Ravikumar Distilleries Ltd - IPO

Ravikumar Distilleries Ltd IPO Details

Initial Public Offering of 1,15,00,000 equity shares of Rs. 10 each at a price of Rs. 64 per equity share for cash (including share premium of Rs. 54 per share) aggregating Rs. 73.60 crores (The Issue). The issue shall constitute 47.92% of the fully diluted post issue capital of the company.Issue price: Rs. 64/- per equity share of face value Rs. 10 each.The issue price is 6.4 times of the face value

Objective of issue

Expansion in the unit by inc. in existing capacity. To part finance the marketing & corporate branding. To part finance incremental working capital req.. To part finance the general corporate expenses.

Ravikumar Distilleries Ltd Contact Details

Ravikumar Distilleries Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - cs@ravikumardistilleries.com

Website - www.ravikumardistilleries.com