Public Issue
₹ 27.00 cr
₹ 30
180
₹ 5,400.00
Mumbai
13-Sept-2006
19-Sept-2006
12-Oct-2006
The Shares of Richa Industries Ltd have now been listed.
Public issue of 90,00,000 equity shares of Rs. 10/- each for cash at a premium of Rs.20/- per equity share at a Price of Rs. 30/- per equity share aggregating to Rs.27.00 Crores (the issue) by Richa Knits Limited ('the Company' or 'Issuer') including Promoters participation of 15,00,000 Equity shares of Rs.10/- each for cash at a price of Rs. 30/- per equity share ('Promoters participation'). 7,50,000 Equity shares being 10% of the issue size shall be compulsorily allotted to QIBs. 7,50,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved in the Issue for subscription by NRIs / FIIs and 3,75,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved for Employees. The Net Issue to the Public is 56,25,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share (Net issue).The issue would constitute 43.86% of the fully diluted post issue paid up Equity Capital of the Company. The face value of the share is Rs. 10/- each and the issue price is 3 times of the face value.
To Set New Unit for Process & Dyeing. To Set new Unit for Knitting at existing location. To enhance exising capacity for Garmenting. To Augment Long Term Working Capital requirements.
Richa Industries Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078
Phone - 91-022-25963838
Fax - 91-022-25946969
Email - cs@richa.in; richa@richa.in
Website - https://richaindustries.wordpress.com