Ranjeet Mechatronics Limited IPO
(A) Company’s Background
(i) In the year 1949, Late Shree Vallabbhai B. Swadia, father of one of the Promoters Mr. Rakesh V. Swadia, established a firm called M/s. Ranjeet Electric and Engineering Corporation. The firm was basically authorized dealer of electric motor pumps and related spares. Mr. Rakesh Swadia joined the business of his father at an early age and started understanding the business gimmicks.
(ii) Later on, the firm tied up with Kirloskar Brothers Limited and became the authorized dealer of various electric products especially electric motors pump sets and spares and also tied up with Kirloskar Oil Engines Limited.
(iii) In the year 1993, Late Vallabhbhai Swadia along with his wife, Late Mrs. Shantaben Vallabhbhai Swadia and Mr. Indukant V. Swadia incorporated the company – Ranjeet Electric Private Limited (“REPL”) at Ahmedabad. The company was incorporated with the main object to carry on the business of electrical and electrical mechanical engineers and sell supply, establish, fix and carry out and deal in industrial pumps, diesel engines, electrical motors, and equipment etc.
(B) Today Ranjeet Mechatronics Limited is a Fastest Growing System Integrator And Turnkey Project Contractor For Fire Protection And Detection Systems, Electronic Security & Automation Solution Provider Company With Pan India Presence.
(C) Products and Services of the Company
(i) High-Velocity Water Spray Systems (H. V. W. S. Systems).
(ii) Fire Hydrant System.
(iii) Fire Extinguishers System.
(iv) Fire Sprinkler System.
(v) Fire Detection System.
(vi) Gas Suppression System.
(vii) PA System & CCTV System.
(viii) Medium Velocity Water Spray Systems (M. V. W. S. Systems)
Objects of the Ranjeet Mechatronics Limited IPO:
Ranjeet Mechatronics Limited IPO Details:
|Open Date:||Sep 12 2018|
|Close Date:||Sep 17 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||4.5 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 25 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 26 2018|
Promoters And Management:
Recommendation on Ranjeet Mechatronics Limited IPO:
Lead Manager of Ranjeet Mechatronics Limited IPO:
Registrar of Ranjeet Mechatronics Limited IPO:
Bid Details of Ranjeet Mechatronics Limited IPO as on
17 Sep 2018 | 11:58:02 PM
|Category||No.of shares offered||No. of shares bid|