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R & B Denims Ltd IPO (R & B Denims IPO) Detail

March 28, 2014 - April 4, 2014

R & B Denims IPO is a fixed price issue of Rs 3.71 crores.

R & B Denims IPO bidding started from March 28, 2014 and ended on April 4, 2014. The shares got listed on BSE SME on April 22, 2014.

R & B Denims IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Hem Securities Limited is the book running lead manager of the R & B Denims IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to R & B Denims IPO RHP for detailed information.

R & B Denims IPO Details

IPO Date March 28, 2014 to April 4, 2014
Listing Date April 22, 2014
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size3,710,000 shares
(aggregating up to ₹3.71 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue10,284,688
Share holding post issue13,994,688
Market Maker portion190,000 shares

R & B Denims IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

R & B Denims IPO Promoter Holding

The promoters of the company are:

1. Mr Rajkumar Borana
2. Mr AmitKumar Dalmia
3. Mr Deepak Dalmia
4. Mr Ankur Borana

Share Holding Pre Issue 56.95%
Share Holding Post Issue 41.85%

About R & B Denims Ltd

Incorporated in 2010, R & B Denims Ltd is engaged in denim textile production and marketing. Company's products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.

These are the main products manufactured under the umbrella of “R & B Denims”, along with others fancy yarn play in weft patterns in different weave designs. All of these, in various chemical and mechanical finishes. R & B Denims has a production capacity of more than 20 million meters per annum.

Key Performance Indicator

Objects of the Issue (R & B Denims IPO Objectives)

The Objects of the Issue are as follows:

1. To reduce overall indebtedness of the Company by partial repayment of the outstanding Term Loan from Bank of India.
2. To Meet the Issue Expenses.

R & B Denims IPO Review (Avoid)

[Dilip Davda]  

The issue that has entry barrier as well is not worth for average investors.

Read detail review...

R & B Denims IPO Prospectus

R & B Denims IPO Rating

11
2.5
Rating:Rated 2.5 stars
Vote Here ...

R & B Denims IPO Listing Details

Listing Date April 22, 2014
BSE Script Code 538119
NSE Symbol
ISIN INE012Q01013
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹10.55
₹10.55
₹11.05
₹11.05

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R & B Denims Ltd Contact Details

R & B Denims Ltd
Block No. 467,
Sachin Palsana Road,
Palsana, Surat-394315, Gujarat.
Phone: +91-9601281648
Email: compliance@rnbdenims.com
Website: http://www.rnbdenims.com

R & B Denims IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

R & B Denims IPO - Buy or Not

R & B Denims IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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R & B Denims IPO FAQs

R & B Denims IPO is a SME IPO of 3,710,000 equity shares of the face value of ₹10 aggregating up to ₹3.71 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on March 28, 2014, and closes on April 4, 2014.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The R & B Denims IPO opens on March 28, 2014 and closes on April 4, 2014.

R & B Denims IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in R & B Denims IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for R & B Denims IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the R & B Denims IPO allotment status.

The R & B Denims IPO listing date is on April 22, 2014.
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R & B Denims IPO Message Board

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4 Comments

3. DURAISWAMY |   Link |  Bookmark |April 22, 2014 3:22:06 PM
LISTED TODAY (22.04.14) BREACHED UPPER CIRCUIT LIMIT OF Rs.11.05
2. arvind thakkar |   Link |  Bookmark |April 12, 2014 10:51:24 AM
I HAVE RECEIVED SMS FOR FULL ALLOTMENT TODAY.HOPE LISTING ON 15/16/17 APRIL, 2014
2.1. DURAI GOUNDER |   Link |  Bookmark |April 13, 2014 1:33:15 PM
CONFIRM THE CORRECT DATE
1. thiru kumaran |   Link |  Bookmark |April 1, 2014 1:04:23 PM
WHEE I CAN GET SUBSCRIPTION DETAILS... IS THERE ANY LISTING GAINS IN THIS IPO.. ANY IDEA CAN ANYBODY SHARE''''''''''