The Rs 35.55 crore RDB Rasayans IPO is a book-built offering. The RDB Rasayans initial public offering (IPO) bid was held from September 21, 2011, to September 23, 2011. The shares were listed on October 7, 2011, on the BSE. The price range for RDB Rasayans’ IPO is ₹72–₹79 per share. An application must have a minimum lot size of 80 shares. Retail investors are required to invest a minimum of ₹6,320.
RDB Rasayans Ltd., an ISO 9001:2008-certified company that was founded in 1995, is involved in the production and distribution of FIBC (Jumbo Bags) and Woven Sacks, as well as a range of woven polymer-based goods such as canal liners, protective irrigation systems, and container liners. The steel, cement, fertilizer, polymers, chemicals, textiles, machinery, and automobile industries, among others, use PP sacks primarily for packaging various products. All panel bags, baffle bags, Circular Jumbo bags, Conductive FIBCs, Static dissipative FIBCs, and
U+2 panel FIBCs are all produced by RDB Rasayans. Together with FIBC, the company also produces a range of other woven polypropylene goods, such as ground covers, silt fence, small bags, box woven bags, roofing underlayment fabric, and geotextiles. The company sells PP and HDPE woven fabrics as well as bags. Its goods are UV-stabilized and shrinkage-preconditioned.
RDB Rasayans IPO Details
| IPO Date | September 21, 2011 to September 23, 2011 |
| Listing Date | October 7, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹72 to ₹79 per share |
| Lot Size | 80 Shares |
| Total Issue Size | 4,500,000 shares (aggregating up to ₹35.55 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE |
RDB Rasayans IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹6,320 |
| Retail (Max) | 31 | 2480 | ₹195,920 |
RDB Rasayans IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 2,250,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 675,000 (15.00%) | |
| Retail Shares Offered | 1,575,000 (35.00%) | 19,687 |
| Total Shares Offered | 4,500,000 (100%) |
Objects of the Issue (RDB Rasayans IPO Objectives)
The objects of the issue are to:
- To finance the capital expenditure to enhance the manufacturing capacity by 7450 MTPA by establishing Unit -II;
- To meet General Corporate purposes and
- To meet issue expenses
RDB Rasayans IPO Listing Details
| Listing Date | October 7, 2011 |
| BSE Script Code | 533608 |
| NSE Symbol | |
| ISIN | INE123M01017 |
| Final Issue Price | ₹79 per share |
RDB Rasayans Listing Day Trading Information
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹79.00 |
| Open | ₹85.00 |
| Low | ₹19.80 |
| High | ₹93.15 |
| Last Trade | ₹26.50 |
RDB Rasayans Ltd Contact Details
RDB Rasayans Ltd
Bikaner Building,
1st Floor, Suite No: 10, 8/1,
Lal Bazar Street, Kolkata
Phone: 91-33-2230 5666
Email: [email protected]
Website: http://www.rdbgroup.in
RDB Rasayans IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
RDB Rasayans IPO FAQs
Q1. What is the RDB Rasayans IPO?
Ans. RDB Rasayans IPO is a main-board IPO of 4,500,000 equity shares with a face value of ₹10, aggregating up to ₹35.55 crore. The issue is priced at ₹72 to ₹79 per share. The minimum order quantity is 80 shares. The IPO opens on September 21, 2011, and closes on September 23, 2011.
Q2. When will RDB Rasayans IPO open?
Ans. The RDB Rasayans IPO opens on September 21, 2011 and closes on September 23, 2011.
Q3. What is the lot size of the RDB Rasayans IPO?
Ans. RDB Rasayans IPO lot size is 80 shares, and the minimum amount required is ₹6,320.
Q4. When is the RDB Rasayans IPO listing date?
Ans. The RDB Rasayans IPO listing date is on October 7, 2011.
