Raghav Ramming IPO Latest News Today

Raghav Ramming Mass Ltd BSE SME IPO to open on March 31, 2016 and close for subscription on April 06, 2016. The company has decided price Rs 39. The equity shares of the company to be list at BSE SME.

Raghav Ramming Mass Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,920,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 39.

Raghav Ramming Mass Ltd. (RRML) is engaged in the manufacturing, supply and export of good quality ramming mass (quartz powder) mineral based on the customer requirements which are widely used in as refractory material in induction furnace. RRML is also engaged in the business of purchase and sale (trading) of G I sheets on the basis of the orders received from third parties. It supplies these G I Sheets to these third parties after sourcing the same from various suppliers.

The issue opens on March 31, 2016 and closes for subscription on April 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.