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RDB Rasayans Ltd IPO Current News

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RDB Rasayans IPO subscribed 1.5 times
Thu, 22 Sep 2011 23:10:00 GMT
The IPO from RDB Rasayans, engaged in the manufacturing of packaging material such as PP Tape, PP woven sacks, woven fabrics, industrial woven fabric, PP woven fabrics and PP woven bags, has received good response from investors and was subscribed 1.5 ...

RDB Rasayans Rs 32-cr IPO to open tomorrow
Sun, 18 Sep 2011 17:00:00 GMT
RDB Rasayans, a packaging material manufacturer, plans to enter the capital market on September 21 with an IPO of Rs 32-35 crore. The price band has been fixed at Rs. 72-79 per share. The IPO will open on September 21 and close on September 23. A total of ...

7 cos, others barred for IPO rigging
Wed, 28 Dec 2011 16:59:00 GMT
The violations include inadequate information and inaccurate data in IPO documents, incomplete disclosures made ... The IPOs in which violations were found are PG Electroplast, Brooks Laboratories, RDB Rasayans, Taksheel Solutions, Tijaria Polypipes ...

Sebi Bars RDB Rasayans & Directors from Markets for 4 Years
Fri, 19 Dec 2014 08:06:17 GMT
The Securities and Exchange Board of India (Sebi) found that RDB Rasayans Ltd, a company based in Kolkata, had failed to disclose certain material developments in IPO prospectus and mis-utilising the proceeds from the public issue. In an order today ...

SEBI revokes order barring Rasayans 3 independent directors
Wed, 10 Oct 2012 20:04:01 GMT
SEBI has revoked its interim order barring three independent directors and the company secretary of RDB ... to the IPO. In this regard, SEBI had issued an interim order on December 28, 2011 prohibiting the directors and company secretary of RDB Rasayans ...

Sebi cracks down on firms, i-bankers over IPO irregularities
Wed, 28 Dec 2011 11:59:21 GMT
The seven companies are PG Electroplast Ltd, RDB Rasayans Ltd, Taksheel Solutions Ltd ... has shed at least 22% in the year so far, the exchange’s IPO index has fallen 27%. In the IPO scam that was unearthed in 2005, Sebi found that a group of fictitious ...

SAT seeks final Sebi orders within 2 weeks in IPO cases
Wed, 29 Aug 2012 13:01:00 GMT
While one case is related to investigations by the Securities and Exchange Board of India (Sebi) in the initial public offer (IPO) of RDB Rasayans Limited, the other relates to alleged irregularities in the IPO and trading of the shares of PG Electroplast ...

Sebi cracks down on seven IPOs
Thu, 29 Dec 2011 00:00:00 GMT
The companies include PG Electroplast, Brooks Laboratories, RDB Rasayans, Taksheel Solutions ... and repayment of inter corporate deposits (ICDs). Sebi noted that the IPO proceeds were siphoned off and funds were diverted in the equity markets, in ...

Public offers: Sebi bars 2merchant banks
Fri, 07 Sep 2012 17:00:00 GMT
Sebi’s investigations into RDB Rasayans IPO is primarily focused on disclosures made in the offer documents,the bidding pattern,trading on first day of listing and utilisation of IPO proceeds. In the case of Hyderabad-based Taksheel Solutions,Sebi found ...

Merchant bankers play blame game in IPO scam
Thu, 13 Sep 2012 00:03:00 GMT
Similar orders were passed against PNB Investment Services (Taksheel Solutions IPO) and Chartered Capital and Investment (RDB Rasayans IPO). All these merchant bankers were banned from taking any fresh assignment in December last year. Merchant bankers ...

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