IPO Details

Richa Industries Ltd
Registered Office: Plot No 29 DLF Industrial Area, Phase-II, Faridabad - 121003, Haryana
Phone: 91-129-4199368
Email: cs@richa.in; richa@richa.in
Website: https://richaindustries.wordpress.com
Public issue of 90,00,000 equity shares of Rs. 10/- each for cash at a premium of Rs.20/- per equity share at a Price of Rs. 30/- per equity share aggregating to Rs.27.00 Crores (the issue) by Richa Knits Limited ('the Company' or 'Issuer') including Promoters participation of 15,00,000 Equity shares of Rs.10/- each for cash at a price of Rs. 30/- per equity share ('Promoters participation'). 7,50,000 Equity shares being 10% of the issue size shall be compulsorily allotted to QIBs. 7,50,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved in the Issue for subscription by NRIs / FIIs and 3,75,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share will be reserved for Employees. The Net Issue to the Public is 56,25,000 equity shares of Rs. 10/- each for cash at a price of Rs. 30/- per equity share (Net issue). The issue would constitute 43.86% of the fully diluted post issue paid up Equity Capital of the Company. The face value of the share is Rs. 10/- each and the issue price is 3 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
13-Sep-2006	19-Sep-2006	₹ 30.00	₹ 0.00

Projects
To Set New Unit for Process & Dyeing
To Set new Unit for Knitting at existing location
To enhance exising capacity for Garmenting
To Augment Long Term Working Capital requirements

Promoted By
Subhash Gupta
Sushil Gupta
Sandeep Gupta

Listing At
BSE

Registrar to the Issue