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RDB Rasayans Ltd IPO Current News

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RDB Rasayans IPO subscribed 1.5 times
Fri, 23 Sep 2011 11:10:00 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 ...

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 ...

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 ...

IPO News Alerts
Tue, 01 Nov 2011 17:00:00 GMT
Hello Friend, 1. RDB Rasayans IPO shares will list on Friday, October 07, 2011. Issue price of this IPO has been fixed at Rs 79/- per share. IPO was oversubscribed by 1.50 times (3.96 times in retail) on closing day. RDB Rasayans IPO Listing Date Lis ...

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 ...

Sebi cracks whip on shady IPOs but thats not enough
Sat, 20 Dec 2014 02:46:12 GMT
This is the same address that belonged to a number of allottees in RDB Rasayans IPO. While the issue was open, the company had a crucial meeting where they decided to deploy Rs 20 crore of IPO proceeds for repayment of loans to two specific companies on an ...

Sebi bring in price bands to check fluctuations on IPO listing day
Mon, 23 Jan 2012 07:16:00 GMT
Exactly fifteen years ago, capital market regulator Securities and Exchange Board of India, or Sebi, prescribed no price bands for scrips on the first ... Taksheel Solutions, RDB Rasayans, Onelife Capital Advisors, Brooks Laboratories and PG Electroplast ...

SEBI Bans 7 Companies from Fund Raising for IPO Violation
Wed, 28 Dec 2011 16:17:00 GMT
The seven companies include PG Electroplast (PGEL.NS), Brooks Laboratories (BROO.NS), RDB Rasayans (RDBA.NS), Taksheel Solutions ... These firms have also been ordered to call back some funds from the IPO proceeds and deposit in a commercial bank till ...

Sebi cracks down on seven IPOs
Wed, 28 Dec 2011 18:30:42 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 ...

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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