Fixed Price IPO | ₹17 Cr | Listing at NSE, BSE | Fri, Apr 2, 2004 - Sat, Apr 10, 2004 P
RAMKRISHNA FORGINGS IPO is a fixed issue price of ₹16.95 crores. The issue is entirely a fresh issue of 0.85 crore shares of ₹16.95 crore.
RAMKRISHNA FORGINGS IPO bidding started from Apr 2, 2004 and ended on Apr 10, 2004.
RAMKRISHNA FORGINGS IPO is set final issue price at ₹20 per share.
Microsec Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to for detailed Information.
IPO Open
Fri, Apr 2, 2004
IPO Close
Sat, Apr 10, 2004
Issue Price
₹20 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 2 to 10 Apr, 2004 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE, BSE |
| Total Issue Size | 84,75,000 shares (agg. up to ₹17 Cr) |
| Reserved for Private Promoter | 23,50,000 shares (agg. up to ₹5 Cr) |
| Fresh Issue | 61,25,000 shares (agg. up to ₹12 Cr) |
| Net Offered to Public | 61,25,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 42,99,300 shares |
| Share Holding Post Issue | 1,27,74,300 shares |
RAMKRISHNA FORGINGS IPO comprises a total issue size of 61,25,000 shares. The net offer to the public is 37,75,000 shares, after excluding 23,50,000 shares allotted on a firm basis. Of the Net offer 30,62,500 (50.00%) allocated to NII 30,62,500 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 30,62,500 | 50.00% | 50.00% |
| Retail Shares Offered | 30,62,500 | 50.00% | 50.00% |
| Firm Reservations | |||
| Private Promoter Shares Offered | 23,50,000 | 38.37% | |
| Total Shares Offered | 61,25,000 | 100.00% | 100.00% |
Incorporated on November 11, 1981, Ramkrishna Forgings Limited is engaged in the manufacturing of forged components for industries such as automobiles, railways, defence, aerospace, construction equipment, mining, and capital goods. The company manufactures closed die, open die, cold forged, and rolled ring forged products using materials such as alloy steel, carbon steel, stainless steel, aluminium, titanium, and super alloys.
The company operates manufacturing facilities in Adityapur Industrial Area, Jamshedpur, and Liluah, Howrah, and has acquired additional land for expansion. Its products are widely used in automotive components, industrial machinery, aerospace systems, defence equipment, and heavy engineering applications. The company focuses on producing high-strength and durable forged products through advanced forging technologies and machining capabilities.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land & Site Development | 0.31 |
| 2 | Shed & Building | 2.26 |
| 3 | Plant & Machinery - Imported | 5.17 |
| 4 | Plant & Machinery - Indigenous | 11.66 |
| 5 | Miscellaneous Fixed Assets | 1.46 |
| 6 | Pre-operative Expenses | 1.06 |
| 7 | Contingencies | 1.10 |
| 8 | Margin for Working Capital | 2.53 |
| 9 | Estimated Issue and Listing Expenses | 0.75 |
| Total | 26.29 |
The RAMKRISHNA FORGINGS IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 4.89 | 61,25,000 | 2,99,32,000 | |
Lead Manager Reports
RAMKRISHNA FORGINGS IPO is a main-board IPO of 84,75,000 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹20 per share. The minimum order quantity is .
The IPO opens on Fri, Apr 2, 2004, and closes on Sat, Apr 10, 2004.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in RAMKRISHNA FORGINGS IPO using UPI as a payment gateway. Zerodha customers can apply in RAMKRISHNA FORGINGS IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in RAMKRISHNA FORGINGS IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The RAMKRISHNA FORGINGS IPO opens on Fri, Apr 2, 2004 and closes on Sat, Apr 10, 2004.
RAMKRISHNA FORGINGS IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in RAMKRISHNA FORGINGS IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for RAMKRISHNA FORGINGS IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the RAMKRISHNA FORGINGS IPO allotment status.
The RAMKRISHNA FORGINGS IPO listing date is not yet announced. The tentative date of listing is .
