IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size37,10,000 shares (aggregating up to ₹3.71 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 28 Mar 2014
Subscription CloseFri, 04 Apr 2014
Anchor AllotmentThu, 27 Mar 2014
Basis of AllotmentThu, 10 Apr 2014
Initiation of RefundsFri, 11 Apr 2014
Credit of Shares to DematFri, 11 Apr 2014
Listing DateTue, 22 Apr 2014
UPI Mandate Deadline2014-04-04
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public35,20,000 shares (aggregating up to ₹3.52 Cr)
Reserved for Market Maker1,90,000 shares (aggregating up to ₹0.1900 Cr)
Pre-IPO Promoter Holding1,02,84,688 shares
Post-IPO Promoter Holding1,39,94,688 shares
About R&B Denims Ltd
Incorporated in 2010, R & B Denims Ltd is engaged in denim textile production and marketing. Company's products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.These are the main products manufactured under the umbrella of “R & B Denims”, along with others fancy yarn play in weft patterns in different weave designs. All of these, in various chemical and mechanical finishes. R & B Denims has a production capacity of more than 20 million meters per annum.
Objects of the Issue
R&B Denims Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Part Repayment of Term Loan-II taken from Bank of India
3.30
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,02,84,688 shares
Post-IPO Promoter Holding
1,39,94,688 shares