Raghav Productivity Enhancers Ltd IPO

Closed

IPO Subscription Details

  • Open Date 31 Mar
  • Close Date 06 Apr
  • Lot Size 3000
  • IPO Size ₹ 7.49 Cr
  • IPO Price Range ₹ 39
  • Min Investment ₹ 117000

IPO Synopsis

Public issue of 19,20,000 equity shares of face value of Rs. 10.00 each of Raghav Ramming Mass Limited (the company or the issuer) for cash at a price of Rs. 39.00 per equity share (including a share premium of Rs. 29.00 per equity share) (issue price) aggregating to Rs. 7.49 crores (the issue), of which 96,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 39.00 per equity share, aggregating to Rs. 0.37 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 18,24,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 39.00 per equity share aggregating to Rs. 7.11 crores (the net issue). The issue and the net issue will constitute 26.74% and 25.41%, respectively of the 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 is Rs. 39.00. The issue price is 3.9 times of the face value.

How to apply for 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 Raghav Productivity Enhancers Ltd IPO

Contact Information

Address

Office No. 36 4th Flr Alankar,
Plaza Vidhyadhar Nagar,
Jaipur, Rajasthan 302023

Raghav Productivity Enhancers Ltd IPO Lead Manager

Hem Securities Ltd