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Rakesh Retails Ltd

Registered Office : 2162-T22 Patel Nagar Main Rd,Patel Nagar West Central Delhi,New Delhi Delhi 110008 Phone : 011-4801 8430
Fax :

Email : investors@rakeshretails.in

Website : https://rakeshretails.in/

Initial public offer of upto 40,20,000 equity shares of face value of Rs. 10/- each of Rakesh Retails Limited (the "Company" or the "Offeror ") at an offer price of Rs. [*] per equity share ( including a share premium of Rs. [*] per equity share) for cash, aggregating upto Rs. [*] Crores ("Public Offer") comprising of a fresh issue upto 33,70,000 equity shares aggregating to Rs. [*] /- Crores (the "Fresh Issue") and an offer for sale of upto 3,72,000 equity shares by Rakesh Kumar Verma ("the promoter selling shareholders"), upto 1,19,000 equity shares by sourav choudhary ("the Public Selling Shareholders"), upto 80,000 equity shares by comercinate enterprises private limited ("the Public Selling Shareholders"), upto 54,000 equity shares by prakash gourisankar jhunjhunwal a ("the Public Selling Shareholders") and upto 25,000 equity shares by technopolis innovation llp ("the Public Selling Shareholders") ("Offer for Sale") aggregating upto Rs. [*]/- Crores, out of which [*] equity shares of face value of Rs. 10/- each at an offer price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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 [*] equity shares of face value of Rs. 10/- each at an offer price of Rs. [*] /- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] Crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute [*] % and [*] %, respectively, of the post offer paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹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

Fintellectual Corporate Advisors Pvt Ltd

Projects

Expenditure for lease/ rent payments for the proposed new stores.

?To meet working capital requirement towards minimum level of display inventory for the Proposed New Stores.

Implementation of Enterprise Resource Planning (ERP) software

General corporate purposes and unidentified inorganic acquisition

Promoted By

Manju Verma

Rakesh Kumar Verma

Mohit Verma

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd