Rajeshwari Cans Limited IPO (Rajeshwari Cans IPO) Details

Rajeshwari Cans Limited

Rajeshwari Cans Limited IPO (Rajeshwari Cans IPO) Details

Rajeshwari Cans Limited IPO (Rajeshwari Cans IPO) Details: This company primarily manufactures round-printed tin containers of various sizes for packaging material and also conducts printing work on them. Tobacco makers and paint manufacturers use the company’s tin cans. It produces containers ranging in size from 50 gm to 500 gm for the packaging of cigarette products, as well as containers ranging in size from 5 liters for the paint industry. It has manufacturing units in Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate, where it performs all manufacturing operations.

Rajeshwari Cans Limited IPO Details:

IPO Opening Date March 31st, 2021
IPO Closing Date April 6th, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6,000 Shares
Min Order Quantity 6,000 Shares
Listing At BSE, SME
Issue Size 20,16,000 Eq Shares of ₹10
(aggregating up to ₹4.03 Cr)

Rajeshwari Cans Limited IPO Details:

This company primarily manufactures round-printed tin containers of various sizes for packaging material and also conducts printing work on them. Tobacco makers and paint manufacturers use the company’s tin cans. It produces containers ranging in size from 50 gm to 500 gm for the packaging of cigarette products. However, the issue is going to be opened on the 31st of March and it will be closed on the 6th April 2021. Hence, the face value is Rs. 10/- per equity share. But, the IPO price is Rs. 20 per share. However, the minimum market lot is set at 6,000 shares per lot. Moreover, the minimum order quantity for buying is 6,000 shares. Further, the stock listing at BSE, SME. Similarly, the issue of Equity shares is Rs. 10/- aggregating up to Rs. ₹4.03 Crores.

Objects of the Issue:

    • Meeting the incremental working capital requirement of the business.
    • General corporate purposes.

Prospectus Documents:

Rajeshwari Cans IPO DRHP

Company Contact Information:

Rajeshwari Cans Limited
96, Mahagujarat, Industrial Estate, Moraiya
Ta: Sanand, Ahmedabad -382210

Phone: 079-29796584
Email: rcl2gov@gmail.com
Website: http://www.rajeshwaricans.com/

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