Raj Rayon Industries Ltd - IPO

Raj Rayon Industries Ltd IPO Details

Public Issue of 85,00,000 Equity Shares of Rs. 10/- each for cash at a Price of Rs. 65 per Equity Share aggregating Rs. 55.25 crores (the Issue) by Raj Rayon Limited (Raj Rayon or the Company or the Issuer) out of which8,50,000 Equity Shares has been reserved for subscription by Permanent Employees of the Company (the Employee Reservation Portion) and 8,50,000 Equity Shares has been reserved for subscription by shareholders of GroupCompany (the Shareholders of Group Company Portion).The Issue would constitute 49.95% of the Post Issue Paid-up Capital of the Company.

Objective of issue

Setting up POY manuf. unit with 60000TPA capacity. Long Term Working Capital Requirement.

Raj Rayon Industries Ltd Contact Details

Raj Rayon Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@rajrayon.com

Website - www.rajrayon.com