Rajputana Stainless ipo

Rajputana Stainless new ipo listing

Rajputana Stainless plans to enter capital markets– for setting up power plant and business expansion. Rajputana has filed DRHP (Draft Red Herring Prospectus) with the SEBI(Securities and Exchange Board of India) for Rs 108 crore initial public offer.

The company has stainless steel manufacturing unit (annual installed capacity 40,000 MT) and has an in-house bright bar manufacturing unit(annual installed capacity 3,600 MT). Rajputana Stainless will use issue proceed for upgrading various existing and proposed manufacturing facilities at Kalol and setting up of Wind Energy unit.

Rajputana manufacturing RCS, wire rods, hexagon, high quality stainless steel billets, square, black & bright bars in various grades and sizes.

Aryaman Financial Service, Nirbhay Capital Services and Adroit Corporate Services are the book-running lead managers to the issue – new ipo listing.

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Definition For Lock In Profits

Definition For Lock In Profits Realizing the profits of a position, like buying a share, through exiting at a gain. By locking in, that part of the investment is not ...…

Cut Off Price Meaning

Cut Off Price Meaning In the Book building issue, the issuer is needed to show either the floor price or price band in the red herring prospectus. The actual ...…

Delisting of securities

Delisting of securities The word 'Delisting of securities' indicates permanent elimination of securities of a listed firm from a stock exchange. As a result of delisting, the securitie's ...…

Foreign Institutional Investors In India

Foreign Institutional Investors In India Foreign capital flows have come to be acknowledged as one of the significant sources of funds for economies that would like to raise at a ...…

Public Provident Fund

Public Provident Fund Public Provident Fund: long-term savings device which has a maturity period of 15 yrs and interest payable at 8 percent per year compounded yearly. A ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics