An IPO worth Rs 73.60 crore is being planned for Ravikumar Distilleries. Starting on December 8, 2010, the public offering (IPO) bidding for Ravikumar Distilleries was open until December 10, 2010. The shares went on sale on December 27, 2010, on the BSE and NSE. Prices for shares in the IPO of Ravikumar Distilleries range from ₹56 to ₹64. A lot size of at least 100 shares is required for an application. For retail investors, a minimum investment of ₹6,400 is necessary.
Ravikumar Distilleries Ltd. (RKDL), which was founded in 1993, is a company that produces Indian Made Foreign Liquors (IMFL). The company primarily advertises its brands in the southern Indian region, which includes the union territory of Pondicherry as well as the states of Karnataka, Andhra Pradesh, and Tamil Nadu. Puducherry is home to the mother plant of the business. With its current capacity, the Factory can produce 1.43 million cases annually. Additionally, RKDL has partnerships with CGEVF France to produce brandy and JBB (Greater Europe) Plc to
produce Scotch whisky. Additionally, RKDL has partnerships with a number of prominent Indian spirits firms, including Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd., Mondovi Distilleries & Breweries Pvt. Ltd., and Radico Khatian Ltd.
Eight PM Rare Whisky, White Field Brandy, Radico Gold VSOP Brand, Eight PM Excellency Brandy, Brihans Grape VSOP Brand, Eight PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy, and Mens Choice Fine Whisky are some of the company’s well-known brands.
Ravikumar Distilleries IPO Details
| IPO Date | December 8, 2010 to December 10, 2010 |
| Listing Date | December 27, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹56 to ₹64 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 11,500,000 shares (aggregating up to ₹73.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Ravikumar Distilleries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,400 |
| Retail (Max) | 31 | 3100 | ₹198,400 |
Ravikumar Distilleries IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 5,750,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 1,725,000 (15.00%) | |
| Retail Shares Offered | 4,025,000 (35.00%) | 40,250 |
| Total Shares Offered | 11,500,000 (100%) |
Ravikumar Distilleries Company Financials
| Particulars | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 |
|---|---|---|---|---|---|
| Total Income | 5,023.38 | 4,310.30 | 3,919.45 | 4,238.23 | 3,566.77 |
| Profit After Tax (PAT) | 199.46 | 170.59 | 165.06 | 102.00 | 52.35 |
Objects of the Issue (Ravikumar Distilleries IPO Objectives)
The Objects of the issue are:
- Expansion in the unit by inc. in existing capacity;
- To part finance the marketing & corporate branding;
- To part finance incremental working capital request;
- To part finance the general corporate expenses.
Ravikumar Distilleries IPO Listing Details
| Listing Date | December 27, 2010 |
| BSE Script Code | 533294 |
| NSE Symbol | RKDL |
| ISIN | INE722J01012 |
| Final Issue Price | ₹64 per share |
Ravikumar Distilleries Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹64.00 | ₹64.00 |
| Open | ₹64.00 | ₹72.00 |
| Low | ₹64.00 | ₹72.00 |
| High | ₹90.30 | ₹91.00 |
| Last Trade | ₹80.05 | ₹80.05 |
Ravi Kumar Distilleries Ltd Contact Details
Ravi Kumar Distilleries Ltd
No 1 – C Nandit Apartments,
47 Thirumalai Pillai Rd.,
T Nagar, Chennai – 600017, Tamil Nadu, India
Phone: 91-044-28344434
Email: [email protected]
Website: http://www.ravikumardistilleries.com
Ravikumar Distilleries IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
Ravikumar Distilleries IPO FAQs:
Q1. What is Ravikumar Distilleries IPO?
Ans. Ravikumar Distilleries IPO is a main-board IPO of 11,500,000 equity shares of the face value of ₹10 aggregating up to ₹73.60 Crores. The issue is priced at ₹56 to ₹64 per share. The minimum order quantity is 100 Shares. The IPO opens on December 8, 2010, and closes on December 10, 2010. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Q2. When Ravikumar Distilleries IPO will open?
Ans. The Ravikumar Distilleries IPO opens on December 8, 2010 and closes on December 10, 2010.
Q3. What is the lot size of Ravikumar Distilleries IPO?
Ans. Ravikumar Distilleries IPO lot size is 100 Shares, and the minimum amount required is ₹6,400.
Q4. When is Ravikumar Distilleries IPO allotment?
Ans. The finalization of Basis of Allotment for Ravikumar Distilleries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Ravikumar Distilleries IPO listing date?
Ans. The Ravikumar Distilleries IPO listing date is on December 27, 2010.
