IPO

Rajnandini Metal Ltd IPO

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Public issue of 16,44,000 equity shares of face value of Rs.10 each fully paid up of Rajnandini Metal Limited (rajnandini or the company or the issuer) for cash at a price of Rs.26 per equity share (the issue price) (including a share premium of Rs.16 per equity share aggregating Rs.4.27 Crores (the issue) by the company, of which 84,000 equity shares of Rs. 26 fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,60,000 equity shares of Rs.26 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.76 % and 25.39 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 the issue price is Rs.26 the issue price is 2.6 times the face value

Rajnandini Metal Ltd IPO Subscription Details

Company

Rajnandini Metal Ltd

Issue Type

Fixed Price - SME

Open Date

24 Sep

Close Date

27 Sep

Offer Price

26.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Rajnandini Metal Ltd IPO

Company Contact Information

Rajnandini Metal Ltd IPO
3E/17 B P N I T,
,
Faridabad, Haryana 121001.

Phone: 91-0129-4074043
Email: info@rajnandinimetal.com

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Rajnandini Metal Ltd IPO Lead Manager(s)

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