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RCL Retail IPO is a fixed price issue of ₹5.80 crores. The issue is entirely a fresh issue of 0.58 crore shares of ₹5.80 crore.
RCL Retail IPO bidding started from Sep 27, 2012 and ended on Oct 1, 2012. The shares got listed on BSE SME on Oct 16, 2012.
RCL Retail IPO price is ₹10.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares). The minimum lot size investment for HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to RCL Retail IPO RHP for detailed Information.
| IPO Date | September 27, 2012 to October 1, 2012 |
| Listing Date | October 16, 2012 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 58,00,000 shares (aggregating up to ₹5.80 Cr) |
| Reserved for Market Maker | 6,15,000 shares Guiness Securities Ltd. (aggregating up to ₹0.6150 Cr) |
| Reserved for Private Promoter | 21,05,000 shares (aggregating up to ₹2 Cr) |
| Net Offered to Public | 30,80,000 shares (aggregating up to ₹3.08 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 65,00,000 shares |
| Share Holding Post Issue | 1,23,00,000 shares |
RCL Retail IPO offers total 36,90,000 shares. Out of which 15,37,500 (41.67%) allocated to NII, 15,37,500 (41.67%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 6,15,000 (16.67%) |
| NII (HNI) Shares Offered | 15,37,500 (41.67%) |
| Retail Shares Offered | 15,37,500 (41.67%) |
| Total Shares Offered | 36,90,000 (100.00%) |
RCL Retail IPO opens on September 27, 2012, and closes on October 1, 2012.
| IPO Open Date | Thu, Sep 27, 2012 |
| IPO Close Date | Mon, Oct 1, 2012 |
| Tentative Listing Date | Tue, Oct 16, 2012 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Oct 1, 2012 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2010, RCL Retail Limited is engaged in the business of trading of ready to eat snacks, fryums, bakery products, cookies, confectioneries, namkeens, chutneys, mouth-fresheners, juices, mobile food such as vada pav etc. RCL is mainly operate through their two well furnished retail stores located in Chennai.
RCL Retail is planning to setting up a processing unit with the facility of processing food grains, pulses and retailing under brand name of RCL. They also plan to expand their presence in geographically by adding eight (8) retail stores in and around Chennai. At present RCL has presense in southern part of India and they are also planning to expand their business in Rajasthan, Gujarat and North India.
| KPI | Values |
|---|---|
| RoNW | 1.33% |
The Company RCL Retail IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Setting up of eight (8) new retail stores | 0.69 |
| 2 | Setting up a food grain processing unit | 4.73 |
| 3 | Strengthen supply chain management | 0.39 |
| 4 | General Corporate Purposes | 1.00 |
| 5 | Issue Expenses | 0.50 |
[Dilip Davda] <p>Guiness Merchant Bankers Pvt. Ltd. is the sole manager to this IPO and Cameo Corporate Services Ltd. is the registrar to the issue. There are no track records of Merchant Banker as this is their first mandate.</p> <p>Since the issue is at par and considering the recent development of relaxing FDI in Retail sector, this issue is likely to generate good interest. <strong><span style="text-decoration: underline;">HNIs can park moderate fund for long term rewards</span></strong> as post issue the paid up capital will get enhanced from Rs. 6.51 crore to Rs. 12.30 crore.</p> Read detail review...
| Listing Date | October 16, 2012 |
| BSE Script Code | 534708 |
| NSE Symbol | |
| ISIN | INE892L01019 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.10 |
| Low | ₹10.10 |
| High | ₹10.45 |
| Last Trade | ₹10.45 |
RCL Retail Ltd.
84/85,
Walltax Road,
II Floor,
Chennai, Tamil Nadu, 600003
Phone: +91-44-2534 5283
Email: cs@rclretail.com
Website: http://www.rclretail.com
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
RCL Retail IPO is a SME IPO of 58,00,000 equity shares of the face value of ₹10 aggregating up to ₹5.80 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on September 27, 2012, and closes on October 1, 2012.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in RCL Retail IPO using UPI as a payment gateway. Zerodha customers can apply in RCL Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in RCL Retail IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The RCL Retail IPO opens on September 27, 2012 and closes on October 1, 2012.
RCL Retail IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in RCL Retail 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 RCL Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RCL Retail IPO allotment status.
The RCL Retail IPO listing date is on Tuesday, October 16, 2012.
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