IPO Synopsis
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Rajnandini Metal Ltd
Registered Office:
3E/17 B P N I T,,
Faridabad - 121001,
Haryana, India.
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
Bigshare Services Pvt Ltd
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