Richa Info Systems Ltd - IPO

Richa Info Systems Ltd IPO Details

Public issue of 800000 equity shares of face value of Rs. 10 each of Richa Info Systems Limited (Richa or the Company or the Issuer) for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share (the Issue Price) aggregating to Rs. 10.00 Crores (The Issue), of which 40000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 0.50 Crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 7,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 125 per equity share including a share premium of Rs. 115 per equity share aggregating to Rs. 9.50 Crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 32.88% and 31.09% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is Rs. 125. The issue price is 12.5 times of the face value.Bid can be made for minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

Objective of issue

To Meet Incremental Working Capital Requirements. General Corporate Purpose.

Richa Info Systems Ltd Contact Details

Richa Info Systems Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@richainfosys.com

Website - www.richainfosys.com