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Rajeshwari Cans Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Rajeshwari Cans Ltd IPO

Registered Office: 96 Mahagujarat Industrial Esta,Moraiya Ta Sanand , Ahmedabad - 382210 , Gujarat , India.
Phone : 91-079-29796584   Fax:
Email :  rcl2gov@gmail.com  
Website :  www.rajeshwaricans.com
Initial Public Issue of 20,16,000 Equity shares of face value of (Rs)10.00 each of Rajeshwari Cans Limited ("RCL" or The "Company" or The "Issuer") for cash at a price of (Rs)20.00/- per equity share including a share premium of (Rs)10.00/- per equity share (The "Issue Price") aggregating to (Rs)4.03 Crores ("The Issue"), of which 1,08,000 equity shares of face value of (Rs)10.00 /- each will for cash at a price of (Rs)20.00/- per equity share including a share premium of (Rs)10.00/- per equity share aggregating to (Rs)0.22 Crores will be reserved for subscription by Market Maker to the issue (The "Market Maker Reservation Portion"). The issue less the Market Maker Reservation Portion I.E. Net Issue of 19,08,000 equity shares of face value of (Rs)10.00/- each at a price of (Rs)20.00/- per equity share aggregating to (Rs)3.82 Crores is herein after referred to as the "Net Issue". The Issue and The Net Issue will constitute 38.43% and 36.37% 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 and The Issue Price of (Rs)20.00/- each. The Issue Price is 2.00 times of the face value of the Equity Shares.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Mar-21 06-Apr-21 (Rs)20.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000

  (Rs Cr) Lead Managers to the Issue
Project Cost 4.03
Fedex Securities Pvt Ltd
Project Financed through Current Offer 4.03  
Post Issue Equity Share Capital 5.25  
Issue Price (Rs)20.00  
 
Projects
Meeting incremental working capital requirementsGeneral corporate purposes
Promoted By
Bharatkumar Vora  
Harshadkumar Vora  
Siddharth Vora  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd