Rainbow Crop Health Ltd - IPO

Rainbow Crop Health Ltd IPO Details

Initial Public Offer of 9,30,000 equity shares of face value of Rs.10 each (equity shares) of Rainbow Crop Health Limited (company or issuer) for cash at a price of Rs. 38 per equity share (including a share premium of Rs. 28 per equity share) aggregating up to Rs. 3.53 Crores (issue) of which 48,000 equity shares of face value Rs.10 each for cash at a price of Rs. 38 per equity share aggregating Rs. 0.18 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 8,82,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 38 per equity share, aggregating Rs.3.35 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.65% and 25.27%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each and the issue price of Rs. 38 is 3.8 times of the face value.

Objective of issue

Working Capital Requirement. General Corporate Purposes.

Rainbow Crop Health Ltd Contact Details

Rainbow Crop Health Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - cs@rhcl.co.in

Website - www.rhcl.co.in