Upcoming IPO: Rajputana Stainless, Caliber Mining and Regaal Sources information DRHP with SEBI for IPO

Firms like Rajputana Stainless Ltd, Caliber Mining and Logistics Ltd., and Regaal Sources Ltd. have filed their draft crimson herring prospectus with the Securities and Change Board of India (SEBI).

The businesses goal to lift funds from the Indian inventory market to cater to their funding necessities. Check out the upcoming IPOs, their provide particulars, provide measurement, and the target of the general public concern, amongst different issues. 

Rajputana Stainless IPO particulars

Rajputana Stainless Restricted is a Gujarat-based stainless-steel merchandise producer. The corporate filed its draft crimson herring prospectus (DRHP) with the Securities and Change Board of India (SEBI) on January 2, 2025.

The corporate, via a book-built concern, is providing a complete of two.25 crore fairness shares with a face worth of ₹10 per share. The provide is a mixture of a 1.90 crore recent concern of shares, together with an offer-for-sale (OFS) part of 35 lakh fairness shares, based on the draft papers.

Firm promoter Shankarlal Deepchand Mehta is the promoter promoting shareholder, promoting as much as 35 lakh fairness shares through the IPO.

The corporate goals to make use of the cash raised from public points to fund its capital expenditure necessities for establishing a facility for which they goal to make use of practically ₹18.31 crore. The corporate additionally will hold practically ₹37.68 crore for the working capital wants of the brand new facility.

Together with the funding plan, Rajputana Stainless additionally goals to make use of ₹76.50 crore to repay or prepay in components or in full a specific amount of excellent borrowings. The remaining funds shall be used for common company functions.

No more than 50 per cent of the provide shall be allotted to Certified Institutional Consumers (QIBs), and never lower than 15 per cent to the Non-Institutional Buyers and 35 per cent shall be reserved for the retail buyers.

Nirbhay Capital Companies Pvt. Ltd is the book-running lead supervisor for the general public concern, whereas KFin Applied sciences Restricted is the registrar of the provide.

Caliber Mining and Logistics IPO particulars

Sunil Singhania’s Abakkus-backed Caliber Mining and Logistics Restricted plans to lift ₹600 crore from the inventory markets through the preliminary public providing (IPO).

The corporate is providing recent problems with shares as much as ₹500 crore, combined with an offer-for-sale (OFS) part of as much as ₹100 crore, each fairness shares with a face worth of ₹10 per share.

Firm promoters Mohit Satishkumar Chadda is promoting shares value ₹25 crore, Anuj Krishanlal Chadda is promoting value ₹25 crore, Manish Krishanlal Chadda is promoting shares value ₹25 crore, and Rahul Roshanlal Chadda can be promoting ₹25 crore value of shares via the general public concern.

₹175 crore raised from the general public concern shall be used to repay or prepay, partially or full, a sure excellent borrowing availed by the corporate. The corporate goals to make use of ₹200 crore to fund capital expenditure to buy equipment for contract necessities. The remaining quantity from the difficulty proceeds shall be used for common company functions.

The corporate has reserved no more than 50 per cent of the provide for Certified Institutional Consumers (QIBs), not lower than 15 per cent is reserved for the Non-Institutional Buyers (NIIs), and 35 per cent shall be stored for the retail bidders, as per the DRHP.

DAM Capital Advisors Restricted is the book-runner for the general public concern, whereas KFin Applied sciences Restricted is the registrar for the provide.

The corporate makes a speciality of open-cast coal mining, with coal extraction and overburden elimination seeing important progress as a result of investments in gear.

Regaal Sources IPO particulars

Kolkata-based fast-moving client items (FMCG) agency Regaal Sources is providing a mixture of a recent concern of shares as much as ₹190 crore and an offer-for-sale (OFS) part of as much as 90 lakh fairness shares, each with a face worth of ₹5 per share. 

Firm promoters Anil Kishorepuria and Shruti Kishorepuria are promoting 30.95 lakh and 18 lakh shares, respectively. BFL Personal Ltd is promoting practically 25.32 lakh fairness shares, adopted by SRM Personal Ltd promoting shut to fifteen.72 lakh fairness shares through the IPO. 

The proceeds from the recent concern to the extent of ₹147 crore shall be used for reimbursement or pre-payment, in full or half, of sure borrowings availed by the corporate and common company functions, based on the DRHP. 

The corporate has reserved no more than 50 per cent of the provide for Certified Institutional Consumers (QIBs), not lower than 15 per cent is reserved for Non-Institutional Buyers (NIIs), and 35 per cent shall be stored for the retail buyers. 

Pantomath Capital Advisors Personal Restricted and Sumedha Fiscal Companies Restricted are the book-runners for the general public concern, whereas Hyperlink Intime India Personal Restricted is the registrar to the difficulty. 

Regaal Sources specializes within the manufacturing of native maize starch and modified starch derived from maize, together with co-products equivalent to gluten, germ, enriched fibre, and fibre.

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