note of the IPO of Ravi Kumar Distilleries Ltd.
Issue Highlights
Price Band
Minimum Bid Lot Size : 100 Equity Share
IPO open during
Book Running Lead Manager : Comfort Securities Pvt. Ltd.
To list on
IPO Grading
PE
Market Cap post-listing
Market Cap of Free Float : Rs73.6Cr or $16.37mn (based on the cap price)
* based on FY10 EPS.
IPO of 11.5mn equity shares of Rs10/- each, aggregating to Rs73.6Cr or $16.37mn (at the cap price).
Executive Summery
• Ravi Kumar Distilleries Ltd. (RKDL) is engaged in the business of manufacturing and trade of Indian Made Foreign Liquor (IMFL) under its own brand portfolio as well as under tie-up arrangements with other companies.
• RKDL started with initial capacity of 7,20,000 cases per annum and a bond capacity of 6300 cases of excise bonded warehouse. The company subsequently increased its installed capacity to presently at 14,25,000 cases per annum and 26000 cases of excise bonded warehouse.
• RKDL has established several brands successfully across segments and flavors thereby enjoying brand recall from customers. IMFL products under its own brand portfolio as well as under various tie-up arrangements with other Companies include Capricorn, 2 Barrels, Chevalier, Konarak, and Green Magic amongst others.
• Due to very existence in the Industry for past 10 years, RKDL has developed its brand on technical front. The company has developed state-of-the-art Quality Control and in-house R&D Department and has already developed technology in the field of manufacturing a wide range of IMFL products.
