Business Standard

Rajat City Developers Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

11.02 cr

Price Range (₹)

100

Lot Size

1200

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Rajat City Developers Ltd News

    Rajat City Developers Ltd IPO Details

    Public issue of 11,01,600 equity shares of face value of Rs.10 each of Rajat City Developers Limited (the company or the issuer) for cash at a price of Rs.(*) Per equity share (including a share premium of Rs.(*) Per equity share) (issue price) aggregating to Rs.(*) Crores (the issue). Of the issue, 55,200 equity shares aggregating to (*) Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 10,46,400 equity shares of face value of Rs.10 each at an issue price of Rs.(*) Per equity share aggregating to Rs.(*) Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.53% and 26.15%, 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. (*) is (*) times of the face value

    Objective of issue

    Purchase of Materials for Park View and Platina Projects at Kota. Land Development Expenses at Land Development & Plotting Project Village Naya Nohra Tehsil Ladpura. General Corporate Purposes.

    Rajat City Developers Ltd Contact Details

    Rajat City Developers Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@rajatcity.com

    Website - www.rajatcity.com