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Ruby Cables IPO is a fixed price issue of ₹10.01 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹10.01 crore.
Ruby Cables IPO bidding started from Mar 30, 2016 and ended on Apr 5, 2016. The shares got listed on BSE SME on Apr 13, 2016.
Ruby Cables IPO price is ₹50.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Ruby Cables IPO RHP for detailed Information.
| IPO Date | March 30, 2016 to April 5, 2016 |
| Listing Date | April 13, 2016 |
| Face Value | ₹10 per share |
| Issue Price Final | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 20,01,000 shares (aggregating up to ₹10.01 Cr) |
| Reserved for Market Maker | 1,05,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.5250 Cr) |
| Net Offered to Public | 18,96,000 shares (aggregating up to ₹9.48 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 42,50,000 shares |
| Share Holding Post Issue | 62,51,000 shares |
Ruby Cables IPO offers total 20,01,000 shares. Out of which 9,48,000 (47.38%) allocated to NII, 9,48,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,05,000 (5.25%) |
| NII (HNI) Shares Offered | 9,48,000 (47.38%) |
| Retail Shares Offered | 9,48,000 (47.38%) |
| Total Shares Offered | 20,01,000 (100.00%) |
Ruby Cables IPO opens on March 30, 2016, and closes on April 5, 2016.
| IPO Open Date | Wed, Mar 30, 2016 |
| IPO Close Date | Tue, Apr 5, 2016 |
| Tentative Listing Date | Wed, Apr 13, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Apr 5, 2016 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,50,000 |
| Retail (Max) | 1 | 3,000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
Incorporated in 1996, Ruby Cables Limited a manufacturer of all types of PVC/XLPE insulated LT Wires and Cables, under the brand name RU CAB. The Company also manufactures AAC, AAAC, ACSR Conductors and Aerial Bunch Cables.
Company's corporate office and existing manufacturing facility are located at village Manjusar, Vadodara.
The Company Ruby Cables IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirement | 8.41 |
| 2 | General Corporate Purpose | 1.00 |
| 3 | Issue Expenses | 0.60 |
[Dilip Davda] Only risk savvy fund surplus investors may consider parking of funds for long term. Read detail review...
| Listing Date | April 13, 2016 |
| BSE Script Code | 539836 |
| NSE Symbol | |
| ISIN | INE812T01010 |
| Final Issue Price | ₹50 per share |
| BSE Listing Group | M (Rolling) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹50.90 |
| Low | ₹49.20 |
| High | ₹50.90 |
| Last Trade | ₹50.00 |
Ruby Cables Ltd.
15, G.I.D.C
Manjusar,
Ta: SavlI
Vadodara, Gujarat, 539836
Phone: +91 (2667) 264554
Email: contact@rubycables.com
Website: http://www.rubycables.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email:
Website: https://ipostatus.kfintech.com/
Ruby Cables IPO is a SME IPO of 20,01,000 equity shares of the face value of ₹10 aggregating up to ₹10.01 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on March 30, 2016, and closes on April 5, 2016.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Ruby Cables IPO using UPI as a payment gateway. Zerodha customers can apply in Ruby Cables IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ruby Cables IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ruby Cables IPO opens on March 30, 2016 and closes on April 5, 2016.
Ruby Cables IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.
You can apply in Ruby Cables 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 Ruby Cables IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ruby Cables IPO allotment status.
The Ruby Cables IPO listing date is on Wednesday, April 13, 2016.
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