Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Thu, Sep 27, 2012 - Mon, Oct 1, 2012
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 27, 2012
IPO Close
Mon, Oct 1, 2012
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹12.30 Cr
| IPO Date | 27 Sep to 1 Oct, 2012 |
| Listed on | Tue, Oct 16, 2012 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 58,00,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 6,15,000 shares Guiness Securities Ltd. (agg. up to ₹0.6150 Cr) |
| Reserved for Private Promoter | 21,05,000 shares (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 30,80,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 30,80,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 65,00,000 shares |
| Share Holding Post Issue | 1,23,00,000 shares |
| BSE Script Code | 534708 |
| ISIN | INE892L01019 |
RCL Retail IPO comprises a total issue size of 36,90,000 shares. The net offer to the public is 9,70,000 shares, after excluding 27,20,000 shares allotted on a firm basis. Of the Net offer 15,37,500 (50.00%) allocated to NII 15,37,500 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 15,37,500 | 50.00% | 41.67% |
| Retail Shares Offered | 15,37,500 | 50.00% | 41.67% |
| Firm Reservations | |||
| Market Maker Shares Offered | 6,15,000 | 16.67% | |
| Private Promoter Shares Offered | 21,05,000 | 57.05% | |
| Total Shares Offered | 36,90,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| Total | 6.81 |
| KPI | |
|---|---|
| RoNW | 1.33% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 10.3% | 22.56% |
| Market Cap | ₹12.30 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.30 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.07 |
| 4 | Regulatory & other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.10 |
| Low | ₹10.10 |
| High | ₹10.45 |
| Last Trade | ₹10.45 |
Lead Manager Reports
RCL Retail IPO is a SME IPO of 58,00,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Sep 27, 2012, and closes on Mon, Oct 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 Thu, Sep 27, 2012 and closes on Mon, Oct 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 Tue, Oct 16, 2012.
