RDB Rasayans Limited, engaged in the manufacturing of packaging material such as PP Tape, PP woven sacks, woven fabrics, industrial woven fabric, PP woven fabrics and PP woven bags, has received good response from investors and was subscribed 1.5 times on the closing day of the IPO
Chartered Capital And Investment Limited is the sole book running lead manager for the Issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE). The Company plans to utilize the proceeds from the IPO to finance the capital expenditure to enhance the manufacturing capacity by establishing another unit besides meeting the issue expenses and general corporate purposes
Friday, September 23, 2011
RDB Rasayans IPO subscribed 1.5 times
Tags
# Bidding status
# IPO News
# IPO Updates
# RDB Rasayans IPO
# RDB Rasayans Limited IPO
# RDG Rasayans Limited IPO
# Retail Bidding Status
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