Incorporated in 1995, RDB Rasayans Ltd, an ISO 9001:2008 certified organization, engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, etc. PP sacks are mainly used for packing the different products in the fertilizers, cement, polymers, chemicals, textiles, machinery, automobiles and steel industry etc.
RDB Rasayans produces FIBCs of U+2 panel, Circular Jumbo bags, Baffle bags, All panel bags, Conductive FIBC and Static dissipative FIBCs. In addition to FIBC, the Company also manufactures various woven polypropylene products including Small bags, Box woven bags, Roofing underlayment fabric, Courier bags, Ground covers, Silt fence and Geotextiles. The Company offers woven bags and fabrics in both PP and HDPE. Its products are UV stabilized and pre-conditioned against shrinkage.
Promoters of the company are:
1. Mr. Sunder Lal Dugar
2. Mr. Vinod Dugar
3. Ms. Sheetal Dugar
The objects of the Issue are to:
1. To finance the capital expenditure to enhance the manufacturing capacity by 7450 MTPA by establishing the Unit -II;
2. To meet General Corporate Purpose; and
3. To meet Issue Expenses.
IPO Opening Date | Sep 21, 2011 |
IPO Closing Date | Sep 23, 2011 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹72 to ₹79 per equity share |
Market Lot | 80 Shares |
Min Order Quantity | 80 Shares |
Listing At | BSE |
Issue Size | 4,500,000 Eq Shares of ₹10 (aggregating up to ₹35.55 Cr) |
The RDB Rasayans IPO market lot size is 80 shares. A retail-individual investor can apply for up to 31 lots (2480 shares or ₹195,920).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 80 | ₹6,320 |
Maximum | 31 | 2480 | ₹195,920 |
Brickwork has assigned an IPO Grade 2 to RDB Rasayans IPO. This means as per Brickwork, company has ' Below Average Fundamentals'. Brickwork assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read RDB Rasayans IPO Report
The RDB Rasayans IPO is subscribed 1.50x times on Sep 23, 2011 17:00. The public issue subscribed 3.96x in the retail category, 0.00x in the QIB category, and 0.75x in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
QIB | 0.00x |
NII | 0.75x |
RII | 3.96x |
Total | 1.50x |
Listing Date | Friday, October 7, 2011 |
BSE Script Code | 533608 |
NSE Symbol | |
Listing In | B |
ISIN | INE123M01017 |
IPO Price | ₹79 per equity share |
Face Value | ₹10 per equity share |
|
|
RDB Rasayans Ltd
Bikaner Building,
1st Floor, Suite No: 10, 8/1,
Lal Bazar Street, Kolkata
Phone: 91-33-2230 5666
Email: ipo@rdbgroup.in
Website: http://www.rdbgroup.in
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: rdb.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
RDB Rasayans IPO is a main-board IPO of 4,500,000 equity shares of the face value of ₹10 aggregating up to ₹35.55 Crores. The issue is priced at ₹72 to ₹79 per equity share. The minimum order quantity is 80 Shares.
The IPO opens on Sep 21, 2011, and closes on Sep 23, 2011.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.
The RDB Rasayans IPO opens on Sep 21, 2011 and closes on Sep 23, 2011.
RDB Rasayans IPO lot size is 80 Shares and the minimum order quantity is 80 Shares.
You can apply in RDB Rasayans 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 RDB Rasayans IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RDB Rasayans IPO allotment status.
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc