Ruchira Papers Ltd IPO


IPO Subscription Details

  • Open Date 23 Nov
  • Close Date 29 Nov
  • Lot Size 250
  • IPO Size ₹ 28.5 Cr
  • IPO Price Range ₹ 23
  • Min Investment ₹ 5750

IPO Synopsis

Public issue of 1,23,91,304 Equity Shares of Rs.10/-each issued for cash at a price of Rs.23/- aggregating to Rs.28.50 Crores (hereinafter referred to as Issue). The issue comprises of promoters contribution of 21,73,913 Equity Shares Rs.10/-each at a price of Rs.23/- each aggregating to Rs.5.00 Crores (hereinafter referred to as the Promoters Contribution) and the net offer to the public of 1,02,17,391 Equity Shares aggregating to Rs.23.50 Crores (hereinafter referred to as Net Issue to Public). The net issue to public would constitute 45.57% of the fully diluted post issue paid up capital of our company. Issue Price is Rs.23/- per equity share of face value of Rs.10/-each The floor price is 2.3 times of the face value

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 Ruchira Papers Ltd IPO

Contact Information

Trilokpur Road,
Kala Amb,
Sirmour, Himachal Pradesh 173030

Ruchira Papers Ltd IPO Lead Manager

A K Capital Services LtdPunjab National Bank

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