RCI Industries & Technologies Ltd - IPO

RCI Industries & Technologies Ltd IPO Details

Public issue of 28,80,000 equity shares of Rs. 10/- each fully paid of RCI Industries Limited (RCI or The Company or The Issuer) for cash at a price of Rs. 40/- per equity share (The Issue Price) (including a share premium of Rs. 30/- per equity share aggregating Rs. 11.52 crores (The Issue) by the company, of which 1,44,000 equity shares of Rs. 10/- fully paid-up each will be reserved for subscription by Market Maker to the issue (Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. issue of 27,36,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.42% and 25.10%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10/- each. The issue price is Rs. 40/-. The issue price is 4 times the face value.

Objective of issue

Working Capital requirements. General Corporate purposes.

RCI Industries & Technologies Ltd Contact Details

RCI Industries & Technologies Ltd, B-106 Sector-2, , , Noida-201301

Phone - 91-0120-4015880

Fax - 91-0120-4015839

Email - info@rciind.com, abhishek@rciind.com

Website - www.rciind.com