Wednesday, December 1, 2010

Upcoming IPO - Ravikumar Distilleries Ltd,

Ravikumar Distilleries Ltd (RKDL) is entering in the capital markets with an initial public offering, IPO of 11,500,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 56/- at lower level and Rs 64/- at upper level.

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 issue opens on Dec 08, 2010, and closes for subscription on Dec 10, 2010. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).

IPO Tags:

Ravikumar Distilleries Ltd IPO
Ravikumar Distilleries IPO Allotment
Ravikumar Distilleries IPO Listing