Rajesh Power Services Ltd
Registered Office:
380/3 Siddhi House off C.C. Rd,Navrangpur,
Ahmedabad
-
380006,
Phone : +91 63587 36465
Fax : NA
Initial public offer of upto 47,90,000 equity shares of face value of (Rs) 10 each ("Equity Shares") of Rajesh Power Services Limited (the "Company" or "RPSL" or "The Issuer") for cash at a price of (Rs) 335 per share (including a share premium of (Rs) 325 per equity share) (the "Issue Price"), aggregating to (Rs) 160.47 crores ("The Issue"), comprising of fresh issue of upto 27,90,000 equity shares at (Rs) 335 per equity shares aggregating to
(Rs) 93.47 crores and offer for sale of 20,00,000 equity shares by selling shareholders at (Rs) 335 per equity shares aggregating to (Rs) 67.00 crores. The offer includes a resrvation of upto 2,44,000 equity shares of face value of (Rs) 10 each at a price of (Rs) 335 per equity share aggregating to
(Rs) 8.17 crores for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 45,46,000 equity shares of (Rs) 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 %, respectively of the post issue paid up equity share capital of the company.
Opens On
Closes On
Application
Allotment
25-Nov-24
27-Nov-24
335.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
400
Further Multiples of :
400
(Rs.Cr)
Lead Managers to the Issue
Project Cost
144.97
ISK Advisors Pvt Ltd
Project Financed through Current Offer
160.47
Post Issue Equity Share Capital
18.01
Capital Expenditure
Additional working capital requirements
General corporate purposes
Rajendra Baldevbhai Patel
Kurang Ramchandra Panchal
Kaxil Prafulbhai Patel