Issue Price: Rs. 56 - Rs. 64 Per Equity Share
Issue Detail:
»» Issue Open: Dec 08, 2010 - Dec 10, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 11,500,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 64.40 - 73.60 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 56 - Rs. 64 Per Equity Share
»» Minimum Order Quantity: 100 Shares
Allotment Status: http://mis.karvycomputershare.com/ipo/
Subscription Details:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total Shares Offered / Reserved 5,750,000 1,725,000 4,025,000 11,500,000 Day 1 - Dec 08, 2010 17:00 IST 0.0000 0.9700 0.5200 0.3300 Day 2 - Dec 09, 2010 17:00 IST 0.0000 1.8100 0.7200 0.5200 Day 3 - Dec 10, 2010 17:00 IST 0.1500 7.3100 3.0100 2.2200
Objects of the Issue:
The Objects of the issue are:
1. Expansion in the unit by inc. in existing capacity;
2. To part finance the marketing & corporate branding;
3. To part finance incremental working capital request;
4. To part finance the general corporate expenses.
Incorported in 1993, Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products. Company markets its brands mainly in the south Indian region covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union territory of Pondicherry.
The company's mother plant is located in Puducherry. The Factory has a capacity to produce 1.43 million cases per annum. RKDL has also entered into tie-ups with CGEVF France for production of Brandy and with JBB (Greater Europe) Plc for the production of Scotch Whisky. RKDL is also having tie-up arrangement with various leading liquors companies of India like Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd.and Mondovi Distilleries & Breweries Pvt. Ltd.
Company's popular brands are 8 PM Rare Whisky, White field Brandy, Radico Gold VSOP Brand, 8PM Excellency Brandy, Brihans Grape VSOP Brand, 8PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy and Mens Choice Fine Whisky.
Company Promoters:
Mr. R.V.Ravikumar, age 54 years, is the founder promoter & Managing Director of the Company.
Register To Reply