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IPO

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RNFI Services Ltd

RNFI Services Ltd

    Registered Office : UG-5 Relipay House Plot No.42,DLF Ind.Area K.Nagar WestDelhi,Delhi Delhi 110015 Phone : +91 844 898 5100
    Fax :

    Email : cs@rnfiservices.com

    Website : www.rnfiservices.com

Initial public offer of up to 67,44,000 equity shares of face value Rs. 10 each (the "Equity Shares") of RNFI Services Limited ("The Company" or the "Issuer") for cash at a price of Rs. 105 per equity share (including securities premium of Rs. 95 per equity share) ("Issue Price"), aggregating up to Rs. 70.81 crores (the "Issue") of which 3,84,000 equity shares aggregating to Rs. 4.03 crores (constituting up to 1.54% of the post-issue paid-up equity share capital of the company) will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.03 % and 25.49 % respectively of the post-issue paid-up equity share capital of the company. The Offer Price is Rs. 105 per equity share of face value of Rs. 10 each. The Offer price is 10.50 times of the face value. Bid can be made for a minimum of 1200 equity share and in multiples of 1200 equity share thereafter.

Issue

Opens On

Closes On

22-Jul-2024

24-Jul-2024

Money Payable On

Application

Allotment

105.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

70.81

24.95

105.00

Choice Capital Advisors Pvt Ltd

Projects
  • Funding the working capital requirements of the company
  • Funding capital expenditure requirements for the purchase of Micro ATMs/Laptop/Server
  • Strengthening its technology infrastructure to develop new capabilities
  • Achieving inorganic growth through unidentified acquisition and other strategic initiatives
  • General corporate purposes
Promoted By
  • Ranveer Khyaliya
  • Nitesh Kumar Sharma
  • Simran Singh Pvt Trust
Listing At
  • NSE - SME
Registrar to the Issue
  • Skyline Financial Services Pvt