Rajeshwari Cans Limited IPO (Rajeshwari Cans IPO) Details

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:
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- Meeting the incremental working capital requirement of the business.
- General corporate purposes.
Prospectus Documents:
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/