Rangoli Tradecomm Ltd IPO


IPO Details

  • Open Date 09-Mar-21
  • Close Date 12-Mar-21
  • Lot Size 600
  • IPO Size ₹ 45.15 Cr
  • IPO Price Range ₹ 207
  • Min Investment ₹ 124200
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Initial public issue of up to 21,81,000 equity shares of face value of Rs. 10 each (equity shares) of Rangoli Tradecomm Limited (the company or the issuer) for cash at a price of Rs. 207 per equity share (the issue price), (including a premuim of Rs. 197 per equity share), aggregating Rs. 45.15 Crores (the issue), of which 1,11,600 equity shares of face value of Rs. 10 for cash at a price of Rs. 207 each aggregating Rs. 2.31 Crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Issue of 20,69,400 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 207 per equity share, aggregating to Rs. 42.84 Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.47% and 25.11% respectively of the post issue paid up equity share capital of the company. The Face value of the Equity Shares is Rs. 10.00/- each and The Issue Price of Rs. 207.00/- each. The Issue Price is 20.70 times of the face value of the equity shares.

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 Rangoli Tradecomm Ltd IPO

Contact Information

2n Floor FL 2-A LP-7/17/0,
12 Pathak Para Road,
Kolkata, West Bengal 700060

Rangoli Tradecomm Ltd IPO Lead Manager

Fedex Securities Pvt Ltd