Business Standard

Ravikumar Distilleries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

73.60 cr

Price Range (₹)

64

Lot Size

100

Min Investment (₹)

6,400.00

Listing Exchange

MumbaiNSE

Open Date

08-Dec-2010

Close Date

10-Dec-2010

Listing Date

27-Dec-2010

Ravikumar Distilleries Ltd News

    The Shares of Ravikumar Distilleries Ltd have now been listed.

    Ravikumar Distilleries Ltd IPO Details

    Initial Public Offering of 1,15,00,000 equity shares of Rs. 10 each at a price of Rs. 64 per equity share for cash (including share premium of Rs. 54 per share) aggregating Rs. 73.60 crores (The Issue). The issue shall constitute 47.92% of the fully diluted post issue capital of the company.Issue price: Rs. 64/- per equity share of face value Rs. 10 each.The issue price is 6.4 times of the face value

    Objective of issue

    Expansion in the unit by inc. in existing capacity. To part finance the marketing & corporate branding. To part finance incremental working capital req.. To part finance the general corporate expenses.

    Ravikumar Distilleries Ltd Contact Details

    Ravikumar Distilleries Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - cs@ravikumardistilleries.com

    Website - www.ravikumardistilleries.com