Redington Ltd - IPO

Redington Ltd IPO Details

Public issue of 1,32,31,000 equity shares of Rs.10 each (equity shares) for cash at a price of Rs.113/- per equity share, aggregating Rs.149.51 Crores. The issue shall constitute 16.99% of the fully diluted post-issue capital of our company.Issue Price is Rs.113 per equity share of face value Rs.10/The issue price is 11.3 times the face value.

Objective of issue

Establishment of four ADCs in India. Establishment of 68 SRCs in India. Invest. in our Subsidiary Cadensworth (I) Pvt Ltd. Invest. in our Subsidiary Redington Gulf FZE. General Corporate Purposes.

Redington Ltd Contact Details

Redington Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - mmkumar@redington.co.in

Website - www.redingtongroup.com