IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size16,08,000 shares (aggregating up to ₹3.22 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 09 Mar 2016
Subscription CloseMon, 14 Mar 2016
Anchor AllotmentTue, 08 Mar 2016
Basis of AllotmentSun, 20 Mar 2016
Initiation of RefundsMon, 21 Mar 2016
Credit of Shares to DematMon, 21 Mar 2016
Listing DateTue, 22 Mar 2016
UPI Mandate Deadline2016-03-14
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public15,12,000 shares (aggregating up to ₹3.02 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.1920 Cr)
Pre-IPO Promoter Holding29,74,530 shares
Post-IPO Promoter Holding45,82,530 shares
About Relicab Cable Manufacturing Ltd.
Incorporated in 2009, Relicab Cable Manufacturing Ltd is engaged in the business of manufacturing and marketing of PVC Compounds and Wires and Cables.Relicab manufacture wires and cables to provide cost-effective and quality solutions for various electrical connectivity requirements, mainly for the industrial segments. Relicab accomplish this through customised design and development, continuous research & development initiatives, quality manufacturing and reliable delivery of all varieties of cables. Relicab are involved in manufacturing a complete array of wires and cables that are used in diverse sectors encompassing virtually all industries like telecom, electrical, automotive and household appliances and the new field of wind energy.Our product range includes a wide range of wires and cables including armored / unarmored and single core as well as multi core flexible cables, control & power cables, instrumentation cables etc. using high quality copper wires in HR, FR, FRLS, ZHFR forms and other raw materials. Our Company has as part of its backward integration initiative; an in-house PVC Compound manufacturing facility which supplies compound raw material for our Wires and Cables manufacturing business as well as being sold directly as finished goods to other users of PVC Compound. Relicab offer all types of PVC Compounds i.e. Insulation, Sheathing, Inner sheath, HR, FR, FRLS & Master batches.
Objects of the Issue
Relicab Cable Manufacturing Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Technological modifications andcertain augmentations in the factory
0.35
2
2 Long Term Working Capital
1.66
3
3 Refundable Security Deposit for Factory Premises
0.50
4
4 Funding expenditure for General Corporate Purposes
0.25
Shareholding & Lock-in
Pre-IPO Promoter Holding
29,74,530 shares
Post-IPO Promoter Holding
45,82,530 shares