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Ramsarup Industries Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

₹ 30

Price Range (₹)

₹ 60

Lot Size

100

Min Investment (₹)

₹ 6,000.00

Listing Exchange

MumbaiKolkata

Open Date

13-Dec-2005

Close Date

16-Dec-2005

Listing Date

04-Jan-2006

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Ramsarup Industries Ltd IPO Details

Public Issue of 50,00,000 Equity Shares of Rs. 10/ each for Cash at a Premium of Rs. 50/- per Equity Share aggregating Rs. 30 crores out of which net offer to Public 40,00,000 Equity Shares of Rs. 10/- each for Cash at a Premium of Rs. 50/- per Equity Share aggregating Rs. 24 crores.The issue price of Rs. 60 per Equity share is 6 times of the Face Value.

Objective of issue

Modernisation cum Expansion of TMT Mill. Repayment of Unsecured Loan. Enhancement of Long Term Working Capital. Setting up of Structural Mill. General Corporate Purposes including stratetic ini.

Ramsarup Industries Ltd Contact Details

Ramsarup Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - company@ramsarup.com

Website - www.ramsarup.com