| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹56.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹56.00 Cr |
| Fresh Issue | ₹53.09 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹70.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543590 |
| NSE Code | RHETAN |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Aryaman Financial Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 1984, Rhetan TMT Limited manufactures TMT Bars and Round Bars which are primarily used in the construction industry. The company's plant is located in Gujarat and is spread over 15,000 sq. yards. The company's products have been used in the construction of dams, bridges, residential and commercial towers and major infrastructure projects in Gujarat.
Competitive Strengths :
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat – 382715 | 12.00 |
| 2 | Funding Working capital requirements | 30.46 |
| 3 | General Corporate Purposes | 12.54 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 59.00 | 39.81 | 30.47 |
| Total Income | 67.03 | 52.13 | 20.08 |
| Profit After Tax | 2.35 | 0.13 | -0.58 |
| NET Worth | 23.13 | 7.84 | 0.30 |
| Reserves and Surplus | 10.46 | -2.98 | -3.12 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 15% |
| ROCE | 8% |
| Debt / Equity | 1.15% |
| RoNW | 10.14% |
| PAT Margin | 3.50% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.00 | |
| P/E (x) | 63.64 | |
| Promoter Holding | 99.62% | 62.12% |
| Market Cap | ₹148.75 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.42 |
| 2 | Brokerage and selling commission | 0.28 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement and Marketing Expenses | 0.02 |
| 5 | Stock Exchange Fees, Regulatory and other Expenses | 0.27 |
Last Updated on 13-May-2026 10:31:38