Fixed Price IPO | ₹10 Cr | Listed at BSE SME | Wed, Mar 30, 2016 - Tue, Apr 5, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Mar 30, 2016
IPO Close
Tue, Apr 5, 2016
Issue Price
₹50 per share
Market Cap (Pre-IPO)
₹31.26 Cr
| IPO Date | 30 Mar to 5 Apr, 2016 |
| Listed on | Wed, Apr 13, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,01,000 shares (agg. up to ₹10 Cr) |
| Reserved for Market Maker | 1,05,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.5250 Cr) |
| Fresh Issue (Ex Market Maker) | 18,96,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 18,96,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 42,50,000 shares |
| Share Holding Post Issue | 62,51,000 shares |
| BSE Script Code | 539836 |
| ISIN | INE812T01010 |
Ruby Cables IPO comprises a total issue size of 20,01,000 shares. The net offer to the public is 18,96,000 shares, after excluding 1,05,000 shares allotted on a firm basis. Of the Net offer 9,48,000 (50.00%) allocated to NII 9,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,48,000 | 50.00% | 47.38% |
| Retail Shares Offered | 9,48,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,05,000 | 5.25% | |
| Total Shares Offered | 20,01,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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.
| 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 | Working Capital Requirement | 8.41 |
| 2 | General Corporate Purpose | 1.00 |
| 3 | Issue Expenses | 0.60 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.40 |
| 2 | Regulatory fees | 0.05 |
| 3 | Marketing and Other Expenses | 0.15 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹50.90 |
| Low | ₹49.20 |
| High | ₹50.90 |
| Last Trade | ₹50.00 |
Lead Manager Reports
Ruby Cables IPO is a SME IPO of 20,01,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on Wed, Mar 30, 2016, and closes on Tue, Apr 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 Wed, Mar 30, 2016 and closes on Tue, Apr 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 Wed, Apr 13, 2016.
