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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