Rappid Valves India Ltd IPO |
Registered Office:
Genesis Ind.Cmplx. Plot No.30,Village Kolgaon Palghar (East)
,
Thane
-
401404
,
Maharashtra
, India.
Phone :
+91 93214 63550 Fax:
Email : investors@rapidvalves.net
Website : www.rappidvalves.in
|
| Initial public offer of upto 13,69,800 equity shares of face value of
(Rs)10/- each (the equity shares) of Rappid Valves (India) Limited (the company or Rappid Valves or the company or the issuer) for cash at a price of (Rs)222.00/- per equity share including a share premium of (Rs)212.00/- per equity share (the issue price) aggregating to (Rs)30.41 crores (the issue), of which upto 69,600 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)222.00/- per equity share including a share premium of (Rs)212.00/- per equity share aggregating to (Rs)1.55 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 upto 13,00,200 equity shares of face value of (Rs)10/- each at a price of (Rs)222.00/- per equity share including a share premium of (Rs)212.00/- per equity share aggregating to (Rs)28.86 crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.38 % and 25.04 % respectively of the post issue paid up equity share capital of the company.
The face value of equity shares is (Rs)10/- each. The issue price is 22.20 times the face value of the equity shares. a
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Sep-24 |
25-Sep-24 |
(Rs)222.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :600 Further Multiples of :600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
27.05 |
|
| Project Financed through Current Offer |
30.41 |
|
| Post Issue Equity Share Capital |
5.19 |
|
| Issue Price |
(Rs)222.00 |
|
|