RCL Retail Limited IPO (RCL Retail IPO) Detail

Sep 27, 2012 - Oct 1, 2012

Incorporated in 2010, RCL Retail Limited is engaged in the business of trading of ready to eat snacks, fryums, bakery products, cookies, confectioneries, namkeens, chutneys, mouth-fresheners, juices, mobile food such as vada pav etc. RCL is mainly operate through their two well furnished retail stores located in Chennai.

RCL Retail is planning to setting up a processing unit with the facility of processing food grains, pulses and retailing under brand name of RCL. They also plan to expand their presence in geographically by adding eight (8) retail stores in and around Chennai. At present RCL has presense in southern part of India and they are also planning to expand their business in Rajasthan, Gujarat and North India.

Objects of the Issue

The objects of the Issue are to:

1. Setting up of eight (8) new retail outlets;
2. Setting up a food grain processing unit;
3. Strengthen supply chain management;
4. General corporate expenses; and
5. Meet the expenses of the Issue.

RCL Retail IPO Details

RCL Retail IPO Date Sep 27, 2012 to Oct 1, 2012
RCL Retail IPO Face Value ₹10 per share
RCL Retail IPO Price ₹10 per share
RCL Retail IPO Lot Size 10000 Shares
Issue Size5,795,000 shares of ₹10
(aggregating up to ₹5.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of our Company are:

1. Mr. Nitesh Lodha
2. Mr. Shreyans Lodha

RCL Retail IPO Lot Size

The RCL Retail IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000

RCL Retail IPO Review

Guiness Merchant Bankers Pvt. Ltd. is the sole manager to this IPO and Cameo Corporate Services Ltd. is the registrar to the issue. There are no track records of Merchant Banker as this is their first mandate.

Since the issue is at par and considering the recent development of relaxing FDI in Retail sector, this issue is likely to generate good interest. HNIs can park moderate fund for long term rewards as post issue the paid up capital will get enhanced from Rs. 6.51 crore to Rs. 12.30 crore.

Read detail review...

RCL Retail IPO Prospectus

RCL Retail IPO Rating

Rating:Rated 2.0 stars
Vote Here ...

RCL Retail IPO Listing Date

Listing Date Tuesday, October 16, 2012
BSE Script Code 534708
NSE Symbol
Listing In MT Group of Securities
ISIN INE892L01019
IPO Price ₹10 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

RCL Retail Limited
84/85, Walltax Road,
II Floor,
Chennai-600 003
Phone: +91-44-2534 5283

RCL Retail IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

RCL Retail IPO Review

RCL Retail IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations


RCL Retail IPO is a SME IPO of 5,795,000 equity shares of the face value of ₹10 aggregating up to ₹5.80 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on Sep 27, 2012, and closes on Oct 1, 2012.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The RCL Retail IPO opens on Sep 27, 2012 and closes on Oct 1, 2012.

RCL Retail IPO lot size is 10000 Shares and the minimum order quantity is .

You can apply in RCL Retail IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for RCL Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RCL Retail IPO allotment status.

The RCL Retail IPO listing date is on Tuesday, October 16, 2012.
Open an Instant Account with Zerodha

RCL Retail IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1. Priya Jain |   Link |Oct 1, 2012 9:08:05 AM
The IPO is closing today. I don''t see any comments on this. This is rare. Looks like no interest in this IPO.