6/9/2009 5:30:00 PM
Incorporated in 1994, Rishabhdev Technocable Limited is in the business of cable manufacturing and trading. Company is BS EN ISO 9001:2000 certified by BSI, UK and also IS 694:1990, IS: 1554:1988 Part 1: 1988 by Bureau of Indian Standards.
Company have variety of cables in their product range like Industrial control cables, Hi- Tech- data cables, Process control instrument signal cables, Thermocouple extension and Compensating cables, Computer application, Hi- Bit rate networking cables, Digital data communication cables, Specialty cables and Customized cables. Company manufactures cables up to 1.1 KV for various applications covering various industries like Power and Electrical Distributions and Transmission, Steel and Metal, Cement, Mines and Minerals , Petrochemicals and fertilizers, Paper Mills and Fine chemicals, Hydrocarbon Process Industries, Software Technology IT Park and infrastructure.
Rishabhdev's clients are from diverse industries and include large corporates such as Tata Power Company Ltd., Kalpatru Power Transmission Ltd., Reliance Industries Ltd., Grasim Industries Ltd., Century Enka Ltd., National Thermal Power Corporation Ltd, Welspun Gujarat Stahl Rohren Ltd, Tata Steel Ltd., Siemens Ltd., Sanghi Industries Ltd., Adani Power Limited, Johnson Controls India Pvt. Ltd., Nova Petrochemicals Ltd., Bhabha Atomic Research Centre, Indian Navy and others.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Expansion cum modernization of existing manufacturing facilities (Unit I) at Daman;
2. Setting up of new facilities (Unit II) at Daman for manufacturing Electrical Control Cables;
3. Setting up of new facilities (Unit III) at Silvassa for manufacturing Power cables;
4. Margin Money for working capital Requirements;
5. To meet Public Issue Expenses;
6. General Corporate purposes.
|IPO Opening Date||Jun 4, 2009|
|IPO Closing Date||Jun 9, 2009|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹29 to ₹33 per equity share|
|Market Lot||200 Shares|
|Min Order Quantity||200 Shares|
|Issue Size||6,854,500 Eq Shares of ₹10 |
(aggregating up to ₹22.62 Cr)
The Rishabhdev Technocable IPO market lot size is 200 shares. A retail-individual investor can apply for up to 30 lots (6000 shares or ₹198,000).
The Rishabhdev Technocable IPO is subscribed 7.76 times on 6/9/2009 5:30:00 PM. The public issue subscribed 16.63 in the retail category, 0.23 in the QIB category, and 12.15 in the NII category. Check Day by Day Subscription Details (Live Status)
|Listing Date||Monday, June 29, 2009|
|BSE Script Code||533083|
|Listing In||B Group of Securities|
|IPO Price||₹33 per equity share|
|Face Value||₹10 per equity share|
Rishabhdev Technocable Ltd
53, 1st Fl, Jagat Satguru Ind Estate,
Vishveshwar Nagar Road,
Goregoan (East), Mumbai- 400063
Rishabhdev Technocable IPO is a main-board IPO of 6,854,500 equity shares of the face value of ₹10 aggregating up to ₹22.62 Crores. The issue is priced at ₹29 to ₹33 per equity share. The minimum order quantity is 200 Shares.
The IPO opens on Jun 4, 2009, and closes on Jun 9, 2009.
Mondkar Computers Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Rishabhdev Technocable IPO opens on Jun 4, 2009 and closes on Jun 9, 2009.
Rishabhdev Technocable IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.
You can apply in Rishabhdev Technocable 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 Rishabhdev Technocable IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Rishabhdev Technocable IPO allotment status.
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