| Public issue of 28,80,000 equity shares of Rs. 10/- each fully paid of RCI Industries Limited ("RCI" or The "Company" or The "Issuer") for cash at a price of Rs. 40/- per equity share (The "Issue Price") (including a share premium of Rs. 30/- per equity share aggregating Rs. 11.52 crores (The "Issue") by the company, of which 1,44,000 equity shares of Rs. 10/- fully paid-up each will be reserved for subscription by Market Maker to the issue ("Market Maker Reservation Portion"). The issue less the Market Maker reservation portion i.e. issue of 27,36,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.42% and 25.10%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is Rs. 10/- each. The issue price is Rs. 40/-. The issue price is 4 times the face value.
|