Rachit Prints Ltd - IPO

Rachit Prints Ltd IPO Details

Initial public offer of upto 13,08,000equity shares of face value of Rs.10/- each ( the equity shares) of rachit prints limited (our companyorrplorthe issuer) for cash at a price of Rs. 149 per equity share (the Issue Price) aggregating to Rs. 19.49 crores will upto 66,000 equity shares of face value of Rs.10/-each for cash at a prie of Rs.149 per equity shares including a share premium of Rs.139 per equity share aggregating to Rs. .98 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 12,42,000 equity shares of face value of Rs.10/- each at a price of Rs. 149 per equity share including a share premium of Rs. 139 per equity share aggregating to Rs. 18.51 crores is herein after referred to as the net issue. the issue and the net issue will constitute 26.50% and 25.16% respectively the post issue paid up equity share capital of the company.

Objective of issue

Working capital requirements including margin money. To fund the expansion plan of the company i.e. capital expenditure towards purchase of plant and machinery. Partial pre-payment of term loans to bank. General corporate purposes.

Rachit Prints Ltd Contact Details

Rachit Prints Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@rachitprints.co.in

Website - www.rachitprints.co.in