RLabs Enterprise Services Ltd - IPO

RLabs Enterprise Services Ltd IPO Details

Public issue of upto 31,00,000 equity shares of face value of Rs. 10 each (equity shares) of RLabs Enterprise Services Limited (labs, company or the issuer) for cash at a price of Rs. (*) per equity share (issue price) including share premium of Rs. (*) Per equity share aggregating upto Rs. Crores (the issue), of which upto 1,56,000 equity shares of face value of Rs. 10 each for a cash price of Rs. (*) per equity share, aggregating up to Rs. 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 up to 29,44,000 equity shares of face value of Rs. 10 each at an issue price of Rs. (*) per equity share aggregating upto Rs. Crores (is hereinafter Referred to as the net issue). The issue and the net issue will constitute 27.07% and 25.71%, respectively of the fully diluted 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 of Rs. (*) is (*) times and (*) times of the face value at the Lower and Upper price band respectively.The face value of the equity shares is Rs.10 each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding of Working Capital Gap. Investment in Subsidiary. Part Repayment of Unsecured Loan availed from Promoter Director.

RLabs Enterprise Services Ltd Contact Details

RLabs Enterprise Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - csarun@rlabsglobal.com

Website - www.rlabsglobal.com