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RHETANSME / BSEListed
Rhetan TMT

Rhetan TMT Limited, incorporated in 1984, is a manufacturer of TMT Bars and Round Bars used mainly in the construction industry. The company’s plant, located in Gujarat and spread over 15,000 sq. yards, produces products that have been utilized in the construction of dams, bridges, residential and commercial towers, and other major infrastructure projects in the state.

DRHP
₹70 - ₹701.47x sub
Listed Price₹70.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open22 Aug 2022
Close25 Aug 2022
Allotment01 Sep 2022
Listing05 Sep 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker4,16,000 shares
5.2%
Nii (hni)37,92,000 shares
47.4%
Retail37,92,000 shares
47.4%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Ashoka Metcast LimitedShalin Shah

Company Background

Rhetan TMT Limited, incorporated in 1984, is a manufacturer of TMT Bars and Round Bars used mainly in the construction industry. The company’s plant, located in Gujarat and spread over 15,000 sq. yards, produces products that have been utilized in the construction of dams, bridges, residential and commercial towers, and other major infrastructure projects in the state.

Lead Managers & Bankers

No lead manager records available.

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹2008.26 Cr
Growth-70.0%
Revenue Trend (₹ in Crores)
0.02.6k5.1k7.7kMar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-202008.26-58.043046.860
Mar-215213.0113.443980.650
Mar-226703.45234.575900.060

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Sep 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
05 Sep 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Rhetan TMT. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Sep 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Sep 2022Trading commences on exchange

How to Check Rhetan TMT Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Rhetan TMT from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Rhetan TMT IPO

Complete issue overview for Rhetan TMT (RHETAN) IPO. The issue features an equity share price band of ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions