Ratnabhumi Developers Ltd IPO

Closed

Subscription Details

  • Open Date 04 Dec
  • Close Date 06 Dec
  • Lot Size 2000
  • IPO Size ₹ 23.31 Cr
  • IPO Price Range ₹ 63
  • Min Investment ₹ 126000

Ratnabhumi Developers Ltd IPO Timeline

Open Date
04 Dec
Close Date
06 Dec
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 37,00,000 equity shares of face value of Rs. 10 each of Ratnabhumi Developers Limited (Ratnabhumi or the company or the issuer) for cash at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share (the issue price) aggregating to Rs. 23.31 crores (the issue), of which 1,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share aggregating to Rs. 1.18 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 35,12,000 equity shares of face value of Rs. 10 each at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share aggregating to Rs. 22.13 crores is herein after referred to as the net issue. The issue and the net issue will constitute 27.01% and 25.64% respectively of the post issue paid up equity share 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 Ratnabhumi Developers Ltd IPO

Contact Information

Address

SF 207 Turquoise Panchvati,
Panch Rasta EB CG Road,
Ahmedabad, Gujarat 380009

Ratnabhumi Developers Ltd IPO Lead Manager

Corporate Capitalventures Pvt Ltd
Open Demat Account