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Ravi Kumar Distilleries Ltd IPO (Ravikumar Distilleries IPO) Detail

December 8, 2010 - December 10, 2010

Ravikumar Distilleries IPO is a book built issue of Rs 73.60 crores.

Ravikumar Distilleries IPO bidding started from December 8, 2010 and ended on December 10, 2010. The shares got listed on BSE, NSE on December 27, 2010.

Ravikumar Distilleries IPO price band is set at ₹56 to ₹64 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹6,400.

Comfort Securities Limited is the book running lead manager of the Ravikumar Distilleries IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Ravikumar Distilleries IPO RHP for detailed information.

Ravikumar Distilleries IPO Details

IPO Date December 8, 2010 to December 10, 2010
Listing Date December 27, 2010
Face Value ₹10 per share
Price Band ₹56 to ₹64 per share
Lot Size 100 Shares
Total Issue Size11,500,000 shares
(aggregating up to ₹73.60 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue12,500,000
Share holding post issue24,000,000

Ravikumar Distilleries IPO Reservation

Ravikumar Distilleries IPO offers 11,500,000 shares. 5,750,000 (50.00%) to QIB, 1,725,000 (15.00%) to NII, 4,025,000 (35.00%) to RII. 40,250 RIIs will receive minimum 100 shares and (sNII) and (bNII) will receive minimum 3,200 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered5,750,000 (50.00%)NA
NII (HNI) Shares Offered1,725,000 (15.00%)
Retail Shares Offered4,025,000 (35.00%)40,250
Total Shares Offered11,500,000 (100%)

Ravikumar Distilleries IPO Lot Size

Investors can bid for a minimum of 100 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) 1 100 ₹6,400
Retail (Max) 31 3100 ₹198,400
Lot Size Calculator

Ravikumar Distilleries IPO Promoter Holding

Mr. R.V.Ravikumar, age 54 years, is the founder promoter & Managing Director of the Company.

Share Holding Pre Issue 100%
Share Holding Post Issue 52.08%

About Ravi Kumar Distilleries Ltd

Incorported in 1993, Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products. Company markets its brands mainly in the south Indian region covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union territory of Pondicherry.

The company's mother plant is located in Puducherry. The Factory has a capacity to produce 1.43 million cases per annum. RKDL has also entered into tie-ups with CGEVF France for production of Brandy and with JBB (Greater Europe) Plc for the production of Scotch Whisky. RKDL is also having tie-up arrangement with various leading liquors companies of India like Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd.and Mondovi Distilleries & Breweries Pvt. Ltd.

Company's popular brands are 8 PM Rare Whisky, White field Brandy, Radico Gold VSOP Brand, 8PM Excellency Brandy, Brihans Grape VSOP Brand, 8PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy and Mens Choice Fine Whisky.

Company Financials

ParticularsFor the year/period ended (in Rs. Lacs)
31-Mar-1031-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income5,023.384,310.303,919.454,238.233,566.77
Profit After Tax (PAT)199.46170.59165.06102.0052.35

Key Performance Indicator

Objects of the Issue (Ravikumar Distilleries IPO Objectives)

The Objects of the issue are:

1. Expansion in the unit by inc. in existing capacity;
2. To part finance the marketing & corporate branding;
3. To part finance incremental working capital request;
4. To part finance the general corporate expenses.


Ravikumar Distilleries IPO Subscription Status (Bidding Detail)

The Ravikumar Distilleries IPO is subscribed 2.22 times on December 10, 2010 5:00:00 PM. The public issue subscribed 3.01 times in the retail category, 0.15 times in the QIB category, and 7.31 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.15
NII7.31
Retail3.01
Total2.22

Ravikumar Distilleries Ltd IPO Grading / Rating

CARE Limited has assigned an IPO Grade 2 to Ravikumar Distilleries Ltd IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Ravikumar Distilleries Ltd.

Ravikumar Distilleries Limited IPO Tags:

Ravikumar Distilleries Ltd IPO, Ravikumar Distilleries IPO, Ravikumar Distilleries Ltd IPO Bidding, Ravikumar Distilleries IPO Allotment Status, Ravikumar Distilleries IPO drhp and Ravikumar Distilleries IPO listing.

Ravikumar Distilleries IPO Rating

438
3.9
Rating:Rated 3.9 stars
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Ravikumar Distilleries IPO Listing Details

Listing Date December 27, 2010
BSE Script Code 533294
NSE Symbol RKDL
ISIN INE722J01012
Final Issue Price ₹64 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹64.00
₹64.00
₹64.00
₹90.30
₹80.05
NSE
₹64.00
₹72.00
₹72.00
₹91.00
₹80.05

Check IPO Performance…

Ravi Kumar Distilleries Ltd Contact Details

Ravi Kumar Distilleries Ltd
No 1 - C Nandit Apartments,
47 Thirumalai Pillai Rd.,
T Nagar, Chennai - 600017, Tamil Nadu, India
Phone: 91-044-28344434
Email: cs@ravikumardistilleries.com
Website: http://www.ravikumardistilleries.com

Ravikumar Distilleries IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: ravikumar.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Ravikumar Distilleries IPO - Buy or Not

Ravikumar Distilleries IPO Recommendation Summary

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

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Ravikumar Distilleries IPO FAQs

Ravikumar Distilleries IPO is a main-board IPO of 11,500,000 equity shares of the face value of ₹10 aggregating up to ₹73.60 Crores. The issue is priced at ₹56 to ₹64 per share. The minimum order quantity is 100 Shares.

