Business Standard

Renaissance Global Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

79.86 cr

Price Range (₹)

150

Lot Size

45

Min Investment (₹)

6,750.00

Listing Exchange

MumbaiNSE

Open Date

19-Nov-2007

Close Date

21-Nov-2007

Listing Date

12-Dec-2007

Renaissance Global Ltd News

    The Shares of Renaissance Global Ltd have now been listed.

    Renaissance Global Ltd IPO Details

    Public issue of 53,24,240 equity shares (equity shares) of Rs. 10 each for cash at a price of Rs.150/- per equity share along with one detachable warrant for every two equity shares aggregating to Rs.79.86 Crores (the issue) by Renaissance Jewellery Limited (Renaissance or RJL or the company or our company or the issuer). The issue of equity shares will constitute 29.00% of the fully diluted post-issue paid-up equity share capital of our company prior to exercise of detachable warrants and the issue shall constitute 37.99% of the paid-up equity share capital of our company after exercise of detachable warrants, assuming full exercise of detachable warrants.Issue Price is Rs.150/- per equity share of face value of Rs.10/- each.The issue price is 15 times of the face value

    Objective of issue

    Expansion of Manufacturing Capacity. Expansion of Capacity & Modern. of Mumbai Units. Investment in Foreign Subsidiary. Augmenting Working Capital requirements.

    Renaissance Global Ltd Contact Details

    Renaissance Global Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@renjewellery.com; info@renjewellery.com

    Website - www.renaissanceglobal.com