Business Standard

Raj Rayon Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

55.25 cr

Price Range (₹)

65

Lot Size

100

Min Investment (₹)

6,500.00

Listing Exchange

Mumbai

Open Date

12-Jan-2006

Close Date

18-Jan-2006

Listing Date

03-Feb-2006

Raj Rayon Industries Ltd News

    The Shares of Raj Rayon Industries Ltd have now been listed.

    Raj Rayon Industries Ltd IPO Details

    Public Issue of 85,00,000 Equity Shares of Rs. 10/- each for cash at a Price of Rs. 65 per Equity Share aggregating Rs. 55.25 crores (the Issue) by Raj Rayon Limited (Raj Rayon or the Company or the Issuer) out of which8,50,000 Equity Shares has been reserved for subscription by Permanent Employees of the Company (the Employee Reservation Portion) and 8,50,000 Equity Shares has been reserved for subscription by shareholders of GroupCompany (the Shareholders of Group Company Portion).The Issue would constitute 49.95% of the Post Issue Paid-up Capital of the Company.

    Objective of issue

    Setting up POY manuf. unit with 60000TPA capacity. Long Term Working Capital Requirement.

    Raj Rayon Industries Ltd Contact Details

    Raj Rayon Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@rajrayon.com

    Website - www.rajrayon.com