RDB Rasayans Limited
IPO Details
The company raised funds through a public issue (IPO) during the period 21.09.2011 to 23.09.2011. The total amount raised was ₹35.55 crore.
Fund Utilization Status
The statement confirms that there are no deviations or variations in the utilization of IPO proceeds as of March 2026. The document explicitly states "Not Applicable" for all deviation-related fields and indicates "N0" (presumably meaning "No") for whether any deviation occurred.
Original Fund Allocation Objects
1. Capacity Expansion: To enhance manufacturing capacity by 7450 MTPA by establishing Unit-II
2. General Corporate Purpose: ₹501.29 lakhs allocated
3. Issue Expenses: ₹272.88 lakhs allocated
Actual Utilization
- General Corporate Purpose: ₹498.49 lakhs utilized (no deviation from ₹501.29 lakhs allocated)
- Issue Expenses: ₹192.11 lakhs utilized (no deviation from ₹272.88 lakhs allocated)
The document defines deviation or variation as: (a) Deviation in the objects or purposes for which funds have been raised, (b) Deviation in the amount of funds actually utilized as against original disclosure, or (c) Change in terms of a contract referred to in the fund raising document.
Submission Details
The statement was submitted to the Department of Corporate Services, BSE Limited, P.J. Towers, Dalal Street, Mumbai-400 001. The document was signed by Sandeep Baid, Whole Time Director & CFO of RDB Rasayans Ltd.
Financial Impact
No financial impact from deviations reported as the company confirmed no variations in fund utilization compared to original plans.