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Issue Open Date
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27-Jun-23
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Issue Closing Date
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30-Jun-23
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Application Money
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100
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Allotment Money
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Price Band
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250
-
265
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Minimium Application No.
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56
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Issue Size (Shares)
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13332297
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Market Lot
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1
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Objective
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1. Funding incremental working capital requirements of our Company.2. Funding capital expenditure of our Company.3. Repayment/prepayment, in part or full, of certain of our borrowings.4. Achieving inorganic growth through acquisitions.5. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
3462000
|
155966384
|
45.0509485846332
|
|
Qualified Institutional Buyers
|
6924000
|
626237360
|
90.4444482957828
|
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Retail Individual Investors
|
2308000
|
113599640
|
49.2199480069324
|
|
|
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Business Description
We are one of the leading integrated Electronic Manufacturing Services (“EMS”) and solutions providers (Source: Frost & Sullivan Report) with strong capabilities across the value chain and the entire life cycle of a product. With over two decades of experience in developing high mix, low-to-medium volume highly complex systems, we are a qualified supplier to global OEMs in the aerospace and defence, medical technology and industrial sectors. We are one of the few EMS companies in India catering to highly regulated industries and the largest supplier of EMS services to the aerospace and defence industry by value in India (Source: Frost & Sullivan Report).
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Promoter's Holding
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Total Share Capital
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52866000
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Offered to Public
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13332297
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Promoter's Holding (Pre-Issue)
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92.84
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Promoter's Holding (Post-Issue)
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66.65
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Address |
Plot No 5 G
Survey No.99/1
Mamidipalli Village
G M R Aerospace & Industrial Park
G M R Hyderabad Aviation Sez Limited
Rajiv Gandhi International Airport
Shamshabad
Hyderabad,
Telangana,
500108
Phone : 082-14280000
Email : parvati.ramachandra@cyient.com
Website : www.rangsons.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
JM Financial Ltd.
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Promoters |
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Cyient Ltd
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|
