Relicab Cable Manufacturing Ltd - IPO

Relicab Cable Manufacturing Ltd IPO Details

Public issue of 16,08,000 equity shares of Rs. 10/- each (equity shares) of Relicab Cable Maufacturing Limited (RCML or the company) for cash at a price of Rs. 20/- per share (the issue price), aggregating to Rs. 3.22 crores (the issue), of which 96,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 15,12,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 35.09% and 32.99%, respectively of the post issue paid up equity share capital of the company.The Face Value of the Equity Shares is Rs. 10 each. The issue price of equity shares is Rs. 20 each and the issue price is 2.0 times of the face value.

Objective of issue

Technological modification & cert. aug. in factory. Long term working capital. Refundable security deposit for factory premises. General corporate purposes.

Relicab Cable Manufacturing Ltd Contact Details

Relicab Cable Manufacturing Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

Phone - 91-22-2851 5606

Fax - 91-22-2851 2885

Email - investor.relicab@gmail.com

Website - www.relicab.com