Business Standard

Rajshree Polypack Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

35.52 cr

Price Range (₹)

120

Lot Size

1000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

10-Sept-2018

Close Date

12-Sept-2018

Listing Date

24-Sept-2018

Rajshree Polypack Ltd News

    The Shares of Rajshree Polypack Ltd have now been listed.

    Rajshree Polypack Ltd IPO Details

    Initial public offering of 29,60,000 equity shares of face value of Rs. 10 each (equity shares) of Rajshree Polypack Limited (The Company or The Issuer) for cash at a price of Rs. 120 per equity share including a share premium of Rs. 110 per equity share (The Issue Price), aggregating to Rs. 35.52 crores (The Issue). The issue includes a reservation of upto 1,48,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 120 per equity share aggregating to Rs. 1.78 crores for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. 28,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 120 per equity' share. aggregating to Rs. 33.74 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.35% and 25.03% respectively, of the post issue paid up equity share capital of the company.The face value of the Equity Share is Rs.10 each. The Issue price is Rs.120 per equity share, which is 12 Times the face value of the Equity Share.

    Objective of issue

    Setting up of Factory Unit IV at Daman. General corporate purposes.

    Rajshree Polypack Ltd Contact Details

    Rajshree Polypack Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cosec@rajshreepolypack.com

    Website - www.rajshreepolypack.com