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Rhetan TMT Ltd
Registered Office:
7th Floor Ashoka Chambers,Rasala Marg Mithakhali, Ahmedabad - 380006, Gujarat, India.
Website :
Initial public offer of upto 80,00,000 equity shares of Rs. 10 each ("Equity Shares") of Rhetan TMT Limited ("RTL" or the "Company") for cash at a price of Rs. 70 per share (the "Issue Price"), aggregating to Rs. 56.00 croress ("The Issue"), of which upto 4,16,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 75,84,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 37.65% and 35.69 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 7 times of the face value.
Opens On Closes On
22-Aug-22 25-Aug-22
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 2000  Further Multiples of : 2000
()(Cr.) Lead Managers to the Issue
Project Cost () 55.00 Aryaman Financial Services Ltd
Project Financed through Current Offer () 56.00  
Post Issue Equity Share Capital () 21.25  
Issue Price () 70.00  
Funding capital expenditure for expansion and modernization at 325,
Funding working capital requirements
General corporate purposes
Promoted By
Ashoka Metcast Ltd
Shalin Shah
Listing At
Registrar to the Issue