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Rajgor Castor Derivatives Ltd

Registered Office : # 807 Titanium One,S G Highway Bodakdev,Ahmedabad Gujarat 380054 Phone : +91 9898926368
Fax :

Email : cs@rajgorcastor.com

Website : www.rajgorcastor.com

Initial public offer of 9561000 equity shares of face value of Rs. 10/- each of Rajgor Castor Derivatives Limited ("RCDL" or the "Company" or the "Issuer") for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share (the "Offer Price") aggregating to Rs. 47.81 crores ("The Offer") comprising of a fresh issue of 8895000 equity shares aggregating to Rs. 44.48 crores (the "Fresh Issue") and an offer for sale of 666000 equity shares by promoter and promoter group selling shareholder - Brijeshkumar Vasantlal Rajgor, Vasantkumar Shankarlal Rajgor, Maheshkumar Shankarlal Rajgor, Induben Vasantkumar Rajgor, Jagrutiben Pareshkumar Rajgor, Kiranben Maheshkumar Rajgor, Pareshkumar Vasudev Rajgor and Zenishaben Anilkumar Rajgor aggregating to Rs. 3.33 crores ("Offer for Sale"), of which 501000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 2.51 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 9060000 equity shares of face value of Rs. 10/- each at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 45.30 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 39.98 % and 37.88%, respectively, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Issue

Opens On

Closes On

17-Oct-2023

20-Oct-2023

Money Payable On

Application

Allotment

50.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

40.66

47.81

23.92

50.00

Beeline Capital Advisors Pvt Ltd

Projects

To meet working capital requirements

General corporate purposes

Promoted By

Brijeshkumar Vasantlal Rajgor

Vasantkumar Shankarlal Rajgor

Maheshkumar Shankarlal Rajgor

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd