IPO comprises a fresh issue of 38 lakh Equity Shares with a face value of Rs. 10 each
The company manufactures recycled and virgin plastic products, such as Recycled PET (Polyethylene Terephthalate) Flakes (RPF), Polyester Dope-Dyed Monofilament Yarn (PMY), Nylon Monofilament Yarn (NMY), and Blow and Injection-Molded Jars and Caps (BM & IM).
RGL operates two manufacturing facilities located at Howrah, West Bengal
The company intends to invest a substantial part of the total IPO proceeds in its wholly-owned subsidiary – Rungta Eco Extrusions Private Limited, to set up a new manufacturing facility
Beeline Capital Advisors Private Limited is the Book Running Lead Manager, and Link Intime India Private Limited is the Registrar to the Issue
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