Reliance Spinning Mills Limited Issuing 9,24,768 Unit IPO Shares To General Public From Poush 7
Summary
Reliance Spinning Mills Limited is issuing 9,24,768 IPO shares to the general public starting Poush 7, 2082, priced at Rs. 820.80 each, with the process managed by Global IME Capital.
Key Points
- Reliance Spinning Mills Limited is issuing 9,24,768 IPO shares to the general public starting from 7th Poush, 2082.
- The IPO share price for common investors is Rs. 820.80, set 10% below the cutoff price determined during the institutional investor allotment.
- Global IME Capital has been appointed as the issue manager for this IPO, with applications accepted from a minimum of 50 units to a maximum of 20,000 units.
- The company has two manufacturing units in Sunsari, Nepal, and is the largest textile company in the country, exporting polyester and acrylic yarn internationally.
