Market & News

graph-market IPO

Rajnandini Metal Ltd

Registered Office: 3E/17 B P N I T,, Faridabad - 121001, Haryana, India.
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 Money Payable On
Opens On Closes On Application Allotment
24-Sep-18 27-Sep-18 26.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 4.27 Corporate Capital Ventures Pvt Ltd
Project Financed through Current Offer 4.27  
Post Issue Equity Share Capital 6.14  
Issue Price 26.00  

Projects

  • Working Capital Requirement
  • General Corporate Purposes

Promoted By

Het Ram

Mithlesh Sharma

Listing At

NSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh