floor, Vinoba Puri, Lajpat Nagar New Delhi-110024 Tel: +91-011-41704066 Website: www.ccvindia.com Investor Grievance Email : investors@ccvindia.com Contact Person: Mr. Tushar Shukla SEBI Registration No.INM000012276

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