
Capital Goods / Construction Materials · BSE
Rhetan TMT Limited, incorporated in 1984, is a manufacturer of TMT Bars and Round Bars used mainly in the construction industry. The company’s plant, located in Gujarat and spread over 15,000 sq. yards, produces products that have been utilized in the construction of dams, bridges, residential and commercial towers, and other major infrastructure projects in the state.
Price Band
₹70
Issue Size
₹56.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹70
at current GMP
Subscribed
1.47x
overall
Open
22 Aug 2022
Close
25 Aug 2022
Allotment
1 Sep 2022
Refund
2 Sep 2022
Demat Credit
3 Sep 2022
Listing
5 Sep 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹70
Band: ₹70
Estimated Listing Price
₹70
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,40,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹70 |
| 30 Oct 2026 | — | 0.0% | ₹70 |
| 29 Oct 2026 | — | 0.0% | ₹70 |
GMP is unofficial market data. Not a guarantee of listing performance.
Rhetan TMT Limited is bringing an initial public offering (IPO) in the Capital Goods / Construction Materials sector with an aggregate issue size of ₹56 Crores. The shares are offered at a price band of ₹70 to ₹70 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-03, while un-allotted funds or UPI block mandates will be released on 2022-09-02.
The latest grey market premium for Rhetan TMT Limited IPO is ₹0, which indicates an expected listing price of ₹70.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.