Radhika Jeweltech Ltd IPO

Closed

Subscription Details

  • Open Date 14 Sep
  • Close Date 20 Sep
  • Lot Size 1600
  • IPO Size ₹ 49.5 Cr
  • IPO Price Range ₹ 75
  • Min Investment ₹ 120000

Radhika Jeweltech Ltd IPO Timeline

Open Date
14 Sep
Close Date
20 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 66,00,000 equity shares of face value of Rs. 10/- each of Radhika Jeweltech Limited (RJL or the Company or the Issuer) for cash at a price of Rs. 75 per equity share including a share premium of Rs. 65 per equity share (the issue price) aggregating to Rs. 49.50 crores (the issue), of which 3,31,200 equity shares of face value of Rs. 10 eachat a price of Rs. 75 per equity share including a share premium of Rs. 65 per equity share aggregating to Rs. 2.48 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 62,68,800 equity shares of face value of Rs. 10 each at a price of Rs. 75 per equity share aggregating to Rs. 47.02 crores is herein after referred to as the ?net issue?. The issue and the net issue will constitute 27.97% and 26.56%, respectively of the post issue paid up equity share capital of our company. The face value of the equity shares is Rs. 10 each and the issue price is 7.5 times the face value.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Radhika Jeweltech Ltd IPO

Contact Information

Address

3-4-5 Raj Shrungi Complex,
Palace Road,
Rajkot, Gujarat 360001

Radhika Jeweltech Ltd IPO Lead Manager

Corporate Strategic Allianz Ltd
Open Demat Account