Richa Industries Ltd IPO

Closed

Subscription Details

  • Open Date 13 Sep
  • Close Date 19 Sep
  • Lot Size 180
  • IPO Size ₹ 27 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 5400

Richa Industries Ltd IPO Timeline

Open Date
13 Sep
Close Date
19 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 90,00,000 equity shares of Rs. 10/- each for cash at a premium of Rs.20/- per equity share at a Price of Rs. 30/- per equity share aggregating to Rs.27.00 Crores (the issue) by Richa Knits Limited (the Company or Issuer) including Promoters participation of 15,00,000 Equity shares of Rs.10/- each for cash at a price of Rs. 30/- per equity share (Promoters participation). 7,50,000 Equity shares being 10% of the issue size shall be compulsorily allotted to QIBs. 7,50,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved in the Issue for subscription by NRIs / FIIs and 3,75,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved for Employees. The Net Issue to the Public is 56,25,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share (Net issue). The issue would constitute 43.86% of the fully diluted post issue paid up Equity Capital of the Company. The face value of the share is Rs. 10/- each and the issue price is 3 times 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 Richa Industries Ltd IPO

Contact Information

Address

Plot No 29 DLF Industrial Area,
Phase-II,
Faridabad, Haryana 121003

Richa Industries Ltd IPO Lead Manager

KJMC Global Market (India) Ltd
Open Demat Account