Raghuvansh Agrofarms Ltd - IPO

Raghuvansh Agrofarms Ltd IPO Details

Public issue of 36,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 11 per equity share (including a share premium of Rs. 01 per equity share), aggregating to Rs. 3.96 crores (the issue) by the company, of which 4,00,000 equity shares of Rs. 10 each would be reserved for subscription by the promoters (promoters' contribution) and 1,80,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (market maker reservation portion). The issue less the promoters' contribution and the market maker reservation portion i.e. Issue of 30,20,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 30.21% and 25.34%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each.The issue price is Rs. 11 per equity share and is 1.1 times of the face value of the equity shares.

Objective of issue

Construction of Bio-Gas plant for power generation. Investment in subsidiary companies. To raise funds for general corporate purposes.

Raghuvansh Agrofarms Ltd Contact Details

Raghuvansh Agrofarms Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - raghuvanshagro@gmail.com

Website - www.raghuvanshagro.com