Business Standard

Saturday, December 21, 2024 | 08:09 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Ratanchand Jewellers Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

150.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Ratanchand Jewellers Ltd IPO Details

    Public issue of upto [*] equity shares of face value of Rs. 10 each (Equity Shares) of Ratanchand Jewellers Limited (The Company or The Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share, aggregating upto Rs. 150.00 crores (The Issue). The issue includes a reservation of upto 1% of the issue size constitute [*] equity shares for the eligible employees (The Employee Reservation Portion). The issue less the employee reservation portion is referred to as the Net Issue. The issue and the net issue shall constitute [*]% and [*]% of the fully diluted post-issue paid up capital of the company, respectively.The face value of the equity share is Rs. 10 each.

    Objective of issue

    For up-gradation of existing manufact. facility. For setting up a manufacturing unit in Hyderabad. For setting up 12 retail stores in Karnataka. For setting up a branch office in Dubai. To meet the long term working capital requirement. Brand building exercise. General corporate expenses.

    Ratanchand Jewellers Ltd Contact Details

    Ratanchand Jewellers Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - ipo@ratanchand.co.in