Issue Price: Rs. 10 Per Equity Share

Issue Detail:
»» Issue Open: Sep 27, 2012 - Oct 01, 2012
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 5,795,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 5.80 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 10000 Shares
»» Minimum Order Quantity: 10000 Shares
»» Listing At: BSE SME

Incorporated in 2010, RCL Retail Limited is engaged in the business of trading of ready to eat snacks, fryums, bakery products, cookies, confectioneries, namkeens, chutneys, mouth-fresheners, juices, mobile food such as vada pav etc. RCL is mainly operate through their two well furnished retail stores located in Chennai.

RCL Retail is planning to setting up a processing unit with the facility of processing food grains, pulses and retailing under brand name of RCL. They also plan to expand their presence in geographically by adding eight (8) retail stores in and around Chennai. At present RCL has presense in southern part of India and they are also planning to expand their business in Rajasthan, Gujarat and North India.

Company Promoters:
The Promoters of our Company are:
1. Mr. Nitesh Lodha
2. Mr. Shreyans Lodha

Objects of the Issue:
The objects of the Issue are to:
1. Setting up of eight (8) new retail outlets;
2. Setting up a food grain processing unit;
3. Strengthen supply chain management;
4. General corporate expenses; and
5. Meet the expenses of the Issue.