Renny Strips IPO
RSTPL
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
About Renny Strips Ltd IPO
Renny Strips Ltd. has filed its DRHP with SEBI to raise funds through a Book Building IPO comprising a fresh issue of ?300 crore and an offer for sale of up to 1.20 crore equity shares. The issue is proposed to be listed on BSE and NSE. Proceeds from the fresh issue will be used for capacity expansion, setting up a new manufacturing unit, upgradation of existing units, repaymen
Renny Strips IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
Renny Strips IPO Strengths & Weaknesses
Vertically integrated manufacturing across billets,coils, pipes, scaffolding and formwork improves cost efficiency.
Three manufacturing units located in close proximity enhance operational flexibility and logistics efficiency.
Diversified product portfolio catering to automotive, engineering,
Strong improvement in profitability with PAT growth of 71% in FY25.
In-house engineering and design capabilities support value-added scaffolding and formwork solutions.
Renny Strips IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 24,00,000 shares of ₹5 (aggregating up to ₹1,20,00,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Renny Strips IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Renny Strips ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Renny Strips IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Renny Strips IPO Contact & Registrar Details
Contact Details
Address
Khasra No 34//6/2 (0-8)-7 (8-0)-9, Khata No 121/127, Lakhowal Road, Kohara, Ludhiana
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Pantomath Capital Advisors Pvt.Ltd. |