✓
Open
8 Dec 2010
✓
Close
10 Dec 2010
3
Allotment
—
✓
Listing
Mon, Dec 27, 2010
Price Band
₹56 to ₹64
Issue Size
1,15,00,000 shares (agg. up to ₹74 Cr)
Lot Size
100 Shares
Listing Date
Mon, Dec 27, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.12x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion in the unit by increase in existing capacity and installation of Re-distillation plant | 11.22 |
| 2 | To part –finance the marketing and corporate branding expenses | 3.00 |
| 3 | To part-finance incremental working capital requirements | 33.97 |
| 4 | To part –finance the general corporate Expenses | 21.91 |
| 5 | To meet the expenses of the Issue | 3.50 |
About Ravikumar Distilleries IPO
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, Bomb
Contact Details
Ravikumar Distilleries Ltd. AddressNo 1-C Nandit Apartments47 Thirumalai Pillai Rd.T NagarChennai, Tamil Nadu, 60001791-044-28344434cs@ravikumardistilleries.comVisit Website