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Roman Tarmat IPO is a book build issue of ₹50.78 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹50.78 crore.
Roman Tarmat IPO bidding started from Jun 12, 2007 and ended on Jun 19, 2007. The shares got listed on BSE, NSE on Jul 9, 2007.
Roman Tarmat IPO price band is set at ₹175.00 per share . The lot size for an application is 40. The minimum amount of investment required by an retail is ₹6,000 (40 shares). The lot size investment for sNII is 29 lots (1,160 shares), amounting to ₹2,03,000, and for bNII, it is 143 lots (5,720 shares), amounting to ₹10,01,000.
The issue includes a reservation of up to 1,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Almondz Global Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Roman Tarmat IPO RHP for detailed Information.
| IPO Date | June 12, 2007 to June 19, 2007 |
| Listing Date | July 9, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹150 to ₹175 per share |
| Issue Price Final | ₹175 per share |
| Lot Size | 40 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 29,01,507 shares (aggregating up to ₹50.78 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 80,59,200 shares |
| Share Holding Post Issue | 1,09,59,200 shares |
Roman Tarmat IPO offers total 29,00,000 shares. Out of which 14,00,000 (48.28%) allocated to QIB, 4,20,000 (14.48%) allocated to NII, 9,80,000 (33.79%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 14,00,000 (48.28%) | NA |
| NII (HNI) Shares Offered | 4,20,000 (14.48%) | NA |
| Retail Shares Offered | 9,80,000 (33.79%) | 24,500 |
| Employee Shares Offered | 1,00,000 (3.45%) | NA |
| Total Shares Offered | 29,00,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Roman Tarmat IPO opens on June 12, 2007, and closes on June 19, 2007.
| IPO Open Date | Tue, Jun 12, 2007 |
| IPO Close Date | Tue, Jun 19, 2007 |
| Tentative Listing Date | Mon, Jul 9, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jun 19, 2007 |
Investors can bid for a minimum of 40 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹7,000 |
| Retail (Max) | 28 | 1,120 | ₹1,96,000 |
| S-HNI (Min) | 29 | 1,160 | ₹2,03,000 |
| S-HNI (Max) | 142 | 5,680 | ₹9,94,000 |
| B-HNI (Min) | 143 | 5,720 | ₹10,01,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1986, Roman Tarmat Limited is a Mumbai based infrastructure construction company engaged in the business of construction of Highways and Runways.
Roman Tarmat also has a Ready Mix Concrete (RMC) plant at Goregaon Mumbai with an installed capacity of 30 cubic meter / hour to cater to captive requirements and four automatic stone crushing units to enhance operational efficiency. Roman Tarmat has its own construction equipments like mechanical paver finishers, transit mixers, hydraulic excavators, concrete batching plants, mobile crusher and dumpers.
Roman Tarmat Limited is a ISO 9001:2000 certified for construction of Highways and Airports and its major clients include:
1. Airports Authority of India (AAI)
2. Karnataka State Highways
3. Improvement Project
4. Public Works Department, Mizoram
5. Military Engineer Service
Roads & Buildings Department
6. Government of Gujarat and Government of Andhra Pradesh.
| KPI | Values |
|---|---|
| RoNW | 29.49% |
The Company Roman Tarmat IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Investment in capital equipment | 228.95 |
| 2 | Funding long term working capital requirements | 180.00 |
| 3 | General Corporate Purposes | 67.77 |
| 4 | Meeting the issue expenses | 30.78 |
| Listing Date | July 9, 2007 |
| BSE Script Code | 532869 |
| NSE Symbol | TARMAT |
| ISIN | INE924H01018 |
| Final Issue Price | ₹175 per share |
| BSE Listing Group | B1 |
Roman Tarmat Ltd.
Roman Tarmat Limited,
Tank Road, Off. Gen Vaidya Marg,
Goregaon (East), Mumbai – 400 063, India
Goregaon, Maharashtra
Phone: +91-22-2840 2130
Email: ipo@romantarmat.com
Website: http://www.romantarmat.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: romantarmat@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Roman Tarmat IPO is a main-board IPO of 29,01,507 equity shares of the face value of ₹10 aggregating up to ₹50.78 Crores. The issue is priced at ₹175 per share. The minimum order quantity is 40.
The IPO opens on June 12, 2007, and closes on June 19, 2007.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Roman Tarmat IPO using UPI as a payment gateway. Zerodha customers can apply in Roman Tarmat IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Roman Tarmat IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Roman Tarmat IPO opens on June 12, 2007 and closes on June 19, 2007.
Roman Tarmat IPO lot size is 40, and the minimum amount required for application is ₹7,000.
You can apply in Roman Tarmat 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 Roman Tarmat IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Roman Tarmat IPO allotment status.
The Roman Tarmat IPO listing date is on Monday, July 9, 2007.
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