Rudra Global Infra Products Ltd - IPO

Rudra Global Infra Products Ltd IPO Details

Public issue of 63,84,000 equity shares of face value of Rs. 10 each (equity shares) of M.D. Inducto Cast Limited (the company or the issuer) for cash at a price of Rs. 27.00 per equity share, including a share premium of Rs. 17.00 per equity share (the issue price), aggregating Rs. 17.24 crores (the issue), of which 3,24,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 27.00 per equity share, aggregating 0.87 crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 60,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 27.00 per equity share, aggregating Rs. 16.36 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.50% and 25.16% respectively of the fully diluted post issue paid up equity share capital of the company.

Objective of issue

Working Capital Requirement.

Rudra Global Infra Products Ltd Contact Details

Rudra Global Infra Products Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - ipo@mdgroup.in, info@mdgroup.in, info@rudratmx.co

Website - www.rudratmx.com