RBM Infracon Ltd. has announced public offering of 2325000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 26.00 per share. The gross proceeds of the issue are expected to be Rs 837.00 lakhs.
The company's initial public offer (IPO) will open on 23 December 2022 and is expected to close on 27 December 2022, subject to customary closing conditions.
The IPO includes a fresh Issue of 2325000 Equity Shares of the Company at an price of Rs 36.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.
RBM Infracon Ltd. anticipates using the proceeds of the issue for .
Beeline Capital Advisors Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.