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LISTEDSME

Rhetan TMT IPO

Open 22nd Aug 2022 · Close 25th Aug 2022 · Listing 5th Sep 2022

Price BandTBA
Live GMPNO GMP
Subscription1.47×
Issue Size₹56.00 Cr
Allotment30th Aug 2022

At a glance

Updated 2026-08-23

Rhetan TMT is a SME IPO with an issue size of ₹56.00 crore, proposed for listing on BSE SME. The offer opens on 22nd Aug 2022 and closes on 25th Aug 2022. The issue structure includes a fresh issue of ₹53.09 crore.

Issue details

Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹56.00 Cr
Fresh issue₹53.09 Cr
Face value₹10
Price band—–—
Allotment30th Aug 2022
Listing5th Sep 2022

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹66.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens22nd Aug 2022
Closes25th Aug 2022
Allotment30th Aug 2022
Refund1st Sep 2022
Demat2nd Sep 2022
Listing5th Sep 2022

Subscription demand

Full bidding ↗
Total1.47×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000

Company

Incorporated1984

Use of proceeds

ObjectAmount
Funding capital expenditure for expansion and modernization at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat – 382715₹12.00 Cr
Funding Working capital requirements₹30.46 Cr
General Corporate Purposes₹12.54 Cr

31 Mar 2020

Assets30.47
Total Income20.08
Profit After Tax-0.58
NET Worth0.30
Reserves and Surplus-3.12

31 Mar 2021

Assets39.81
Total Income52.13
Profit After Tax0.13
NET Worth7.84
Reserves and Surplus-2.98

31 Mar 2022

Assets59.00
Total Income67.03
Profit After Tax2.35
NET Worth23.13
Reserves and Surplus10.46
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS2.00
Pre-IPO P/E63.64
Promoter holding pre99.62%
Promoter holding post62.12%
Market cap₹148.75 Cr.

Issue expenses

ExpenseAmount
Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses₹0.42 Cr
Brokerage and selling commission₹0.28 Cr
Printing & Stationery, Distribution, Postage, etc.₹0.02 Cr
Advertisement and Marketing Expenses₹0.02 Cr
Stock Exchange Fees, Regulatory and other Expenses₹0.27 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Aryaman Financial Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.