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Relicab Cable Manufacturing Ltd IPO (Relicab Cable IPO) Detail

March 9, 2016 - March 14, 2016

Relicab Cable IPO is a fixed price issue of Rs 0.32 crores.

Relicab Cable IPO bidding started from March 9, 2016 and ended on March 14, 2016. The shares got listed on BSE SME on March 22, 2016.

Relicab Cable IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Aryaman Financial Services Limited is the book running lead manager of the Relicab Cable IPO, while Sharex Dynamic (India) Pvt Ltd is the registrar for the issue.

Refer to Relicab Cable IPO RHP for detailed information.

Relicab Cable IPO Details

IPO Date March 9, 2016 to March 14, 2016
Listing Date March 22, 2016
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Total Issue Size1,608,000 shares
(aggregating up to ₹0.32 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue2,974,530
Share holding post issue4,582,530

Relicab Cable IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000
Lot Size Calculator

About Relicab Cable Manufacturing Ltd

Incorporated in 2009, Relicab Cable Manufacturing Ltd is engaged in the business of manufacturing and marketing of PVC Compounds and Wires and Cables.

Relicab manufacture wires and cables to provide cost-effective and quality solutions for various electrical connectivity requirements, mainly for the industrial segments. Relicab accomplish this through customised design and development, continuous research & development initiatives, quality manufacturing and reliable delivery of all varieties of cables. Relicab are involved in manufacturing a complete array of wires and cables that are used in diverse sectors encompassing virtually all industries like telecom, electrical, automotive and household appliances and the new field of wind energy.

Our product range includes a wide range of wires and cables including armored / unarmored and single core as well as multi core flexible cables, control & power cables, instrumentation cables etc. using high quality copper wires in HR, FR, FRLS, ZHFR forms and other raw materials. Our Company has as part of its backward integration initiative; an in-house PVC Compound manufacturing facility which supplies compound raw material for our Wires and Cables manufacturing business as well as being sold directly as finished goods to other users of PVC Compound. Relicab offer all types of PVC Compounds i.e. Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches.

Objects of the Issue (Relicab Cable IPO Objectives)

The Objects of the Issue are to raise funds for:

1. Technological modifications and certain augmentations in the factory
2. Long Term Working Capital
3. Refundable Security Deposit for Factory Premises
4. General Corporate Purposes

Relicab Cable IPO Review (Avoid)

[Dilip Davda]  

Issue is priced aggressively and the track record is not supporting. There is no harm in giving it a miss.

Read detail review...

Relicab Cable IPO Prospectus

Relicab Cable IPO Rating

11
2.6
Rating:Rated 2.6 stars
Vote Here ...

Relicab Cable IPO Listing Details

Listing Date March 22, 2016
BSE Script Code 539760
NSE Symbol
ISIN INE773T01014
Final Issue Price ₹20 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹20.00
₹20.00
₹20.50
₹20.35

Check IPO Performance…

Relicab Cable Manufacturing Ltd Contact Details

Relicab Cable Manufacturing Ltd
57/1, (4-B) Benslore Industrial Estate,
Village Dunetha, Nani Daman,
Daman - 396 210
Phone: +91 260 3255493
Email: investor.relicab@gmail.com
Website: http://www.relicab.com/

Relicab Cable IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606
Email: shareindia@vsnl.com
Website:

Relicab Cable IPO - Buy or Not

Relicab Cable IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Relicab Cable IPO FAQs

Relicab Cable IPO is a SME IPO of 1,608,000 equity shares of the face value of ₹10 aggregating up to ₹0.32 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on March 9, 2016, and closes on March 14, 2016.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Relicab Cable IPO opens on March 9, 2016 and closes on March 14, 2016.

Relicab Cable IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.

You can apply in Relicab Cable IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Relicab Cable IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Relicab Cable IPO allotment status.

The Relicab Cable IPO listing date is on March 22, 2016.
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Relicab Cable IPO Message Board

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4 Comments

1. RAMESH ANADA |   Link |  Bookmark |March 10, 2016 10:33:26 AM
any information about this SME
1.2. Eagleye |   Link |  Bookmark |March 12, 2016 12:48:29 AM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
in this case ... I am sure the Data uploaded by Chittorgarh is wrong ... admin please double check ..

Are you sure that:

»» Issue Size: 1,608,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 0.32 Crore

You have to reconfirm ..
1.3. Eagleye |   Link |  Bookmark |March 12, 2016 12:51:20 AM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
As per my knowledge ... the fact is ...

Present Issue of Equity Shares by the Company :
20,04,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 20 per share aggregating Rs. 400.80 lakhs