Ratnabhumi Developers Limited IPO

Add to Calendar 2017-12-04 12:00 AM 2017-12-06 12:00 AM Asia/Kolkata Ratnabhumi Developers Limited IPO Ratnabhumi Developers Limited IPO India


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:




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







Total Assets






Total Revenue






Profit After Tax (PAT)







Issue Detail

  • Issue Open: Dec 04, 2017
  • Issue Close: Dec 06, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 63 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 23.31 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 1,850,000 1,850,000 - - 3,700,000
Day 1 - Dec 04, 2017IST - 320,000 22,000 - - 342,000
Day 2 - Dec 05, 2017IST - 320,000 34,000 - - 354,000
Day 3 - Dec 06, 2017IST - 4,086,000 1,208,000 - - 5,294,000

Listing Day Trading Information

Issue Price Rs 63.00 -
Open Rs 63.45 -
Low Rs 63.00 -
High Rs 64.90 -
Last Trade Rs 63.55 -
Volume 1,410,000 -

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