IPO/FPO Research

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India Infoline Markets IPO Prospectus synopsis

RCL Retail Ltd IPO - Prospectus Synopsis

RCL Retail Ltd  RHP
Registered Office : 84/85 Walltax Road , II Floor , Chennai - 600003 , Tamil Nadu , India.
Phone :91-44-25345283   Fax:91-44-25345275
Email :cs@rclretail.com;admin@rclretail.com   Website :www.rclretail.com

Public issue of 57,95,000 equity shares of Rs. 10/- each (Equity Shares) of RCL Retail Limited (RCL or The Company or The Issuer) for cash at a price of Rs. 10/- per share (The Issue Price), aggregating to Rs. 5.80 crores (The Issue). The issue comprises promoter's contribution of 21,05,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 2.11 crores (Promoter's Contribution) and 6,15,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 0.62 crores, which will be reserved for subscription by market makers to the issue (The Market Maker Reservation Portion) and Net Issue to the public of 30,75,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 3.08 crores (hereinafter referred to as the Net Issue). The Issue will constitute 47.11% of the post issue paid up equity share capital of the company and the net issue will constitute 25.00%, of the post issue paid up equity share capital of the company.The Face value of the equity share is Rs. 10/- each and the issue price is 1 (One) time or at par of the face value.


Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-12 01-Oct-12 Rs 10.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 10000   Further Multiples of : 10000

  Rs Cr Lead Managers to the Issue
Project Cost 7.31
Guiness Merchant Bankers Pvt Ltd
Project Financed through Current Offer 5.80  
Post Issue Equity Share Capital 12.30  
Issue Price Rs. 10.00  
 
Projects
Setting up of 8 new retail outlets Strengthen Supply Chain Management
Setting up a food grain Processing Unit General corporate purposes
Promoted By
Nitesh Lodha
Shreyans Lodha
Listing At
BSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd
 

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