IPO Issue Details
Issue Price / Price Band₹79 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size80 Shares per Lot
Total Issue Size45,00,000 shares (aggregating up to ₹35.55 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 21 Sep 2011
Subscription CloseFri, 23 Sep 2011
Anchor AllotmentTue, 20 Sep 2011
Basis of AllotmentThu, 29 Sep 2011
Initiation of RefundsFri, 30 Sep 2011
Credit of Shares to DematFri, 30 Sep 2011
Listing DateFri, 07 Oct 2011
UPI Mandate Deadline2011-09-23
Application & Investment Details
Retail — Min (1 Lots)₹6,320 — 80 shares
Retail — Max (13 Lots)₹82,160 (13 Lots)
HNI — Min (32 Lots)₹2,02,240 — 2,560 shares
Pre-IPO Promoter Holding1,32,14,800 shares
Post-IPO Promoter Holding1,77,14,800 shares
About RDB Rasayans Ltd.
Incorporated in 1995, RDB Rasayans Ltd, an ISO 9001:2008 certified organization, engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, etc. PP sacks are mainly used for packing the different products in the fertilizers, cement, polymers, chemicals, textiles, machinery, automobiles and steel industry etc.RDB Rasayans produces FIBCs of U+2 panel, Circular Jumbo bags, Baffle bags, All panel bags, Conductive FIBC and Static dissipative FIBCs. In addition to FIBC, the Company also manufactures various woven polypropylene products including Small bags, Box woven bags, Roofing underlayment fabric, Courier bags, Ground covers, Silt fence and Geotextiles. The Company offers woven bags and fabrics in both PP and HDPE. Its products are UV stabilized and pre-conditioned against shrinkage.
Objects of the Issue
RDB Rasayans Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To finance the capital expenditure to enhance the manufacturing capacity by 7450 MTPA by establishing the Unit -II
27.81
2
2 General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,32,14,800 shares
Post-IPO Promoter Holding
1,77,14,800 shares