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Rajputana Industries Ltd
Registered Office:
F-269-B Road No 13,VKIA, Jaipur - 302013, Rajasthan, India.
Initial public offer of upto 62,85,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Rajputana Industries Limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share), aggregating upto Rs. crores** ("The Issue"). This issue includes a reservation of up to 3,60,000 equity shares aggregating up to Rs. [*] crores (constituting up to [*] % of the post-issue paid up equity share capital of the company) for subscription by the market maker ("Market Maker Reservation Portion") up to 30,000 equity shares aggregating up to Rs. [*] crores (constituting up to [*] % of the post-issue paid up equity share capital of the company) for subscription by eligible employees ("The Employee Reservation Portion") and up to 3,00,000 equity shares aggregating up to Rs. [*] crores (constituting up to [*] % of the post-issue paid up equity share capital of the company) for subscription by the Shera Energy Limited shareholders ("The Shera Energy Limited Shareholders Reservation Portion"). The issue less market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] % respectively of the fully diluted post issue paid up equity share capital of the company. The company, in consultation with the book running lead manager, has undertyaken a pre-ipo placement of 6,00,000 equity shares for cash consideration aggregating to Rs. 2.28 crores. The size of the fresh issue as disclosed in the draft red herring prospectus, aggregating up to 68,85,000 equity shares, has been reduced by 6,00,000 equity shares pursuant to the pre-ipo placement, and accordingly, the fresh issue is for an aggregate up to 62,85,000 equity shares and the minimum issue size shall constitute at least 10% of the post-issue paid-up equity share capital of the company, in compliance with rule 19(2)(b) of the scrr. Price Band: Rs. 36 to Rs. 38 per equity share of face value of Rs. 10 each. The floor price is 3.6 times of tha face value of and tha cap price is 3.8 times of the face value. Bid can be made for a minimum of 3000 equity share and in multiples of 3000 equity share thereafter.
Issue
Opens On Closes On
30-Jul-24 01-Aug-24
Money Payable On
Application Allotment
36.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Holani Consultants Pvt Ltd
Project Financed through Current Offer () 22.63  
Post Issue Equity Share Capital () 0.00  
Issue Price () 36.00  
Projects
Funding the working capital requirement of the company
Purchase of Grid Solar Power Generating System
General corporate purposes
Promoted By
Shera Energy Ltd
Sheikh Naseem
Shivani Sheihk
Listing At
NSE - SME
Registrar to the Issue