Rudra Green Ship Recycling Ltd.
BSETBA
TBA
1 Shares
TBA
₹5
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
About the Company
Our Company is engaged in the business of ship recycling and sale of materials recovered from end-of-life vessels and trading of ferrous materials and steel products. Our ship recycling business involves the recycling of end-oflife vessels and recovery, processing and sale of materials contained in such vessels, while our trading business comprises the purchase and sale of ferrous materials and steel products. Through these business activities, we operate across the ship recycling and ferrous materials value chain, with the ship recycling business resulting in the recovery and sale of materials from vessels and the trading business involving the purchase and sale of ferrous materials and steel products.
Use of Proceeds
1. Funding working capital requirements of our Company; and 2. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Rudra Green Ship Recycling Ltd. Latest News
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IPO FAQs
The for the Rudra Green Ship Recycling Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Rudra Green Ship Recycling Ltd. IPO shares are proposed to be listed on BSE.
Each Rudra Green Ship Recycling Ltd. share has a of ₹5.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
- 1.Funding working capital requirements of our Company
- 2.Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Pre-apply means placing your Rudra Green Ship Recycling Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Rudra Green Ship Recycling Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Rudra Green Ship Recycling Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.