IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size20,01,000 shares (aggregating up to ₹10.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 30 Mar 2016
Subscription CloseTue, 05 Apr 2016
Anchor AllotmentTue, 29 Mar 2016
Basis of AllotmentMon, 11 Apr 2016
Initiation of RefundsTue, 12 Apr 2016
Credit of Shares to DematTue, 12 Apr 2016
Listing DateWed, 13 Apr 2016
UPI Mandate Deadline2016-04-05
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 6,000 shares
Net Offer to Public18,96,000 shares (aggregating up to ₹9.48 Cr)
Reserved for Market Maker1,05,000 shares (aggregating up to ₹0.5250 Cr)
Pre-IPO Promoter Holding42,50,000 shares
Post-IPO Promoter Holding62,51,000 shares
About Ruby Cables Ltd.
Incorporated in 1996, Ruby Cables Limited a manufacturer of all types of PVC/XLPE insulated LT Wires and Cables, under the brand name RU CAB. The Company also manufactures AAC, AAAC, ACSR Conductors and Aerial Bunch Cables.Company's corporate office and existing manufacturing facility are located at village Manjusar, Vadodara.
Objects of the Issue
Ruby Cables Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
8.41
2
2 General Corporate Purpose
1.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
42,50,000 shares
Post-IPO Promoter Holding
62,51,000 shares