Retaggio Industries Ltd - IPO

Retaggio Industries Ltd IPO Details

Public issue of 61,98,000 equity shares of face value of Rs. 10.00 each (Equity Shares) of Retaggio Industries Limited (the Company or the Issuer) for cash at a price of Rs. 25.00 per equity share including a share premium of Rs. 15.00 per equity share (the Issue Price) aggregating Rs. 15.50 crores (The Issue) of which 5,64,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 25.00 per equity share including a share premium of Rs. 15.00 per equity share aggregating to Rs. 1.41 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 56,34,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 25.00 per equity share including a share premium of Rs. 15.00 per equity share aggregating to Rs. 14.09 crores (the Net Issue). The issue and the net issue will constitute 39.82% and 36.19 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 2.5 times of the face value of the equity shares.

Objective of issue

Repayment/Prepayment of certain debt facilities. Working capital requirements.

Retaggio Industries Ltd Contact Details

Retaggio Industries Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@retaggioindustries.com

Website - www.retaggioindustries.com