Business Standard

Reliable Data Services Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

14.82 cr

Price Range (₹)

57

Lot Size

2000

Min Investment (₹)

1,14,000.00

Listing Exchange

NSE - SME

Open Date

27-Sept-2017

Close Date

03-Oct-2017

Listing Date

11-Oct-2017

Reliable Data Services Ltd News

    The Shares of Reliable Data Services Ltd have now been listed.

    Reliable Data Services Ltd IPO Details

    Initial public offer of 26,00,000 equity shares of face value of Rs. 10 each (equity shares) of Reliable Data Services Limited (The company or issuer) for cash at a price of Rs. 57.00 per equity share (including a share premium of Rs. 47.00 per equity share) (issue price) aggregating to Rs. 14.82 Crores (issue) of which 1,40,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 57.00 per equity share, aggregating to Rs. 0.80 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 24,60,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 57.00 per equity share aggregating to Rs. 14.02 Crores (is hereinafter referred to as the net Issue). The issue and the net issue will constitute 30.23% and 28.60%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 57.00. The issue price is 5.7 times of the face value.

    Objective of issue

    To meet working capital requirement. Prepayment of loan.

    Reliable Data Services Ltd Contact Details

    Reliable Data Services Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - info@rdspl.com

    Website - www.rdspl.com