Fixed Price IPO | ₹20 Cr | Listed at BSE | Mon, Dec 12, 2005 - Fri, Dec 16, 2005
Radha Madhav CorpLtd IPO is a fixed issue price of ₹20.00 crores. The issue is entirely a fresh issue of 1.00 crore shares of ₹20.00 crore.
Radha Madhav CorpLtd IPO bidding started from Dec 12, 2005 and ended on Dec 16, 2005.
Radha Madhav CorpLtd IPO is set final issue price at ₹20 per share.
UTI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Radha Madhav CorpLtd IPO DRHP for detailed Information.
IPO Open
Mon, Dec 12, 2005
IPO Close
Fri, Dec 16, 2005
Issue Price
₹20 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 12 to 16 Dec, 2005 |
| Listed on | Fri, Jan 6, 2006 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 1,00,00,002 shares (agg. up to ₹20 Cr) |
| Fresh Issue | 1,00,00,002 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 70,90,000 shares |
| Share Holding Post Issue | 1,70,90,002 shares |
| BSE Script Code | 532692 RMCL |
| ISIN | INE172H01014 |
Radha Madhav CorpLtd IPO comprises a total issue size of 1,00,00,000 shares. The net offer to the public is 65,00,000 shares, after excluding 35,00,000 shares under a preferential allotment. Of the Net offer 10,00,000 (15.38%) are allocated to QIB, 27,50,000 (42.31%) allocated to NII 27,50,000 (42.31%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 10,00,000 | 15.38% | 10.00% |
| NII (HNI) Shares Offered | 27,50,000 | 42.31% | 27.50% |
| Retail Shares Offered | 27,50,000 | 42.31% | 27.50% |
| Preferential Reservations | |||
| Employee Shares Offered | 10,00,000 | 10.00% | |
| Other Shares Offered | 25,00,000 | 25.00% | |
| Total Shares Offered | 1,00,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in 2005, Radha Madhav Corporation Limited is engaged in diversified packaging and printing activities, catering to a wide range of industries including FMCG, textiles, pharmaceuticals, food & spices, cosmetics, edible oil, milk & dairy products, coatings, soaps & detergents, and infrastructure.
The company serves public sector units, government organizations, institutions, co-operative unions, and private sector enterprises.
The company’s existing business was formed through the acquisition of the running businesses of three partnership firms — Metro Poly Prints, Radha Madhav Industries, and Mayura Industries — which now operate as Unit I, Unit II, and Unit III respectively.
Radha Madhav Corporation Limited operates manufacturing facilities located at Daman Industrial Estate, Kadaiya, Daman. The company is ISO 9001:2000 certified by TUV Rheinland and utilizes technology-driven manufacturing processes with modern production infrastructure.
Its major customer base includes companies from the milk & dairy products, coatings, FMCG, and textile sectors, which together contribute a significant portion of its revenue. As of the prospectus date, the company had 237 employees.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 |
|---|---|---|
| Assets | 19.07 | 13.53 |
| Total Income | 18.28 | 2.32 |
| Profit After Tax | 1.40 | 0.08 |
| NET Worth | 14.70 | 8.59 |
| Reserves and Surplus | 7.39 | 2.90 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land & Building | 4.01 |
| 2 | Plant & Machinery (Indigenous) | 15.91 |
| 3 | Plant & Machinery (Imported including customs duty under EPCG) | 21.49 |
| 4 | Other Assets incl. Furniture & Fixtures | 0.40 |
| 5 | Contingencies | 2.20 |
| 6 | Preliminary & Pre-operative Expenses | 2.00 |
| 7 | Margin Money for Working Capital | 4.05 |
| Total | 50.06 |
| KPI | Sep 30, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 2.95% | |
| Price to Book Value | 0.96 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 81.08% | 33.64% |
The Radha Madhav CorpLtd IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 8.28 | 1,00,00,000 | 8,28,15,900 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of Lead Manager, Registrar, Legal Advisor, Auditors, Tax Auditors, etc. | 0.30 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.22 |
| 3 | Underwriting Commission, Brokerage & Selling Commission | 0.60 |
| 4 | Advertisement & Marketing Expenses | 0.30 |
| 5 | Other Expenses (incl. Filing Fees, Listing Fees, Depository Charges, etc.) | 0.02 |
| 6 | Contingencies | 0.06 |
| Total | 1.50 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹28.10 |
| Low | ₹24.15 |
| High | ₹30.00 |
| Last Trade | ₹25.10 |
Lead Manager Reports
Radha Madhav CorpLtd IPO is a main-board IPO of 1,00,00,002 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹20 per share. The minimum order quantity is .
The IPO opens on Mon, Dec 12, 2005, and closes on Fri, Dec 16, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Radha Madhav CorpLtd IPO using UPI as a payment gateway. Zerodha customers can apply in Radha Madhav CorpLtd IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Radha Madhav CorpLtd IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Radha Madhav CorpLtd IPO opens on Mon, Dec 12, 2005 and closes on Fri, Dec 16, 2005.
Radha Madhav CorpLtd IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Radha Madhav CorpLtd IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Radha Madhav CorpLtd IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Radha Madhav CorpLtd IPO allotment status.
The Radha Madhav CorpLtd IPO listing date is on .
