Raj Rayon Industries Ltd IPO

Closed

Subscription Details

  • Open Date 12 Jan
  • Close Date 18 Jan
  • Lot Size 100
  • IPO Size ₹ 55.25 Cr
  • IPO Price Range ₹ 65
  • Min Investment ₹ 6500

Raj Rayon Industries Ltd IPO Timeline

Open Date
12 Jan
Close Date
18 Jan
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 85,00,000 Equity Shares of Rs. 10/- each for cash at a Price of Rs. 65 per Equity Share aggregating Rs. 55.25 crores (the Issue) by Raj Rayon Limited (Raj Rayon or the Company or the Issuer) out of which 8,50,000 Equity Shares has been reserved for subscription by Permanent Employees of the Company (the Employee Reservation Portion) and 8,50,000 Equity Shares has been reserved for subscription by shareholders of Group Company (the Shareholders of Group Company Portion). The Issue would constitute 49.95% of the Post Issue Paid-up Capital of the Company.

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 Raj Rayon Industries Ltd IPO

Contact Information

Address

Survey No 177/1/3,
Village Surangi Silvassa,
Dadra & Nagar Haveli, Union Territory 396230

Raj Rayon Industries Ltd IPO Lead Manager

Centrum Capital LtdUTI Securities Ltd
Open Demat Account