Ratnabhumi Developers Limited IPO

Ratnabhumi Developers Limited IPO

Issue Open

Dec 04, 2017

Price Band

₹ 63

Issue Size

₹ 23.31 Cr

Credit of Shares to Demat

-

Issue Close

Dec 06, 2017

Bid Lot

2000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

2000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Dec 14, 2017

Refunds

-

About the company:

 

Ratnabhumi Developers Limited is involved in the development of real estate projects. The company completed the project – Ratna Torquoise in 2012.

 

Date of establishment: Ratnabhumi Developers was established in 2006.  

 

Product & Service Offering: Ratnabhumi Developers is engaged in four business verticals – Revenue from commercial projects, Trading in plot of land, Rental income and Investment in residential scheme. The company offers sale and marketing of commercial offices.

 

Promoters of Ratnabhumi Developers Ltd.: The promoters of the firm are Mr. Kaivan Shah and Mrs. Meghna Shah.

 

Customer segment: The company offers its services to corporate clients.

 

Objects of the Issue:

 

The objects of the issue are:
-      Acquisition of land
-      Capital contribution towards Rahul Project LLP
-      General corporate purposes
-      Issue related expenses

Company Financials:

 

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

1442.18

2001.80

1674.06

2014.85

2927.85

Total Revenue

981.38

775.81

756.04

630.36

634.15

Profit After Tax (PAT)

135.02

158.64

108.99

31.18

120.53

 

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