:::LALKAR GROUP::::

Ratnabhumi Developers Ltd

Registered Office: SF 207 Turquoise Panchvati,Panch Rasta EB CG Road, Ahmedabad - 380009, Gujarat, India.
Phone : 91-79-26424209 Fax:
Email : compliance@ratnagroup.co.in
Website : www.ratnagroup.co.in

Public issue of 37,00,000 equity shares of face value of Rs. 10 each of Ratnabhumi Developers Limited ("Ratnabhumi" or the "company" or the "issuer") for cash at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share (the "issue price") aggregating to Rs. 23.31 crores ("the issue"), of which 1,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share aggregating to Rs. 1.18 crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net issue of 35,12,000 equity shares of face value of Rs. 10 each at a price of Rs. 63 per equity share including a share premium of Rs. 53 per equity share aggregating to Rs. 22.13 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 27.01% and 25.64% respectively of the post issue paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
04-Dec-17	06-Dec-17	63.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	23.31	Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer	23.31
Post Issue Equity Share Capital	13.70
Issue Price	63.00

Projects

Acquisition of land/plot of land and other strategic initiatives	Capital contribution towards 45% stake in Rajul Projects LLP-Project Ratna Artemus II- Paldi, Ahmedabad
General Corporate Purpose

Promoted By

Kaivan Shah

Meghna Shah

Listing At

BSE - SME

Registrar to the Issue

No Data Available