Rajgor Castor Derivatives Ltd - IPO

Rajgor Castor Derivatives Ltd IPO Details

Initial public offer of 9561000 equity shares of face value of Rs. 10/- each of Rajgor Castor Derivatives Limited (RCDL or the Company or the Issuer) for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share (the Offer Price) aggregating to Rs. 47.81 crores (The Offer) comprising of a fresh issue of 8895000 equity shares aggregating to Rs. 44.48 crores (the Fresh Issue) and an offer for sale of 666000 equity shares by promoter and promoter group selling shareholder - Brijeshkumar Vasantlal Rajgor, Vasantkumar Shankarlal Rajgor, Maheshkumar Shankarlal Rajgor, Induben Vasantkumar Rajgor, Jagrutiben Pareshkumar Rajgor, Kiranben Maheshkumar Rajgor, Pareshkumar Vasudev Rajgor and Zenishaben Anilkumar Rajgor aggregating to Rs. 3.33 crores (Offer for Sale), of which 501000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 2.51 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer less the market maker reservation portion i.e. net offer of 9060000 equity shares of face value of Rs. 10/- each at a price of Rs. 50/- per equity share including a share premium of Rs. 40/- per equity share aggregating to Rs. 45.30 crores is herein after referred to as the Net Offer. The offer and the net offer will constitute 39.98 % and 37.88%, respectively, of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Objective of issue

To meet working capital requirements. General corporate purposes.

Rajgor Castor Derivatives Ltd Contact Details

Rajgor Castor Derivatives Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@rajgorcastor.com

Website - www.rajgorcastor.com