The IPO opens on December 8, 2010, and closes on December 10, 2010.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Ravikumar Distilleries IPO opens on December 8, 2010 and closes on December 10, 2010.

Ravikumar Distilleries IPO lot size is 100 Shares, and the minimum amount required is ₹6,400.

You can apply in Ravikumar Distilleries 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 Ravikumar Distilleries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ravikumar Distilleries IPO allotment status.

The Ravikumar Distilleries IPO listing date is on December 27, 2010.
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Ravikumar Distilleries IPO Message Board

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173 Comments

173. Sreedhar |   Link |  Bookmark |January 4, 2011 12:09:14 PM (900+ Posts)
RK,
RK Distilleries story is over.Its not worth even face value.Do not buy it at any price.
172. R K |   Link |  Bookmark |January 4, 2011 10:50:16 AM
Hi Sreedhar, Is thois right proice to enter into Ravikumar distilleries @58?? Plz suggest ....
171. bangalore king |   Link |  Bookmark |December 31, 2010 2:44:52 PM (400 Posts)
RKDL traded amount today is much more than P&S Bank.. shame on P&S IPO itself ! Nobody wants to own it.
170. Sreedhar |   Link |  Bookmark |December 29, 2010 10:11:46 PM (900+ Posts)
Dear Friends,
I have received lot of praise for Ravi IPO call which I feel really awkward & embarrasing since it was a purely personal technical call.Pride hath a fall & some people are ready to pounce on me if I go wrong on even a single call as some people berated me when Hanung hit lower circuit .So friends please desist from praising me.I am more happier sharing my thoughts on board & if someone benefits from them.
169. Sreedhar |   Link |  Bookmark |December 28, 2010 9:56:09 AM (900+ Posts)
Dear Anilg,
RKDL may move to 85 so be careful with the shorts.Are you applying for Shekawathi??
168. Sreedhar |   Link |  Bookmark |December 27, 2010 6:50:48 PM (900+ Posts)
Dear Dhawal K,
Congrats on your profits.I did not appreciate the stock.I gave only intraday suggestion.Ravi is a junk stock.Tomorrow onwards please do not go anywhere near it.
167. Iporaja |   Link |  Bookmark |December 27, 2010 6:00:11 PM
SO OUR PREDICTION COME TRUE ABOUT RAVIKUMAR

PIO OR JIYO

HAVE FUN
166. Dhawal K |   Link |  Bookmark |December 27, 2010 4:01:47 PM
Hi Sreedhar,

Though i didnt apply through IPO, but made handsome profit by buying 500 shares @ 81.05 and sold it @ 88.25. Thanks to u as i got courage as you have appreciated the stock.

Got a advice for Bombay dying from Mitesh Thacker and IFIN @508 and bought 100 shares, Wanted to know your opinion?

Thanks in advance
165. KK Natarajan |   Link |  Bookmark |December 27, 2010 2:43:01 PM (500+ Posts)
Dear Sreedhar,
Congratulations to you and other friends who had applied Ravikumar Distilleries for the handsome profit made. Though I did not apply, I too had a piece of Ravikumar cake, though small, by shorting it twice above 88 and covering it below 85. Your idea about the price movement given yesterday helped me do that. Thanks a lot. I will have the luxury of buying a few kgs of onions and tomatoes today!
164. Santosh. |   Link |  Bookmark |December 27, 2010 1:16:58 PM
Sreedhar R U APLLIED RPP INFRA , CLL,A2ZMES OR NOT... IF U APPLIED SOLD OR NOT,
163. devulapalliC |   Link |  Bookmark |December 27, 2010 1:16:54 PM
i never buy or invest into alcohol or alcohol related stocks even though the returns are tempting to pocket!

162. Ipofinder |   Link |  Bookmark |December 27, 2010 11:52:41 AM
keep strict stop loss of 80, those who are still holidng
Congrats for such a super listing, Coal India records have been broken by Ravi
161. Sreedhar |   Link |  Bookmark |December 27, 2010 11:46:53 AM (900+ Posts)
Sold ravikumar distilleries.Satisfied with the profit.Congrats to super duper profits for all who have applied
160. Maddanna |   Link |  Bookmark |December 27, 2010 10:47:12 AM
REC is a good stock.. I am keep buying every decline.. i started from 298 and holding 100 shares..Broker recommended to BUY..even i don;t know why it is going down.. FII's favourite stock..
159. triple hhh |   Link |  Bookmark |December 27, 2010 9:45:36 AM
What a suerb listing of Ravi kumar....I repent coz of not applied in this but still I am happy coz ppl who applied must be glad...
The credit goes to Sreedhar who recommended to apply in this...God bless him

Sreedhar what about Shekhawati IPO?? Would it break the Ravi kumar`s listing gain ??? We should apply or not ???

Thanx
3H
158. NightTrader |   Link |  Bookmark |December 27, 2010 9:32:48 AM
Opened and going strong @ 82....83...
157. Srini |   Link |  Bookmark |December 27, 2010 9:18:20 AM (400+ Posts)
Hearty congrats for all those applied.
156. Srini |   Link |  Bookmark |December 27, 2010 9:17:51 AM (400+ Posts)
AjayIndian,

From where you people will come, what fun you will have by putting these kind of negative messages.
155. AjayIndian |   Link |  Bookmark |December 27, 2010 9:04:23 AM
RaviKumar going to list at discount of 10-15%. Immediately sell and buy at lower levels for sort selling.
154. Gane |   Link |  Bookmark |December 26, 2010 4:05:02 PM (400+ Posts)
Dear Sreedhar,

What is your strategy for tomorrows listing? Any targets? At what price one can enter and exit?

Thanks.
Gane.