Rhetan TMT IPO subscription standing is to start out on August 22, Monday. Rhetan TMT is an BSE SME IPO and has been subscribed by NII, and Retail buyers. The firm is to boost ₹56 crores through IPO. The IPO worth band is mounted at ₹70 with a market lot of 2000 shares.
Rhetan TMT Limited firm is a producer of TMT Bars and Round Bars. Their merchandise are used within the building business. Rhetan TMT was integrated in 1984 and is predicated in Ahmedabad, Gujarat. The firm is promoted by Shalin Shah and Ashok Shah. The group is actively engaged within the manufacturing of premium high quality TMT Bars confirming ISI Standards.
IPOWatch View:
We suggest buyers might apply for an IPO with warning (Risky). Investors also needs to have a look at the Retail and HNI numbers earlier than investing. You can examine the Rhetan TMT IPO allotment standing right here.
Rhetan TMT IPO Subscription Status (Live Update – Day 1)
Last Updated – N/A
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.00 | – | – |
| RII | 0.00 | – | – |
| Total | 0.00 | – | – |
Rhetan TMT IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, and many others
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rhetan TMT IPO Date & Price Band
| Â Rhetan TMT IPO Open: | Â August 22, 2022 |
| Â Rhetan TMT IPO Close: | Â August 25, 2022 |
|  Rhetan TMT IPO Size: |  Approx ₹56 Crores, 8,000,000 Equity Shares |
|  Face Value: |  ₹10 Per Equity Share |
|  Rhetan TMT IPO Price Band: |  ₹70 Per Equity Share |
| Â Rhetan TMT IPO Listing on: | Â BSE SME |
| Â Retail Quota: | Â 50% |
| Â QIB Quota: | Â -% |
| Â NII Quota: | Â 50% |
| Â DRHP Draft Prospectus: | Â Click Here |
| Â RHP Draft Prospectus: | Â Click Here |
Rhetan TMT IPO Market Lot
The Rhetan TMT IPO minimal market lot is 2000 shares with a ₹140,000 software quantity.
| Â Minimum IPO Lot Size: | Â Minimum 2000 Shares for 1 lot |
|  Minimum Amount: |  ₹140,000 for 1 lot |
Rhetan TMT IPO Allotment & Listing Dates
The Rhetan TMT IPO date is August 22 and the IPO shut date is August 25. The IPO allotment date is August 30 and the IPO may record on September 5.
| Â Rhetan TMT IPO Open Date: | Â August 22, 2022 |
| Â Rhetan TMT IPO Close Date: | Â August 25, 2022 |
| Â Basis of Allotment: | Â August 30, 2022 |
| Â Refunds: | Â September 1, 2022 |
| Â Credit to Demat Account: | Â September 2, 2022 |
| Â Rhetan TMT IPO Listing Date: | Â September 5, 2022 |
Rhetan TMT IPO Form
How to use Rhetan TMT IPO? You can apply Rhetan TMT IPO through ASBA accessible in your checking account. Just go to the web financial institution login and apply through your checking account by choosing the Rhetan TMT IPO within the Invest part. The different possibility you may apply Rhetan TMT IPO through IPO types obtain through the BSE web site. Check out the Rhetan TMT types – click on BSE IPO Forms download, fill and submit in your financial institution or along with your dealer.
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