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RCL Retail Limited IPO (RCL Retail IPO) Detail

September 27, 2012 - October 1, 2012

RCL Retail IPO is a fixed price issue of Rs 5.80 crores.

RCL Retail IPO bidding started from September 27, 2012 and ended on October 1, 2012. The shares got listed on BSE SME on October 16, 2012.

RCL Retail 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.

Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager of the RCL Retail IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to RCL Retail IPO RHP for detailed information.

RCL Retail IPO Details

IPO Date September 27, 2012 to October 1, 2012
Listing Date October 16, 2012
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size5,795,000 shares
(aggregating up to ₹5.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue6,500,000
Share holding post issue12,300,000
Market Maker portion615,000 shares

RCL Retail 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

RCL Retail IPO Promoter Holding

The Promoters of our Company are:

1. Mr. Nitesh Lodha
2. Mr. Shreyans Lodha

Share Holding Pre Issue 10.3%
Share Holding Post Issue 22.56%

About RCL Retail Limited

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.

Key Performance Indicator

Objects of the Issue (RCL Retail IPO Objectives)

The objects of the Issue are to:

1. Setting up of eight (8) new retail outlets;
2. Setting up a food grain processing unit;
3. Strengthen supply chain management;
4. General corporate expenses; and
5. Meet the expenses of the Issue.

RCL Retail IPO Review (Apply)

[Dilip Davda]  

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.

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. HNIs can park moderate fund for long term rewards as post issue the paid up capital will get enhanced from Rs. 6.51 crore to Rs. 12.30 crore.

Read detail review...

RCL Retail IPO Prospectus

RCL Retail IPO Rating

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Rating:Rated 2.0 stars
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RCL Retail IPO Listing Details

Listing Date October 16, 2012
BSE Script Code 534708
NSE Symbol
ISIN INE892L01019
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
₹10.10
₹10.10
₹10.45
₹10.45

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RCL Retail Limited Contact Details

RCL Retail Limited
84/85, Walltax Road,
II Floor,
Chennai-600 003
Phone: +91-44-2534 5283
Email: cs@rclretail.com
Website: http://www.rclretail.com

RCL Retail IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/

RCL Retail IPO - Buy or Not

RCL Retail IPO Recommendation Summary

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

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RCL Retail IPO FAQs

RCL Retail IPO is a SME IPO of 5,795,000 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 Shares.

The IPO opens on September 27, 2012, and closes on October 1, 2012.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The RCL Retail IPO opens on September 27, 2012 and closes on October 1, 2012.

RCL Retail IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in RCL Retail 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 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 October 16, 2012.
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RCL Retail IPO Message Board

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1 Comments

1. Priya Jain |   Link |  Bookmark |October 1, 2012 10:08:05 AM
The IPO is closing today. I don''t see any comments on this. This is rare. Looks like no interest in this IPO.