Rajnandini Metal Limited IPO (Rajnandini Metal IPO) Detail

Rajnandini Metal Limited

Rajnandini Metal Limited IPO (Rajnandini Metal IPO) Detail

ABOUT THE COMPANY:

Rajnandini Metal Limited was incorporated on dated March 18, 2010 in NCT of Delhi and Haryana The Company work as a crucial business interface, networking between manufacturers/ processors/yards and consumers/traders across the country. and the company pursue business based on quality contacts, information and service.

Rajnandini Metal Ltd is in business of trading of scrap of all types of ferrous and Non ferrous Metals such as Copper Wires, ingot scrap, and other related items used in various electrical and industrial applications.

Company operates as an important intermediary in the Metals Supply Chain whereby they purchase materials such as Annealed/Un-Annealed Copper Wires, Copper Wires, Brass Scrap, Aluminium ingot, Zinc ingot etc. from various suppliers and supply the same to customers in the Metal Business.

The company’s business model is based on B2B model wherein the company sells the scrap to the business enterprises who further transform the scrap in to finished product as per their requirements. The company operates three warehouses in Daulatpur, New Delhi; NIT Faridabad; and LIbaspur, New Delhi.

Company’s Product Range Includes:

  1. COPPER SCRAP.
  2. ALUMINUM SCRAP.
  3. BRASS SCRAP.
  4. ZINC INGOT.

The company has 11 employees on its payroll.

Promoters And Management of Rajnandini Metal Limited :

(1)Mr. Het Ram, aged 38 years, is the Promoter & Managing Director of our Company. He has done Bachelor of Arts from Kurukshetra University.

(2)Mrs. Mithlesh Sharma, aged 40 years, is the Promoter & Director of Our Company. She has done Bachelor of Arts from Kurukshetra University.

Financials of Rajnandini Metal Limited IPO:

(in Crores) FY 13 FY 14 FY 15 FY 16 FY 17 FY 18
Revenue 90.10 104.37 109.83 136.54 127.30 141.15
Net Profit 0.39 0.40 0.55 0.31 0.55 0.94

Objects of the Rajnandini Metal Limited IPO:

  1. To meet out the Working Capital requirements of the Company.
  2. General Corporate Purposes.
  3. Issue Expenses

Rajnandini Metal Limited IPO Details:

Details Info
Issue Opens on 24th September 2018
Issue Closes on:. 24th September 2018
Issue Price Rs.26
Face Value Rs.10
Minimum Lot 4000 Shares
Minimum Investment Rs.1,04,000
Issue Constitutes 26.76%
Issue Size Rs.4.27 cr
Market Cap Rs.15.97 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 16,44,000
Equity Shares Prior to the Issue 45,00,000
Equity Shares after the Issue 61,44,000

Check IPO Allotment Status:

Bigshare Services Pvt. Ltd

Company Contact Information:

Rajnandini Metal Limited
3E/17 B.P. N.I.T
Faridabad
Haryana-121001
Phone: 0129-4074043
Fax:
Email: info@rajnandinimetal.com
Website: http://www.rajnandinimetal.com/

Rajnandini Metal IPO Registrar

Bigshare Services Pvt. Ltd
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai – 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Rajnandini Metal IPO Lead Manager:

Corporate CapitalVentures Pvt Ltd
160, Lower Ground Floor, Vinoba Puri,
Lajpat Nagar – II,
New Delhi 110 024

Website:  http://ccvindia.com/
Email:  info@ccvindia.com
Phone: +91 11 4170 4066

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