Business EconomyPosted at: Apr 11 2024 9:49PM

Ramdevbaba Solvent Limited IPO opens on April 15

Nagpur, Apr 11 (UNI) Nagpur headquartered Ramdevbaba Solvent Limited - a manufacturer and distributor of physically refined Rice Bran Oil - on Thursday announced plans to go public with an Initial Public Offering on April 15.
The company aims to raise Rs 50.27 crores at the upper price band through this IPO, with shares set to be listed on the NSE Emerge.
The issue size is Up to 59,13,600 equity shares at a face value of ₹ 10 each, according to a press release.
The net proceeds from the IPO will be utilised to Set up new manufacturing facility, repayment in full or in part, certain outstanding borrowings, funding the working capital requirements and general corporate expenses.
The bidding for the anchor portion will open on April 12. The issue will open on April 15 and close on April 18, , said the release.
The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited. The Registrar to the Issue is Bigshare Services Private Limited, the release added. UNI SP SSP.

Please log in to get detailed story.

Tags: #Ramdevbaba Solvent Limited IPO opens on April 15

MRPL net drops over 40% in Q4; Final dividend at Rs 2 per share

04 May 2024 | 7:51 PM

New Delhi, May 4 (UNI) Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of ONGC, on Saturday reported more than 40 percent fall in net profit at Rs 1,137 Crore during January-March or Q4 of fiscal year 2023-24 compared to Rs 1908 crore in the same period in 2022-23.

Ramdevbaba Solvent Limited IPO opens on April 15

Rupee falls 2 paise against USD

Sensex recovers over 200 points

USD Euro, Pound up; Yen down

Kottayam-Kochi Rubber Market Rates

MRPL net drops over 40% in Q4; Final dividend at Rs 2 per share

GAURELLA, MAY 6 (UNI):-Polling officials with election material leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-11U

RANCHI, MAY 6 (UNI):- Hemant Soren, former Chief Minister of Jharkhand with wife Kalpana Soren, meeting with father Shibu Soren and mother Rupi Soren after getting bail from High Court, in Ranchi on Monday.UNI PHOTO

RANCHI, MAY 6 (UNI):- Hemant Soren, former Chief Minister of Jharkhand with wife Kalpana Soren after getting bail from High Court, in Ranchi on Monday.UNI PHOTO-14U

RANCHI, MAY 6 (UNI):- Hemant Soren, former Chief Minister of Jharkhand after getting bail from High Court, in Ranchi on Monday.UNI PHOTO-13U

GAURELLA, MAY 6 (UNI):-Polling officials with election material leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-12U

GAURELLA, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-10U

MADRID, May 6, 2024 (UNI/Xinhua) -- Winner Andrey Rublev of Russia poses with the trophy during the awarding ceremony for the Men's Singles event at the Madrid Open tennis tournament in Madrid, Spain, May 5, 2024.UNI PHOTO-9F

GAURELLA, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-8U

GAURELLA, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-9U

KHAWA, May 6, 2024 (UNI/Xinhua) -- A biker performs a stunt during the 2024 Khawa Dune Challenge and Cultural Festival in Khawa Village of Kgalagadi District, about 700 kilometers southwest of Botswana's capital city Gaborone, on May 3, 2024. UNI PHOTO-8F

JASHPUR, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-7U

JASHPUR, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-6U

JASHPUR, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-5U

JASHPUR, MAY 6 (UNI):-Polling officials with election material at a distribution centre before leaving for their respective booths on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-4U

ROME, May 6, 2024 (UNI/Xinhua) -- Juventus' Weston Mckennie (L) vies with Roma's Angelino during a Serie A football match between Roma and Juventus in Rome, Italy, May 5, 2024.UNI PHOTO-4F

JASHPUR, MAY 6 (UNI):- Polling officials carrying election material leave for poll duty on the eve of the Third phase of the Lok Sabha elections, at Jashpur Chhattisgarh on Monday. UNI PHOTO-3U