Rishabhdev Technocable today announced that its follow-on public offer (FPO) comprising of 9 million equity shares of Rs 10 each through 100% book building process would commence on Jun, 4 2009.
The price band of Rishabhdev Technocable FPO has been fixed at Rs 29 to Rs 33 for every share of Rs 10 each and the issue would close on Jun. 9, 2009.
The Issue would constitute 46.40% of the fully diluted post issue paid-up capital of the Company.
IDBI Capital Market Services and Prabhudas Lilladhar Capital Markets are helping them in fund raising process.
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