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RKEC Projects Ltd IPO (RKEC Projects IPO) Detail

September 25, 2017 - September 28, 2017

RKEC Projects IPO is a fixed price issue of Rs 28.70 crores.

RKEC Projects IPO bidding started from September 25, 2017 and ended on September 28, 2017. The shares got listed on NSE SME on October 9, 2017.

RKEC Projects IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.

Hem Securities Limited is the book running lead manager of the RKEC Projects IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to RKEC Projects IPO RHP for detailed information.

RKEC Projects IPO Details

IPO Date September 25, 2017 to September 28, 2017
Listing Date October 9, 2017
Face Value ₹10 per share
Price ₹45 per share
Lot Size 3000 Shares
Total Issue Size6,378,000 shares
(aggregating up to ₹28.70 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue19,312,600
Share holding post issue23,990,600

RKEC Projects IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000
Lot Size Calculator

About RKEC Projects Ltd

Incorporated in 2005, RKEC Projects Limited operates as an infrastructure civil engineering construction company in India. They are mainly engaged in the business of Civil Construction such as construction of Highways, roads and bridges. The company involved in designing and undertaking construction projects which include bridges, ports, dams, high-rise structures, airports, cross water, roads, highways, oil and gas pipelines, and environmental structures.

They have completed projects for diverse range of clients including Defence sector, Railways, Ports, Adani Port, Vedanta Ltd, IVRCL Limited, Rashtriya Ispat Nigam Limited and ESSAR.

Objects of the Issue (RKEC Projects IPO Objectives)

The object of the issue are:

1. To meet working capital requirement
2. General corporate purpose

RKEC Projects IPO Review (Apply)

[Dilip Davda]  Investors may consider investment for short to long term in RKEC Projects NSE SME IPO. Read detail review...


RKEC Projects IPO Subscription Status (Bidding Detail)

The RKEC Projects IPO is subscribed times on September 28, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

RKEC Projects IPO Prospectus

RKEC Projects IPO Rating

100
3.8
Rating:Rated 3.8 stars
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RKEC Projects IPO Listing Details

Listing Date October 9, 2017
BSE Script Code
NSE Symbol RKEC
ISIN INE786W01010
Final Issue Price ₹45 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹45.00
₹54.00
₹54.00
₹54.00
₹54.00

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RKEC Projects Ltd Contact Details

RKEC Projects Ltd
Door No.10-12-1 Rednam Alcazar,
Old Jail Road Rednam Gardens,
Visakhapatnam - 530020
Phone: +91-891-2574517
Email: info@rkecprojects.com
Website: http://www.rkecprojects.com

RKEC Projects IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

RKEC Projects IPO - Buy or Not

RKEC Projects IPO Recommendation Summary

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Members 0 0 0

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RKEC Projects IPO FAQs

RKEC Projects IPO is a SME IPO of 6,378,000 equity shares of the face value of ₹10 aggregating up to ₹28.70 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on September 25, 2017, and closes on September 28, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The RKEC Projects IPO opens on September 25, 2017 and closes on September 28, 2017.

RKEC Projects IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.

You can apply in RKEC Projects 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 RKEC Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RKEC Projects IPO allotment status.

The RKEC Projects IPO listing date is on October 9, 2017.
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RKEC Projects IPO Message Board

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174 Comments

101. pradkumc |   Link |  Bookmark |October 27, 2017 2:05:06 PM
I am not able to trade in SME share via ICICI Direct. Can some one help me
101.2. Rkgdaya |   Link |  Bookmark |November 3, 2017 9:24:20 AM
I will help you in trading SME.. Contact me on 8800788515
101.3. Huzefa |   Link |  Bookmark |November 3, 2017 10:01:40 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
You can call ICICIDirect customer to place order.
100. ayushgoel |   Link |  Bookmark |October 25, 2017 1:26:19 AM
Sell RKEC, No further gain expected
99. HIRDESH |   Link |  Bookmark |October 22, 2017 2:15:58 PM
I am having icicidirect account and India bul account how can I apply this ipo
98. HIRDESH |   Link |  Bookmark |October 22, 2017 2:12:28 PM
I am having icicidirect account and India bul account how can I apply this ipo
97. niraj pathak |   Link |  Bookmark |October 16, 2017 3:27:31 PM
RKECH PRO LTD I HAVE 1 LOT PLS TELL FOR TARGET TO SELL
96. Hexadecimal |   Link |  Bookmark |October 15, 2017 11:04:05 PM
RKEC Project has not taken rest since listing, circuit to circuit. The scrip has still enormous steam left keeping in view the sector and fundamental. Please seat tight for 1 month and reap the benefit. The weak hand or strategic hand already booked the profit and share is now in strong hand and in the hand of market maker. Be ready for 103.45 tomorrow.
95. LoneRanger |   Link |  Bookmark |October 13, 2017 10:31:35 AM (200+ Posts, 200+ Likes)
Luckily I had got allotted 2 lots.
Sold 1 today at 94, I thought it as a good level to book profit.
Holding 1 for higher target as UC are still continuing.
95.2. bhanu prasanth |   Link |  Bookmark |October 13, 2017 3:30:22 PM
I also sold my 1 lot @ 93.95.
95.3. Umang & his ultrasonic uproar |   Link |  Bookmark |October 15, 2017 10:27:52 PM
@loneranger, attractive SME is not coming up this month, sheetal is not convincing. I will wait for upcoming promising SME.
By the way I hold cadsys 4 lots, which is late mover but now it is giving fantastic return. I have not booked profit yet. Planning to book profit in 1 lot next week.
94. mahesh padsala |   Link |  Bookmark |October 13, 2017 4:33:03 PM
i m buying 2 lot at 92.20.
93. UMESH GUPTA |   Link |  Bookmark |October 12, 2017 7:46:18 PM
sell this other wise big loser.fair price in between 75-85
92. Parth R Patel |   Link |  Bookmark |October 12, 2017 11:02:59 AM
RKEC Project SME IPO HOLD
strong fundamental company it gives 4 days UC circuit probably also gives the 2 days UC Circuit movement

