Riddhi Steel & Tube Ltd RHP
Registered Office : 83/84 Village Kamod Piplaj , Pirana Road Post-Aslali , Ahmedabad - 382427 , Gujarat , India.
Phone : 91-79-29700922 Fax : 91-79-26768656
Email :info@riddhitubes.org Website : www.riddhitubes.com
Public issue of 23,40,000 equity shares of Rs.10 each (equity shares) of Riddhi Steel and Tube Limited (RSTL or The Company or The Issuer) for cash at a price of Rs.38 per share (the Issue price), aggregating to Rs. 8.89 crores (The Issue) of which, 1,26,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 22,14,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.22% and 26.71%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 38/- is 3.80 times of the face value.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
9/2/2016 12:00:00 AM | 9/7/2016 12:00:00 AM | Rs 38 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 8.89 | Guiness Corporate Advisors Pvt Ltd |
Project Financed through Current Offer | 8.89 | |
Post Issue Equity Share Capital | 8.89 | |
Issue Price | Rs. 38 |
Projects |
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To meet the working capital requirements |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | KFin Techologies Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.