IPO Issue Details
Issue Price / Price Band₹41 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size45,72,000 shares (aggregating up to ₹18.75 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 29 Jun 2018
Subscription CloseThu, 05 Jul 2018
Anchor AllotmentThu, 28 Jun 2018
Basis of AllotmentWed, 11 Jul 2018
Initiation of RefundsThu, 12 Jul 2018
Credit of Shares to DematThu, 12 Jul 2018
Listing DateFri, 13 Jul 2018
UPI Mandate Deadline2018-07-05
Application & Investment Details
Retail — Min (1 Lots)₹1,23,000 — 3,000 shares
Retail — Max (13 Lots)₹1,599,000 (13 Lots)
HNI — Min (2 Lots)₹2,46,000 — 6,000 shares
Net Offer to Public43,41,000 shares (aggregating up to ₹17.80 Cr)
Reserved for Market Maker2,31,000 shares (aggregating up to ₹0.9471 Cr)
Pre-IPO Promoter Holding1,27,70,500 shares
Post-IPO Promoter Holding1,73,39,500 shares
About Rudrabhishek Enterprises Ltd.
Incorporated in 1992, Delhi based Rudrabhishek Enterprises Limited is a company engaged in providing integrated services in Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services.The Company is not just providing every service of its field under one roof but also providing them at every level. In other words, the Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning.REPL also provides its services to Corporate Clients. Some major Corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc.Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services.As of May 31, 2018, Company has 172 employees on its payroll.
Objects of the Issue
Rudrabhishek Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To raise funds for long term working capital requiredfor the Business of the Company.
13.54
2
2 General Corporate Purpose and
3.57
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,27,70,500 shares
Post-IPO Promoter Holding
1,73,39,500 shares