RO Jewels Limited IPO subscription period from March 12 to March 17, 2020:
The RO Jewels Limited embodied in 2018. The company involved in the wholesale Silver and Gold business. The IPO subscription period starts on 12th March and it will end on 17th March 2020.
|Bid period||March 12 to March 17, 2020|
|IPO Type||Fixed Period Issue|
|IPO Size||1,365,000 Eq shares of Rs 10 (aggregating up to Rs 4.91 cr)|
|Face Value||Rs 10 Per Eq Share|
|IPO Price||Rs 36 Per Eq Share|
|Market Lot||3000 shares|
|Min Order Quantity||3000 Shares|
|Listing At||BSE SME|
It is a ‘Fixed Price Issue’ IPO with the face value of Rs 10 per equity share. The size of the issue is 1,365,000 equity shares with an aggregating up to Rs 4.91 crore. Moreover, the price of the IPO is Rs 36 per equity share.
Mr.Bharat Rasikalal Shah, Mrs. Pravinaben Shah, and Mr. Shubham Bharatbhi Shah act as promoters for this IPO.
|Pre Issue Share Holding||87.38%|
|Post Issue Share Holding||45.2%|
The minimum amount of investment should be Rs 108,000 for a single lot (1 lot= 3000 shares). The RO Jewels IPO will be listed in BSE SME. The company plans to utilize the raised amount for existing capital requirements, IPO expenses, and general corporate purposes.
KFin Technologies Private Limited
Selenium, Tower B, Plot No. 31 & 32,
Financial District, Nanakaramguda, Serilingampally,
Hyderabad 500032, Rangareddi Telangana, India
Phone: +91 40 6716 2222
Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.