Business Standard

R Systems International Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

110.21 cr

Price Range (₹)

250

Lot Size

25

Min Investment (₹)

6,250.00

Listing Exchange

MumbaiNSE

Open Date

28-Mar-2006

Close Date

31-Mar-2006

Listing Date

26-Apr-2006

R Systems International Ltd News

    The Shares of R Systems International Ltd have now been listed.

    R Systems International Ltd IPO Details

    Public offer of 4,408,355 equity shares of Rs. 10 each for cash at a Premium of Rs.240 per Equity Share and at price of Rs.250 per equity share aggregating Rs.110.21 crores, comprising fresh issue of 2,825,000 equity shares of Rs. 10 each by R Systems International Limited (referred to as the Company) and an offer for sale of aggregate 1,583,355 equity shares of Rs. 10 each by the selling shareholders (as defined herein) (the fresh issue and the offer for sale are jointly referred to herein as the offer). The offer comprises of a reservation for employees of 440,355 equity shares of Rs. 10 each and a net offer to the public of 3,968,000 equity shares of Rs. 10 each (the net offer). The offer would constitute 32.55% of the fully diluted post offer paid-up capital of our company.Issue Price is Rs.250 per equity share of face value Rs. 10.The issue price is 25 times of the face value

    Objective of issue

    Upgrading and expansion of existing infrastructure. Repayment of outstanding loans. Financing working capital requirements. General corporate purposes.

    R Systems International Ltd Contact Details

    R Systems International Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - rsystems.india@rsystems.com; investors@rsystems.co

    Website - www.rsystems.com