IPO Issue Details
Issue Price / Price Band₹64 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size100 Shares per Lot
Total Issue Size1,15,00,000 shares (aggregating up to ₹73.60 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 08 Dec 2010
Subscription CloseFri, 10 Dec 2010
Anchor AllotmentTue, 07 Dec 2010
Basis of AllotmentThu, 16 Dec 2010
Initiation of RefundsFri, 17 Dec 2010
Credit of Shares to DematFri, 17 Dec 2010
Listing DateMon, 27 Dec 2010
UPI Mandate Deadline2010-12-10
Application & Investment Details
Retail — Min (1 Lots)₹6,400 — 100 shares
Retail — Max (13 Lots)₹83,200 (13 Lots)
HNI — Min (32 Lots)₹2,04,800 — 3,200 shares
Pre-IPO Promoter Holding1,25,00,000 shares
Post-IPO Promoter Holding2,40,00,000 shares
About Ravikumar Distilleries Ltd.
Incorported in 1993, Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products. Company markets its brands mainly in the south Indian region covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union territory of Pondicherry.The company's mother plant is located in Puducherry. The Factory has a capacity to produce 1.43 million cases per annum. RKDL has also entered into tie-ups with CGEVF France for production of Brandy and with JBB (Greater Europe) Plc for the production of Scotch Whisky. RKDL is also having tie-up arrangement with various leading liquors companies of India like Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd.and Mondovi Distilleries & Breweries Pvt. Ltd.Company's popular brands are 8 PM Rare Whisky, White field Brandy, Radico Gold VSOP Brand, 8PM Excellency Brandy, Brihans Grape VSOP Brand, 8PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy and Mens Choice Fine Whisky.
Objects of the Issue
Ravikumar Distilleries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Expansion in the unit by increase in existing capacity and installation of Re-distillation plant
11.22
2
2 To part –finance the marketing and corporate branding expenses
3.00
3
3 To part-finance incremental working capital requirements
33.97
4
4 To part –finance the general corporate Expenses
21.91
5
5 To meet the expenses of the Issue
3.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,25,00,000 shares
Post-IPO Promoter Holding
2,40,00,000 shares