Ratnabhumi Developers Limited IPO
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Ratnabhumi Developers Limited is Ahmedabad Gujrat based company engaged in real estate and construction business. During the period 2009-2012, our Company completed the project namely Ratna TURQUOISE costing Rs 65.63 Crores. During the period 2012-17, company’s main business activities were selling and marketing of its commercial offices and shops constructed in our project Turquoise. Apart from selling and marketing of its commercials offices and shops, we have rented our shops, offices and spaces in our Project Turquoise to corporate clients for their business, commercials, advertisement and installing network equipment.
Objects of the Ratnabhumi Developers Limited IPO:
1. Acquisition of Land/Plot of Land and other strategic Initiatives
2. Capital Contribution towards 45% stake in Rajul Projects LLP - Project Ratna Artemus II- Paldi, Ahmedabad
3. General Corporate Purpose
4. Meeting Public Issue Expenses
Ratnabhumi Developers Limited IPO Details:
| Open Date: | Dec 04 2017 |
| Close Date: | Dec 06 2017 |
| Total Shares: | 3,700,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 23.31 Cr. |
| Lot Size: | 2000 Shares |
| Issue Price: | ₹ 63 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Dec 14 2017 |
Promoters And Management:
Mr. Kaivan Shah
Mrs. Meghna Shah.
Lead Manager of Ratnabhumi Developers Limited IPO:
Registrar of Ratnabhumi Developers Limited IPO:
Company Address:
Ratnabhumi Developers Limited
S.F. 207, Turquoise, Panchvati Panch Rasta,
Nr. White House, E.B., C.G. Road,
Ahmedabad 380 009
Phone: +91 79 2642 4209
Email: compliance@ratnagroup.co.in
Website: www.ratnagroup.co.in
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