Bookbuilding IPO | ₹51 Cr | Listed at BSE, NSE | Tue, Jun 12, 2007 - Tue, Jun 19, 2007
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 per share. The lot size for an application is 40. The minimum amount of investment required by an retail is ₹7,000 (40 shares) (based on upper price). 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 Open
Tue, Jun 12, 2007
IPO Close
Tue, Jun 19, 2007
Issue Price
₹175 per share
Market Cap (Pre-IPO)
₹191.79 Cr
| IPO Date | 12 to 19 Jun, 2007 |
| Listed on | Mon, Jul 9, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹150 to ₹175 |
| Issue Price | ₹175 per share |
| Lot Size | 40 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 29,01,507 shares (agg. up to ₹51 Cr) |
| Fresh Issue | 29,01,507 shares (agg. up to ₹51 Cr) |
| Share Holding Pre Issue | 80,59,200 shares |
| Share Holding Post Issue | 1,09,59,200 shares |
| BSE Script Code / NSE Symbol | 532869 / TARMAT |
| ISIN | INE924H01018 |
Roman Tarmat IPO comprises a total issue size of 29,00,000 shares. The net offer to the public is 28,00,000 shares, after excluding 1,00,000 shares under a preferential allotment. Of the Net offer 14,00,000 (50.00%) are allocated to QIB, 4,20,000 (15.00%) allocated to NII 9,80,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 14,00,000 | 50.00% | 48.28% | NA |
| NII (HNI) Shares Offered | 4,20,000 | 15.00% | 14.48% | NA |
| Retail Shares Offered | 9,80,000 | 35.00% | 33.79% | 24,500 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,00,000 | 3.45% | NA | |
| Total Shares Offered | 29,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 40 shares and in multiples thereof.
| 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 |
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in capital equipment | 22.90 |
| 2 | Funding long term working capital requirements | 18.00 |
| 3 | General Corporate Purposes | 6.78 |
| 4 | Meeting the issue expenses | 3.08 |
| KPI | |
|---|---|
| RoNW | 29.49% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 82.5% | 60.67% |
| Market Cap | ₹191.79 Cr. |
The Roman Tarmat IPO is subscribed 29.67 times on June 19, 2007 5:00:00 PM (Day 6). The public issue subscribed 21.82 times in the retail category, 27.49 times in the QIB category, and 62.14 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in capital equipment | 22.90 |
| 2 | Funding long term working capital requirements | 18.00 |
| 3 | General Corporate Purposes | 6.78 |
| 4 | Meeting the issue expenses | 3.08 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹175.00 | ₹175.00 |
| Open | ₹295.00 | ₹306.25 |
| Low | ₹295.00 | ₹306.25 |
| High | ₹376.25 | ₹387.00 |
| Last Trade | ₹319.85 | ₹319.20 |
Lead Manager Reports
Roman Tarmat IPO is a main-board IPO of 29,01,507 equity shares of the face value of ₹10 aggregating up to ₹51 Crores. The issue is priced at ₹175 per share. The minimum order quantity is 40.
The IPO opens on Tue, Jun 12, 2007, and closes on Tue, Jun 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 Tue, Jun 12, 2007 and closes on Tue, Jun 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 Mon, Jul 9, 2007.
