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IPO Details


Rachana Infrastructure Ltd
Registered Office: 404, 405 4th Floor Angel Comp., Nr. Oassis Hotel Navrangpura, Ahmedabad - 380009, Gujarat
Phone: 91-079-26560327
Email: info@rachanainfra.com
Website: www.rachanainfra.com
Intial public offer of 56,50,000 equity shares of face value of Rs. 10 each of Rachana Infrastructure Limited (RIL or the Company or the Issuer) for cash at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share (the Issue Price) aggregating to Rs. 76.28 crores (The Offer) comprising of fresh issue of 28,25,000 equity shares of Rs. 135 per equity shares aggregating to Rs. 38.14 crores and offer for sale of 28,25,000 equity shares by selling shareholders of Rs. 135 per equity shares aggregating to Rs. 38.14 crores, of which 2,84,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share aggregating to Rs. 3.83 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 53,66,000 equity shares of face value of Rs. 10 each at a price of Rs. 135 per equity share aggregating to Rs. 72.44 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 30.37% and 28.84 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 13.80 times of the face value. Bid can be made for minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
20-May-2022 02-Jun-2022 135.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
()Cr. Lead Managers to the Issue
Project Cost 38.39 Interactive Financial Services Ltd
Project Financed through Current Offer 76.28
Post Issue Equity Share Capital 18.61
Issue Price 135.00
Projects
Repayment of secured loans
Long term working capital requirement
General corporate purposes
Promoted By
Girishkumar Raval
Bhaminiben Mehta
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

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84,431.95 1,247.15 (1.50%)

Nifty

25,723.70 307.90 (1.21%)

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