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Public issue of 48,24,000 equity shares of face value of Rs. 10 each (Equity Shares) of RCRS Innovations Limited (the Company or the Issuer) for cash at a price of Rs. [] per equity (the Issue Price) aggregating to Rs. [] crores (The Issue) comprising of a fresh issue of 48,24,000 equity shares aggregating to Rs. [] crores (the Fresh Issue) of which 2,48,000 equity shares aggregating to Rs. [] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 45,76,000 equity shares aggregating to Rs. [] crores (the Net Issue). The issue and the net issue will constitute 26.88% and 25.49% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. [] to Rs. [] per equity share of face value of Rs. 10/- each and the issue price is [] to [] times of the face value at the lower price band and the upper price band respectively. Bid can be made for minimum of [] equity shares and the multiples of [*] equity shares thereafter.
Here are the steps to apply for RCRS Innovations Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
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