Rajnandini Fashion India Ltd - IPO

Rajnandini Fashion India Ltd IPO Details

Initial public offer of upto 26,88,000 equity shares of face value of Rs. 10/- each (the equity shares) of Rajnandini Fashion India Limited (the company or RFIL or the issuer) at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs.[*] crores(public issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.44% and [*]% respectively of the post-issue paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding of capital expenditure for setting up a new manufacturing facility. Funding for repayment of a portion of certain borrowings availed by the Company. Utilization towards working capital requirements. General corporate purposes.

Rajnandini Fashion India Ltd Contact Details

Rajnandini Fashion India Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@rfil.in

Website - https:, rfil.in