RCL Retail Ltd IPO

Closed

Subscription Details

  • Open Date 27 Sep
  • Close Date 01 Oct
  • Lot Size 10000
  • IPO Size ₹ 5.8 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000

RCL Retail Ltd IPO Timeline

Open Date
27 Sep
Close Date
01 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 57,95,000 equity shares of Rs. 10/- each (Equity Shares) of RCL Retail Limited (RCL or The Company or The Issuer) for cash at a price of Rs. 10/- per share (The Issue Price), aggregating to Rs. 5.80 crores (The Issue). The issue comprises promoters contribution of 21,05,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 2.11 crores (Promoters Contribution) and 6,15,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 0.62 crores, which will be reserved for subscription by market makers to the issue (The Market Maker Reservation Portion) and Net Issue to the public of 30,75,000 equity shares of Rs. 10 each at a price of Rs. 10 each per equity share aggregating to Rs. 3.08 crores (hereinafter referred to as the Net Issue). The Issue will constitute 47.11% of the post issue paid up equity share capital of the company and the net issue will constitute 25.00%, of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- each and the issue price is 1 (One) time or at par 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 RCL Retail Ltd IPO

Contact Information

Address

Sapna Trade Centre 10th Floor,
10B/2 No 109 P H Road,
Chennai, Tamil Nadu 600084

RCL Retail Ltd IPO Lead Manager

Guiness Merchant Bankers Pvt Ltd
Open Demat Account