RKDL IPO open today

RKDL IPO open todayIPO of Ravi kumar Distillerie, has began (today) for subscription. The firm provides 115 lakh shares via Initial public offering, that has a price band of Rs 56 to 64 per share.

RKDL goals to improve close to Rs 64.40-73.60 crore via the IPO, which is going to be carried out by a book building process.

IPO Proceed’s through the issue will be utilized for development in unit through increase in current capability as well as installing of redistillation plant; partly funding the marketing as well as corporate branding expenditures; partly loans step-by-step working capital requirements

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