Issue Open Date
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20-May-22
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Issue Closing Date
|
02-Jun-22
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Application Money
|
100
|
Allotment Money
|
|
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Price Band (Rs.)
|
135
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Minimum Bid Quantity.
|
1000
|
Issue Size (Shares)
|
5650000
|
Market Lot
|
1
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Objective :
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Our Company proposes to utilize the Net Proceeds from the issue towards the following objects:1. Repayment of Secured Loans2. Long term Working capital requirement3. General Corporate Purpose,4. Meeting Public Issue Expenses.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
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Bid For
|
|
Non-Institutional Investors
|
|
4141000
|
|
Qualified Institutional Buyers
|
|
740000
|
|
Retail Individual Investors
|
|
740000
|
|
|
|
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Business Description
We are one of the mid size private sector company engaged in the business of Construction of Road projects onBill of Quantities (BOQ) and EPC basis. In the very initial periods, Our Company got the contracts from theGovernment (Zilla Panchayat) at a very small
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|
Promoter's Holding
|
Total Share Capital
|
13167579
|
Offered to Public
|
5650000
|
Promoter's Holding (Pre-Issue)
|
83.44
|
Promoter's Holding (Post-Issue)
|
66.03
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More..
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Address
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604 Zion Z-one Near Hotel Avalon Off. Sindhubhavan Road Bodakdev
Ahmedabad
,
Gujarat
,
380054
Phone :
079-49172660
Email :
info@rachanainfra.com / rachanainfra404@gmail.com
Website :
www.rachanainfra.com
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Registrar
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Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
|
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Listed at
|
NSE
|
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Lead Manager
|
Interactive Financial Services Ltd.
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Promoters
|
Bhaminiben Mehta Girishkumar Raval
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