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 Size58,00,000 shares (aggregating up to ₹5.80 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 27 Sep 2012
Subscription CloseMon, 01 Oct 2012
Anchor AllotmentWed, 26 Sep 2012
Basis of AllotmentSun, 07 Oct 2012
Initiation of RefundsMon, 08 Oct 2012
Credit of Shares to DematMon, 08 Oct 2012
Listing DateTue, 16 Oct 2012
UPI Mandate Deadline2012-10-01
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 Public30,80,000 shares (aggregating up to ₹3.08 Cr)
Reserved for Market Maker6,15,000 shares (aggregating up to ₹0.6150 Cr)
Pre-IPO Promoter Holding65,00,000 shares
Post-IPO Promoter Holding1,23,00,000 shares
About RCL Retail Ltd.
Incorporated in 2010, RCL Retail Limited is engaged in the business of trading of ready to eat snacks, fryums, bakery products, cookies, confectioneries, namkeens, chutneys, mouth-fresheners, juices, mobile food such as vada pav etc. RCL is mainly operate through their two well furnished retail stores located in Chennai.RCL Retail is planning to setting up a processing unit with the facility of processing food grains, pulses and retailing under brand name of RCL. They also plan to expand their presence in geographically by adding eight (8) retail stores in and around Chennai. At present RCL has presense in southern part of India and they are also planning to expand their business in Rajasthan, Gujarat and North India.
Objects of the Issue
RCL Retail Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of eight (8) new retail stores
0.69
2
2 Setting up a food grain processing unit
4.73
3
3 Strengthen supply chain management
0.39
4
4 General Corporate Purposes
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
65,00,000 shares
Post-IPO Promoter Holding
1,23,00,000 shares