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RDB RASAYANS LIMITED IPO
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RDB RASAYANS LIMITED IPO

September 21, 2011 By Leave a Comment
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RDB RASAYANS LIMITED IPO

Issue Open: September 21, 2011
Issue close: September 23, 2011
Price Band: Rs. 72 – Rs. 79 Per Equity Share
Minimum Bid Size: 80 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount  for Retail Investor: Rs. 200000

 

RDB RASAYANS LIMITED:

Incorporated in 1995, RDB Rasayans Ltd, an ISO 9001:2008 certified organization, engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, etc. PP sacks are mainly used for packing the different products in the fertilizers, cement, polymers, chemicals, textiles, machinery, automobiles and steel industry etc.

IPO Grading / Rating: Brickwork has assigned an IPO Grade 2 to RDB Rasayans IPO. This means as per Brickwork, company has ‘ Below Average Fundamentals’.

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