Riddhi Steel & Tube Ltd

- Guiness Corporate Advisors Pvt Ltd

Public issue of 23,40,000 equity shares of Rs.10 each (equity shares) of Riddhi Steel and Tube Limited (RSTL or The Company or The Issuer) for cash at a price of Rs.38 per share (the Issue price), aggregating to Rs. 8.89 crores (The Issue) of which, 1,26,000 equity shares of Rs. 10 each 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. Issue of 22,14,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 28.22% and 26.71%, 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 of Rs. 38/- is 3.80 times of the face value.

  • Issue

    • Opens On02 Sep 2016
    • Closes On07 Sep 2016
  • Money Payable On

    • Application38
    • Allotment0
  • Project Cost (Cr.)8.89
  • Post Issue Equity Share Capital (Cr.)8.29
  • Issue Price (D)38

Further Multiples of: 3000


  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - KFin Techologies Ltd

    83/84 Village Kamod Piplaj Pirana Road Post-Aslali Ahmedabad

    Gujarat- 382427

    Phone - 91-79-29700922

    Fax - 91-79-26768656

    Email - info@riddhitubes.org

    Website - www.riddhitubes.com