Ratnabhumi Developers Limited is Ahmedabad Gujrat based company engaged in real estate and construction business. During the period 2009-2012, our Company completed the project namely Ratna TURQUOISE costing Rs 65.63 Crores. During the period 2012-17, company's main business activities were selling and marketing of its commercial offices and shops constructed in our project Turquoise. Apart from selling and marketing of its commercials offices and shops, we have rented our shops, offices and spaces in our Project Turquoise to corporate clients for their business, commercials, advertisement and installing network equipment.
The Promoters of the Company are Mr. Kaivan Shah and Mrs. Meghna Shah.
The objects of the Issue are:
1. Acquisition of Land/Plot of Land and other strategic Initiatives;
2. Capital Contribution towards 45% stake in Rajul Projects LLP - Project Ratna Artemus II- Paldi, Ahmedabad
3. General Corporate Purpose;
4. Meeting Public Issue Expenses.
|Issue Open||Dec 4, 2017 - Dec 6, 2017|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||3,700,000 Eq Shares of Rs 10 |
(aggregating up to Rs 23.31 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 63 Per Equity Share|
|Market Lot||2000 Shares|
|Min Order Quantity||2000 Shares|
|Listing At||BSE SME|
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