Rulka Electricals Ltd - IPO

Rulka Electricals Ltd IPO Details

Initial public offering of 11,23,200 equity shares of face value of Rs. 10.00 each (Equity Shares) of the company for cash at a price of Rs. 235.00 per equity share (including a share premium of Rs. 225.00 per equity share) (Offer Price) aggregating Rs. 26.40 crores (Offer). The offer comprises a fresh offer of 8,42,400 equity shares aggregating Rs. 19.80 crores (Fresh Issue) and an offer for sale of 2,80,800 equity shares (Offered Shares) aggregating Rs. 6.60 crores, by Abhay Kantilal Shah HUF and such offer for sale of equity shares by the selling shareholder, the Offer for Sale). This offer includes a reservation of 56,400 equity shares aggregating Rs. 1.33 crores for subscription by market maker (Market Maker Reservation Portion). The offer less the market maker reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 26.38% and 25.05%, respectively, of the post-offer paid-up equity share capital of the company, respectively.

Objective of issue

To Meet Working Capital Requirement. General Corporate Expenses.

Rulka Electricals Ltd Contact Details

Rulka Electricals Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@replservices.com

Website - www.replservices.com