Rex Sealing & Packing Industries Ltd IPO |
Registered Office:
A-207 2ndFloor Plot No 711-A,Byculla Services Inds. DK Road
,
Mumbai
-
400027
,
Maharashtra
, India.
Phone :
91-22-40021599 Fax:
Email : compliance@rexseal.com
Website : www.rexseal.com
|
| Initial public offer of 5,99,000 equity shares of (Rs)10 each ("Equity Shares") of Rex Sealing and Packing Industries Limited ("RSPIL" or the "Company") for cash at a price of (Rs)135 per share (the "Issue Price"), aggregating to (Rs)8.09 crores ("The Issue"), consisting of fresh issue of 3,00,000 equity shares aggregating to (Rs)4.05 crores and an offer for sale of 2,99,000 equity shares comprising of 99,000 equity shares by Naresh Nayak, 1,00,000 equity shares by Niranjan Nayak and 1,00,000 equity shares by Manjunath Nayak ("The Promoter Selling Shareholders" or "The Selling Shareholders") aggregating to (Rs)4.04 crores ("Offer for Sale") of which 33,000 equity shares of (Rs)10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 5,66,000 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.98% and 25.50 %, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs)10 and the issue price is 13.50 times of the face value.
Minimum application siza of 1000 equity shares and in Multiples of 1000 equity shares thereafter. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 30-Dec-22 |
04-Jan-23 |
(Rs)135.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
3.66 |
| Aryaman Financial Services Ltd |
|
| Project Financed through Current Offer |
8.09 |
|
| Post Issue Equity Share Capital |
2.22 |
|
| Issue Price |
(Rs)135.00 |
|
|