Reliance Petroleum Ltd(merged) IPO

IPO Synopsis

Issue of 1,350,000,000 equity shares of Rs.10 each for cash at a price of Rs.60 per equity share (including share premium of Rs.50 per share) aggregating to Rs.8100 crores including Promoters contribution of 900,000,000 equity shares of Rs.10 each for cash at a price of Rs.60 per equity share (promoters contribution) and net issue to public of 450,000,000 equity shares of Rs.10 each (net issue). The Net Issue will constitute 10% of the fully diluted post-issue paid-up capital of Reliance Petroleum Limited (Company or Issuer). Issue price is Rs.60/- per equity share of face value Rs.10 each. The face value of the shares is Rs.10 and the issue price is 6 times of the face value

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