• SENSEX 78,553.20
    1,508.91 (+1.96%)
  • BANKNIFTY 54,290.20
    1,172.45 (+2.21%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Rajnandini Metal Ltd

Rajnandini Metal Ltd

    Registered Office : 3E/17 B P N I T,,Faridabad Haryana 121001 Phone : 91-0129-4074043
    Fax :

    Email : info@rajnandinimetal.com

    Website : www.rajnandinimetal.com

Public issue of 16,44,000 equity shares of face value of Rs.10 each fully paid up of Rajnandini Metal Limited ("rajnandini" or the "company" or the "issuer") for cash at a price of Rs.26 per equity share (the "issue price") (including a share premium of Rs.16 per equity share aggregating Rs.4.27 Crores (the "issue") by the company, of which 84,000 equity shares of Rs. 26 fully paid up each will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 15,60,000 equity shares of Rs.26 each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.76 % and 25.39 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 the issue price is Rs.26 the issue price is 2.6 times the face value

Issue

Opens On

Closes On

24-Sep-2018

27-Sep-2018

Money Payable On

Application

Allotment

26.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

4.27

4.27

6.14

26.00

Corporate Capital Ventures Pvt Ltd

Projects
  • Working Capital Requirement
  • General Corporate Purposes
Promoted By
  • Het Ram
  • Mithlesh Sharma
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd