|
Issue Open Date
|
30-Apr-24
|
|
Issue Closing Date
|
03-May-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
73
-
78
|
|
Minimium Application No.
|
1600
|
|
Issue Size (Shares)
|
3840000
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. To meet Working Capital requirements2. General Corporate Purpose
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
747200
|
315945600
|
422.839400428266
|
Qualified Institutional Buyers
|
728000
|
85800000
|
117.857142857143
|
Retail Individual Investors
|
1275200
|
309545600
|
242.74278544542
|
|
|
|
Business Description
We are a customer-centric business driven by a focus on continuing innovation and operational efficiency. We offer our clientswith a wide variety of display and storage racks for commercial as well as industrial purposes. These are manufactured usingqualitative raw materials. This helps in ensuring the durability and optimum strength of the finished products. We also usedifferent grades of Mild steel (Hot rolled coils, cold rolled coils, Galvanised steel coils, PPGI coils, pipes and structuralsections), powder for powder coating, Epoxy, Enamel paints and plastic for packaging as raw material.
|
|
Promoter's Holding
|
|
Total Share Capital
|
9000000
|
|
Offered to Public
|
3840000
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
70.09
|
|
|
|
|
|
|
|
Address |
No 10 Survey No 21/6 A 21/7 A 21/7 B & 21/8 Singanayakanahalli Yelahanka
Bengaluru,
Karnataka,
560064
Phone : 9844486300
Email : cs@racksandrollers.com
Website : https://racksandrollers.com
|
|
Registrar |
Integrated Registrary Management Services Pvt Ltd.-(Formerly Integrated Enterprises (India) Ltd)
30 Ramana Residency 4th Cross Sampige Road Malleswaram Bangalore
|
|
Listed at |
BSE
|
|
Lead Manager |
Oneview Corporate Advisors Pvt Ltd.
|
|
Promoters |
Afzal Hussain Hanif A Khatri Khasim Sait Mohmmad Arif Abdul Gaffar Dor Nuumaan Khasim Syed Azeem
|
|