RDB Rasayans Ltd - IPO

RDB Rasayans Ltd IPO Details

Public Issue of 45,00,000 equity shares of Rs. 10 each for cash at a price of Rs. 79 per equity share (including a share premium of Rs. 69 per equity share) aggregating Rs. 35.55 crores (The Issue) by RDB Rasayans Limited (Company or Issuer or RRL). The Issue would constitute 25.40% of the fully diluted post issue paid up capital of the company.Issue price: Rs. 79 per equity shares of face value Rs. 10 each.The Issue Price is 7.9 times the face value.

Objective of issue

To finance the capital expenditure for Unit II. To meet general corporate purpose.

RDB Rasayans Ltd Contact Details

RDB Rasayans Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - info@rdbindia.com

Website - www.rdbgroup.in