IPO

DETAILS

SME

Published : 20 Dec 2022

Open Date

23 Dec 2022

27 Dec 2022

3000

₹ 8.37 Cr

Close Date

Lot Size

IPO Size

Listing At

NSE SME

Listing Date

4 Jan 2023

Price Range

₹ 36 per share 

RBM Infracon is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers. 

The 8.37 crore RBM Infracon IPO issue comprises of fresh issue of 23,25,000 equity shares.

The net proceeds from the issue will be used for: • Meet working capital requirements. • General corporate purposes. • Meet public issue expenses.

The RBM Infracon IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000). 

The RBM Infracon IPO allotment date is set for 30th December

RBM Infracon is promoted by Mr. Jaybajrang Ramaishish Mani.

Beeline Capital Advisors Pvt. Ltd. is the book running lead managers to the issue.