R&B Denims Ltd IPO

Closed

Subscription Details

  • Open Date 28 Mar
  • Close Date 04 Apr
  • Lot Size 10000
  • IPO Size ₹ 3.71 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

R&B Denims Ltd IPO Timeline

Open Date
28 Mar
Close Date
04 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 37,10,000 equity shares of face value of Rs. 10/- each (equity shares) of R&B Denims Limited (R&B or the company or the issuer) for cash at par aggregating to Rs. 3.71 crores (the issue) of which 1,90,000 equity shares of face value of Rs. 10/- each aggregating to Rs. 0.19 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 35,20,000 equity shares of face value of Rs. 10/- at par aggregating to Rs. 3.52 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.51% and 25.15 %, 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. 10/-. The issue price is 1 (one) time of 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 R&B Denims Ltd IPO

Contact Information

Address

Block No 467,
Sachin Palsana Road Palsana,
Surat, Gujarat 394315

R&B Denims Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account