RBM Infracon SME IPO Date, GMP, Price, Review, Allotment

RBM Infracon Limited is primarily engaged in engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc.

Its key business services include Fabrication & Erection of structural work, Fabrication & Erection of Piping, ARC maintenance, Turnaround, blasting & painting, Insulation and Refractory, Electrical and Instrumentation, NDT services, and others.

The firm provides services at different plants like CDU-VDU, DHDS, NHT-CCR, HMU-I & II, CPP, DCU, Rail and Jetty and is also involved in ARC maintenance jobs in RIL-Jamnagar and YARA-Babrala. It has successfully executed 14 Turnaround Shutdowns at Reliance Industries Ltd (RIL), Nayara Energy, and Yara Fertilisers.

As on Sep 6, 2022, it has an order book value of Rs 121 Crores, and recently, it has received a new order worth Rs 200 Crores from Malco Energy Ltd for operations & maintenance of the Metcoke Manufacturing Plant.

Strengths

• Strong project execution capabilities.
• Experienced management team.
• High growth opportunities in the infrastructure sector.

RBM Infracon SME IPO Date & Price Band.

RBM Infracon SME IPO Market Lot

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Shares: Minimum 3000 shares

Minimum Amount: ₹108,000

Maximum Amount: ₹108,000

RBM Infracon SME IPO Allotment & Listing:

• Basis of Allotment: Dec 30, 2022
• Refunds: Jan 2, 2022
• Credit to Demat accounts: Jan 3, 2022