R.K. Fashion Accessories SME IPO opens on October 5
In short
R.K. Fashion Accessories opened its SME IPO on October 5 and will close on October 7. The issue size is Rs 34.99 crore, with a price band of Rs 77 to Rs 82 per share and a lot size of 1,600 shares.
The money is meant for working capital, expansion and new retail facilities. It is not yet known how much investor demand there will be.
What the reporting says
R.K. Fashion Accessories opened its SME IPO for subscription on October 5 and will close on October 7. The Rs 34.99 crore issue has a price band of Rs 77 to Rs 82 per share and a lot size of 1,600 shares. The company says it plans to use the proceeds for working capital, expansion and new retail facilities, but the final subscription outcome is still unknown.
Why it matters
R.K. Fashion Accessories opened its SME IPO on October 5 and will close on October 7. The issue size is Rs 34.99 crore, with a price band of Rs 77 to Rs 82 per share and a lot size of 1,600 shares. The company plans to use proceeds for working capital, expansion and new retail facilities. Investor demand and final listing performance are not stated in the available reporting.