Richa Knits Limited IPO (Richa Knits IPO) Detail

Sep 13, 2006 - Sep 19, 2006

Richa Knits Ltd., a leading manufacturer of knitted fabrics and readymade garments, is entering the capital market with an offer of 90,00,000 equity shares of Rs.10 each for cash at a premium of Rs.20 per equity share aggregating to Rs.27 cr. to part finance the expansion in all the existing segments of Knitting, Dyeing & Processing and Garment manufacturing. The Rs.63 cr. expansion project is appraised by Indian Overseas Bank (IOB) and funded by way of a Term Loan of Rs.33 cr. the issue opens on Wednesday, 13th September and closes on Tuesday, 19th September'06.

Richa Knits is a Rs.45 cr. multi-divisional, integrated textile company with facilities for knitting of fabric, dyeing & processing of knitted fabrics and manufacture of garments for the domestic and export markets. The company has a 'state- of-the-art' laboratory facility for developing shades, fastness of colour, fabric quality and adopts stringent quality checks at each step pf manufacturing process.

Richa Knits IPO Details

IPO Date Sep 13, 2006 to Sep 19, 2006
Listing Date Thursday, October 12, 2006
Face Value ₹10 per share
Price ₹30 per share
Lot Size
Issue Size7,500,000 shares of ₹10
(aggregating up to ₹22.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE
The name of the company has been changed to Richa Industries Limited.

Richa Knits IPO Prospectus

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Richa Knits IPO Listing Date

Listing Date Thursday, October 12, 2006
BSE Script Code 532766
NSE Symbol
Listing In
ISIN INE516H01012
IPO Price ₹30 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Richa Knits Limited
Richa Knits Limited,
Plot no. 5, Sector 7, IMT Manesar,
Gurgaon - 122050
Phone: +91-124-2290703

Richa Knits IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

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Richa Knits IPO FAQs

Richa Knits IPO is a main-board IPO of 7,500,000 equity shares of the face value of ₹10 aggregating up to ₹22.50 Crores. The issue is priced at ₹30 per share. The minimum order quantity is .

The IPO opens on Sep 13, 2006, and closes on Sep 19, 2006.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

The Richa Knits IPO opens on Sep 13, 2006 and closes on Sep 19, 2006.

Richa Knits IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Richa Knits 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 Richa Knits IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Richa Knits IPO allotment status.

The Richa Knits IPO listing date is on Thursday, October 12, 2006.
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Richa Knits IPO Message Board

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10. Vilyamrk |   Link |Aug 2, 2007 11:18:41 AM
Hello! great idea of color of this siyte!
9. S.L.Kalra |   Link |Nov 29, 2006 9:26:04 PM
I am holding 662 shares of Richa Knits. I believed in ICICI DMat rating for Richa Knits and applied in IPO and stuck now. Presently it is trading at around Rs. 19/-. What to do? Neither any announcement or present quarter results from Richa Knits.
8. Sriram |   Link |Nov 22, 2006 10:55:42 AM
Can anobody tell me whether i should hold it or sell it at the current price
7. Chitranjan kumar |   Link |Nov 14, 2006 4:34:58 AM
I have not recieved Allotment advice cum allotment due money notice. I was alloted 442 shares of Richa Knits. What to do.
6. Dhananjay |   Link |Oct 14, 2006 7:06:55 AM
In addition to the BSE circular below…The payment has to be made either by cheque or demand only at the designated branch of the Bank as listed below.

This payment cannot be made through on line through (ICICIDirect or any other sites).
5. Dhananjay |   Link |Oct 14, 2006 6:56:30 AM
BSE circular for paying remaining amount:

Shareholders may please note that as mentioned in the Allotment advice cum allotment due money notice, the balance allotment due money @ Rs.15/- per equity share for the partly paid up shares has to be paid latest by October 30, 2006. The Shareholders may also kindly note that revised details of the designated collection centers for acceptance of the balance allotment due money as given below has been communicated separately to the individual shareholders vide our letterdated 5.10.2006.

ICICI Bank Limited: Ahmedabad (JMC House), Anand (Vallabh Vidyanagar), Agra (Sanjay Place), Amritsar (Lawrence Road), Allshabad (Sardar Patel Mang), Bangalore (Commissariat Road), Bhopal (Alankar Palace Near Pragati Petrol Pump), Bhubaneshwar (Opp Sriya Talkies), Bhavnagar (Waghawadi Road), Belgaum (Tilakwadi), Channai (Uthamar Gandhi Salai, Nungambakkam High Road), Cochin (M.G.Road), Coimbatore (Trichy Road), Chandigarh (Sector 9-D), Delhi (Connaught Place), Dehradun (Rajpur Road, Dilaram Bazar), Faridabad (SCF No. 58, Sector 15), Gandhidham (Plat No 341, Ward 12/13), Guntur (Lakshmipuram Main Road), Gurgaon (HUDA Shopping Centre, Sector-14), Gowahati (Shanti Complex, G S Road), Hubli (Travellers Bungalow Road), Hyderabad (TGV Mansions, Opp. Institution of Engineers), Indore (M.G.Road), Jamnagar (P N. Marg), Jaipur (Subhash Marg, Near Ahimsa Circle), Jalandhar (G.TRoad), Jodhpur (Bhansali Complex, Residency Road), Kanpur (J.S Towers), Kolkatta (R N Mukherjee Road), Kota (Jhalawar Road), Lucknow ( M G Road), Ludhiana (Feroze Gandhi Market), Mangalore (Panje Mangesh Rao Road), Meerut (Hapur Road), Mysore (Aishwarya Arcade, 9th Cross, Kalidasa Road), Mumbai (30, Mumbai Samachar Marg), Nagpur (Palm Road), Noida (Sector 18, Gautam Buddh Nagar), Nasik (Utility Centre, Sharanpur Road), Patna (Exihibition Road), Panaji (Swami Vivekanand Road), Pune - Bund Garden, Raipur (Choubey Colony, G. E. Road), Rajkot (Babubhai Shah Marg), Ranchi (Main Road near Ratanlal Petrol Pump), Surat (Lal Bungalow, Athwa Lines), Trichur (Shornur Road), Udaipur (Madhubani, 2-C), Vadodara (Race Course Circle), Vapi (VIA House, GIDC cross Roads), Valsad (Tithal Road), Varanasi (Gyanvapi Chowk), Vishakapatnam (Dwarkanagar), Vijayawada (M G Road), Thiruvanthopuram (M G Road) HDFC Bank Ltd: Himatnagar (Durga Oil Mill Compound), Kapurthala (Mall Road), Phagwara (G.T Road), Ankleshwar (S A Motors Building), Bharuch(Near Octroi Naka, Link Road), Daman (Teen Batti), Mehsana (Near Raj Kamal Petrol Pump), Navsari (Station Road, Sandh Kuva)
4. Dhananjay |   Link |Oct 12, 2006 8:12:17 PM
Richa Knits is listing on BSE on Thrusday October 12, 2006
3. Sridhar |   Link |Oct 6, 2006 2:14:06 AM
When will this issue get listed? How much premium can be expected?
2. Santosh Nair |   Link |Sep 27, 2006 8:36:10 PM
when will Richa Knits declare its allotment. When will it be getting listed on bse.
1. Vinod Bijlani |   Link |Sep 20, 2006 10:18:26 AM
Is there a way to find out the current subscription for Richa Knits?