It strikes on Friday probably rate is 93.50
Who have Allotment RKEC Project SME IPO do not sell it s daily limit 20 %
Plus everyday 20 % reach upto 110 to 120 after decide to sell

If you want to gain profit wait upto some day it reach upto. 110 to 120
Double your money wait...
92.1. priya modi |   Link |  Bookmark |October 23, 2017 4:14:19 PM
hello mr parth r patel ..plz suggest for rkec stock for now..its going down.
91. LoneRanger |   Link |  Bookmark |October 11, 2017 10:37:31 AM (200+ Posts, 200+ Likes)
UC broken today and some 27 lakhs shares have been traded.
So most of the people who got allotment have sold their lot.
Now the stock is in hands of new entrant and fresh upmove will take it to levels of 90+.
I haven''t sold my alloted shares, holding as I believe this is a very good company.
91.3. bhanu prasanth |   Link |  Bookmark |October 11, 2017 4:33:48 PM
Hi LoneRanger,

You seems to be very lucky.
I applied in lot of SME IPOs till date, but got allotment in very few.

To get more chances of allotment, I apply in NII category with multiple lot single application.
Still I rarely get allotment.

One of that rare occasion is RKEC
91.4. LoneRanger |   Link |  Bookmark |October 11, 2017 7:48:36 PM (200+ Posts, 200+ Likes)
@Bhanu,
Allotment is luck, I agree with that.
90. Vivek SP |   Link |  Bookmark |October 11, 2017 5:17:19 PM
Do ICICI Direct allow IPO SME trading?
Problem in buying RKEC..
89. Parth R Patel |   Link |  Bookmark |October 11, 2017 4:07:50 PM
RKEC Project SME IPO HOLD
strong fundamental company it gives 3 days UC circuit probably also gives the 2 days UC Circuit movement

It strikes on Thursday probably rate is 93.30
Who have Allotment RKEC Project SME IPO do not sell it s daily limit 20 %
Plus everyday 20 % reach upto 110 to 120 after decide to sell

If you want to gain profit wait upto some day it reach upto. 110 to 120
Double your money wait...
88. Umang & his ultrasonic uproar |   Link |  Bookmark |October 11, 2017 3:35:56 PM
Best performer in recently listed bunch of sme''s. After worth, Rkec has given good returns to investors. I think it will surpass worth, in terms of return & might challenge lexus.
87. bhanu prasanth |   Link |  Bookmark |October 11, 2017 12:37:03 PM
Only 5.01 L shared are in buy order book @ 77.75 today.
And 34.29 L are traded today!
Guess lot of bulk booking might have happened today.

I am guessing it will be available for buy from tomorrow onwards.
86. The Rockstar |   Link |  Bookmark |October 11, 2017 9:07:30 AM
Industry PE average is 35 it is trading at meagre PE of 6-8 So it is available at cheap valuations
That''s why broker suggesting buy below 100
85. The Rockstar |   Link |  Bookmark |October 11, 2017 9:04:02 AM
UC 100% Today
Potential for Min.2-3 UC possible......
45Lakhs share in the order book yesterday
If Lexus,VSCl,Shrenik etc.can give returns of more than 150% ....RKEC is much better with respect to the fundamentals......
Order book: 600 Crore
FY17 Revenue: 200 Crore
PAT : 13 Crores
CAGR of 60%
Look at is Clients Essar,IVRCletc.
This is rare in SME IPO''s
84. PATINA |   Link |  Bookmark |October 10, 2017 9:35:23 PM
Sure ...will see one more UC tommorow..Hold on tightly till 95 levels..without any questing of thinking!
84.1. Sudha |   Link |  Bookmark |October 11, 2017 1:32:29 AM
Tomorrow it will be available for trade.....
83. MAMU |   Link |  Bookmark |October 10, 2017 5:31:23 PM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
From Tomorrow it will tradable as my view after seeing many listing like lexus, worth and focus.
Yesterday 4.5 lacs buyers in off session 3:40 to 4:00 pm
Where today only 2.5 lacs arround may be tomorrow we can see buyer circuit but one can book profit on higher price.
82. PATINA |   Link |  Bookmark |October 10, 2017 4:57:53 PM
Only 2.43 lak volume traded on day 2 of listing..huge demand .We can see more than 2 more upper circuit limits in the coming trading sessions.. Hold it till 95 levels