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Sunday, September 23, 2012

Chennai-based ready-to-eat food retailer RCL Retail is planning to enter capital market with a Public Issue of 57.95 Lakh Equity Shares on September 27, 2012. The issue comprised of promoter's contribution of 21.05 lakh shares and 6.15 lakh shares, which will be reserved for subscription by market makers. Net issue to the public is of 30.75 lakh shares. The issue will close on October 01, 2012.

RCL Retail is engaged in the business of trading of ready to eat snacks, fryums, bakery products, cookies, confectioneries, namkeens, chutneys, mouth-fresheners, juices, mobile food such as vada pav etc.

Stay tuned for more on RCL Retail IPO!

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