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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.
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 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 Size | 5,795,000 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 |
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 |
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...
| 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 |
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RCL Retail Limited
84/85, Walltax Road,
II Floor,
Chennai-600 003
Phone: +91-44-2534 5283
Email: cs@rclretail.com
Website: http://www.rclretail.com
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
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.
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