Radha Madhav Corp IPO
Radha Madhav Corp IPO — date, price band, lot size & details 2005
Radha Madhav Corp listed on 6 Jan 2006 at ₹28.1, 40.5% above the ₹20 issue price.
Radha Madhav Corporation makes packaging and printed products, a business it took over from three partnership firms in 2005. Its total income was Rs 18.28 crore in six months to September 2005.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 13 November.
- Open 12 Dec 2005
- Close 16 Dec 2005
- Allotment TBA
- Refund/credit TBA
- Listing 06 Jan 2006
Issue summary
The terms of the offer, as filed.
| IPO Dates | 12 to 16 Dec, 2005 |
|---|---|
| Price Band | TBA |
| Face Value | ₹10 |
| Lot Size | 300 Shares |
| Issue Size | ₹20 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 300 shares at the ₹20 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 300 | ₹6,000 |
| Retail (max) | 33 | 9,900 | ₹1,98,000 |
| S-HNI (min) | 34 | 10,200 | ₹2,04,000 |
| S-HNI (max) | 166 | 49,800 | ₹9,96,000 |
| B-HNI (min) | 167 | 50,100 | ₹10,02,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income was Rs 18.28 crore in six months to September 2005.
- 02Profit after tax was Rs 1.40 crore in six months to September 2005.
- 03Net worth rose from Rs 8.59 crore in March 2005 to Rs 14.70 crore in September 2005.
- 04It took over 3 running businesses with existing customers.
Risks · 5
- 01It was a new company, incorporated in January 2005, with limited experience of running corporate affairs.
- 02Its promoters had other ventures in a similar business, a conflict of interest; it had only 2 periods of results.
- 03It had faced power interruptions in the past, which could hit production; total assets were Rs 19.07 crore.
- 04Packaging is a competitive, low margin business; profit was Rs 0.08 crore in FY2005.
- 05Promoter group holding fell from 81.08% before the issue to 33.64% after it.
The numbers
All figures in ₹ crore, as reported in the Radha Madhav Corp offer document.
| Metric | 30 Sep 2005 | 31 Mar 2005 |
|---|---|---|
| Assets | 19.07 | 13.53 |
| Total Income | 18.28 | 2.32 |
| Profit After Tax | 1.40 | 0.08 |
| NET Worth | 14.70 | 8.59 |
| Reserves and Surplus | 7.39 | - |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Radha Madhav Corp RHP.
Where the money goes
₹50.06 Cr of the issue is earmarked to named objects.
About the company
It was set up to take over the running businesses of three partnership firms, Metro Poly Prints, Radha Madhav Industries and Mayura Industries, and makes packaging and printing products for many industries.
Its promoters also had interests in other ventures in a similar line of business, which the prospectus listed as a conflict of interest.
The IPO was Rs 20 crore and was entirely a fresh issue at Rs 20 per share, with a face value of Rs 10.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Radha Madhav Corp IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Standard Chartered Securities (India) Ltd
24 issues handledBest listing: Vivimed Labs (+87.1%). Weakest: Abhishek Mills (-14.9%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Radha Madhav Corp?
The current Grey Market Premium is ₹0.
What is the Radha Madhav Corp IPO price band?
₹20, on a face value of ₹10.
When is the allotment?
The basis of allotment is TBA, with listing on 6 January 2006.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
