Incorporated on December 8, 1980 Ruchira Papers Limited is an India-based company engaged in the manufacturing of Kraft Paper. The Company uses agro wastes like wheat straw, bagasse and sarkanda as the main raw materials. Along with these wastes, some quantities of hessian rags and waste paper are also used depending upon requirement of paper to be manufactured. The Company's factory is located at Village Kala-Amb of District Sirmaur in Himachal Pradesh. It has a production capacity of 52,800 tons per annum (TPA).
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Finance setting up of a new Writing & Printing Paper Plant alongwith Chemical Recovery Plant;
2. Generation Power Plant;
3. Mobilise Funds for general corporate purposes;
4. Meet the expenses of this Issue; and
5. Achieve benefit of listing of the Equity Shares on the Stock Exchanges;
6. Net Tangible Assets to be created after the issue is Rs 13562.70 Lacs (after deduction of Issue Expenses) which is 98.29% of total project cost.
IPO Opening Date | Nov 23, 2006 |
IPO Closing Date | Nov 29, 2006 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹21 to ₹23 per equity share |
Market Lot | |
Min Order Quantity | |
Listing At | BSE, NSE |
Issue Size | 10,217,000 Eq Shares of ₹10 (aggregating up to ₹23.50 Cr) |
Listing Date | Wednesday, December 20, 2006 |
BSE Script Code | 532785 |
NSE Symbol | RUCHIRA |
Listing In | B1 |
ISIN | INE803H01014 |
IPO Price | ₹23 per equity share |
Face Value | ₹10 per equity share |
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Ruchira Papers Limited
Ruchira Papers Limited,
Trilokpur Road, Kala-Amb,
District Sirmour, Himachal Pradesh, India
Phone: +91-1702-238654
Email: ipo@ruchirapapers.com
Website: http://www.RuchiraPapers.com
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: rplipo@IntimeSpectrum.com
Website: http://www.linkintime.co.in
Ruchira IPO is a main-board IPO of 10,217,000 equity shares of the face value of ₹10 aggregating up to ₹23.50 Crores. The issue is priced at ₹21 to ₹23 per equity share. The minimum order quantity is .
The IPO opens on Nov 23, 2006, and closes on Nov 29, 2006.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Ruchira IPO opens on Nov 23, 2006 and closes on Nov 29, 2006.
Ruchira IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Ruchira 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 Ruchira IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ruchira IPO allotment status.
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I HAVE applied Ruchira papers Ltd ipo with Bid cum appln no.11381584 / ECS INT.NO.3003850. As on date the refund amount has not credited to my SB ACCOUNT AT MY bank.Please verify and arrange the refud amount without further
delay.
Yours faithfully,
K.R.Bhattar.
H.NO.2-2-23/5,SBH colony,
Bagh AMBERPET,hyderabad-500013 K.R.BHATTAR