Friday, September 16, 2011

RDB Rasayans IPO to open on Sep 21st

RDB Rasayans is entering in the capital markets with an initial public offering, IPO of 45,00,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 72/- at lower level and Rs 79/- at upper level.

RDB Rasayans Ltd, an ISO 9001:2008 certified organization, engaged in manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, etc. PP sacks are mainly used for packing the different products in the fertilizers, cement, polymers, chemicals, textiles, machinery, automobiles and steel industry etc.

The issue opens on Sep 21, 2011 and closes for subscription on Sep 23, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE).

Visit RDB Rasayans IPO page for RDB Rasayans IPO Detail, RDB Rasayans IPO GMP, RDB Rasayans IPO Premium and RDB Rasayans IPO Reviews.