Rudrabhishek Enterprises Ltd - IPO

Rudrabhishek Enterprises Ltd IPO Details

Initial public offer 45,69,000* equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 41 per equity share (The Issue Price) (including a share premium of Rs. 31 per equity share) aggregating Rs. 18.73 crores (The Issue), of which 2,31,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 41/- per equity share, aggregating Rs. 0.95 Crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Issue of 43,38,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 41/- per equity share, aggregating Rs. 17.78 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.35 % and 25.02% respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10.00 each.The issue price is 41 is 4.1 times the face value of equity share.

Objective of issue

To Raise funds for meeting long term working capital requirements. General corporate purposes.

Rudrabhishek Enterprises Ltd Contact Details

Rudrabhishek Enterprises Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - secretarial@replurbanplanners.com

Website - www.repl.global