Initial public offering of 19,292,604 equity shares* of face value of
Rs. 5 each ("Equity Shares") of Rrashi Peripherals Limited (The "Company" or the "Issuer") for cash at a price of Rs. 311 per equity share including a share premium of Rs. 306 per equity share (the "Offer Price") aggregating up to Rs. 600.00 crores** (the "Offer"). The offer will constitute 29.28% of the post-offer paid-up equity share capital of the company.
*Subject to finalisation of the basis for allotment.
**The company, in consultation with the brlms, has undertaken a pre-ipo placement of equity shares aggregating to Rs. 150.00 crores. The size of the fresh issue has been reduced by Rs. 150.00 crores pursuant to the pre - ipo placement. Accordingly, the revised fresh issue size is up to Rs. 600.00 crores.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Feb-2024
09-Feb-2024
₹ 311.00
₹ 0.00
Minimum Application for shares in Nos : 48.0
Further Multiples of : 48.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
554.14
ICICI Securities Ltd
Project Financed through Current Offer
600.00
Post Issue Equity Share Capital
32.95
Issue Price
₹311.00
Projects
Prepayment or scheduled re-payment of all or portion of certain outstanding borrowings availed by the company
Funding working capital requirements of the company