Business Standard

Relicab Cable Manufacturing Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

3.22 cr

Price Range (₹)

20

Lot Size

6000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

09-Mar-2016

Close Date

14-Mar-2016

Listing Date

22-Mar-2016

Relicab Cable Manufacturing Ltd News

    The Shares of Relicab Cable Manufacturing Ltd have now been listed.

    Relicab Cable Manufacturing Ltd IPO Details

    Public issue of 16,08,000 equity shares of Rs. 10/- each (equity shares) of Relicab Cable Maufacturing Limited (RCML or the company) for cash at a price of Rs. 20/- per share (the issue price), aggregating to Rs. 3.22 crores (the issue), of which 96,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 15,12,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 35.09% and 32.99%, respectively of the post issue paid up equity share capital of the company.The Face Value of the Equity Shares is Rs. 10 each. The issue price of equity shares is Rs. 20 each and the issue price is 2.0 times of the face value.

    Objective of issue

    Technological modification & cert. aug. in factory. Long term working capital. Refundable security deposit for factory premises. General corporate purposes.

    Relicab Cable Manufacturing Ltd Contact Details

    Relicab Cable Manufacturing Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

    Phone - 91-22-2851 5606

    Fax - 91-22-2851 2885

    Email - investor.relicab@gmail.com

    Website - www.relicab.com