The Price Band for RDB Rasayans IPO is fixed at Rs.72/- to Rs.79/- per equity share. The Price Band fixed is 7.2 times of the Face Value at the lower end and 7.9 times of the Face Value at the upper end. Correspondingly, the bid lot or the minimum order quantity would be 80 Equity Shares and in multiples thereof
RDB Rasayans Ltd is a packaging material manufacturer, engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and and various woven polymer based products like container liners, protective irrigation system, canal liners, etc.
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RDB Rasayans Limited, a Packaging material manufacturer, is entering capital market with a public issue of 45,00,000 Equity Shares on September 21, 2011. RDB is engaged in the business of manufacturing and selling of FIBC (jumbo bags) and woven sacks and various woven polymer based products like container liners, protective irrigation system, canal liners, etc.
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