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Ramdevbaba Solvent Ltd
Registered Office:
Bhaiya Building Anaj Bazar,Itwati, Nagpur - 440002, Maharashtra, India. Phone : 0712 7968 189 Fax:
Email :
cs@rbsl.co.in
Website :
www.ramdevbabasol.com
Public issue of to 59,13,600* equity shares of face value Rs. 10 each ("Equity Shares") of Ramdevbaba Solvent Limited ("The Company" or the "Issuer") for cash at a price of Rs. 85 per equity share (including a securities premium of Rs. 75 per equity share) ("Issue Price"), aggregating to Rs. 50.27 crores (the "Issue"). 3,13,600 equity shares aggregating to Rs. 2.67 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 56,00,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 85 per equity share aggregating to Rs. 47.60 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.73% and 25.31% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment
Issue
Opens On
Closes On
15-Apr-24
18-Apr-24
Money Payable On
Application
Allotment
85.00
0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
44.62
Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer (
.Cr)
50.27
Post Issue Equity Share Capital (
.Cr)
22.13
Issue Price (
)
85.00
Projects
Setting up of new manufacturing facility
Repayment in full or in part of its outstanding borrowings
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Prashant Kisanlal Bhaiya
Nilesh Suresh Mohata
Tushar Ramesh Mohata
Listing At
NSE - SME
Registrar to the Issue
No Data Available
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.