Royal Chain Ltd - IPO

Royal Chain Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Royal Chain Limited (the Company or the Company) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs.1000.00 Crores comprising a fresh issue of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs.850.00 Crores by the company (the Fresh Issue) and an offer for sale of up to [*] equity shares of face value of Rs.10 each aggregating to Rs.150.00 Crores, comprising an offer for sale of up to [*] equity shares of face value of Rs.10 each aggregating to Rs. 50.00 Crores by Suresh Futarmal jain, up to [*] equity shares of face value of Rs.10 each aggregating to Rs.50.00 Crores by Manish Futarmal jain, up to [*] equity shares of face value of Rs.10 each aggregating to Rs. 25.00 Crores by celestial charms and up to [*] equity shares of face value of Rs.10 each aggregating to Rs. 25.00 Crores by foxy feathers (the Offer for Sale and together with the fresh issue, the Offer, and such shareholders offering their respective portion of the offered shares are together referred to as the Promoter Selling Shareholders). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.

Objective of issue

Repayment/ prepayment, in part or full, of certain outstanding loan facilities and accrued interest thereon, availed by the Company.. General corporate purposes.

Royal Chain Ltd Contact Details

Royal Chain Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@royalchains.com

Website - www.royalchaingroup.com