Raft Motors Ltd
Pre Issue Shares
1,50,63,600
No. of Shares Issued
57,10,000
Pre Issue Equity Amt.
₹15.06 Cr
DP Filling Date
22 December 2024
Raft Motors Ltd IPO Timeline
Raft Motors Limited was incorporated as Raft Motors Private Limited at Mumbai, Maharashtra, as a Private Limited Company dated October 16, 2019, issued by the Registrar of Companies, Central Registration Centre. Company was converted from a Private Limited Company to a Public Limited Company and the name of was changed from Raft Motors Private Limited' to Raft Motors Limited' vide certified dated December 16, 2024, issued by Registrar of Companies, Central Processing Centre.
Raft Motors Ltd IPO Details
| Raft Motors Ltd IPO Date | - |
| Raft Motors Ltd IPO Face Value | - |
| Raft Motors Ltd IPO Price | - |
| Raft Motors Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Aditya Vikram Birla, AVB Endeavors Pvt Ltd |
Company Financials
Raft Motors Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 7.53 | 2.08 | 0.71 |
| 03-2023 | 3.91 | 7.85 | 0.35 |
| 03-2022 | 3.79 | 11.75 | 0.49 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the capital expenditure towards land with proposed structure of 2,00,000 sqft of shed area and 15,000 sft for admin building for setting up a of new MFG unit
- Funding the capital expenditure towards plant and machinery for setting up a of new mfg unit at
- Prepayment or repayment of all or a portion of certain unsecured loans availed by the company
- Funding working capital requirements of the company
- General corporate purposes
Raft Motors Ltd IPO Prospectus
Raft Motors Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| Face Value | ₹10 |
Company Contact Information
B/607 6th Flr Kanakia Wall StAndheri Kurla Rd Chakala Andhe,Mumbai-400093
Phone: +91 33 4503 8692
Email: cs@raftmotors.com
Website: www.raftcosmicev.in
Raft Motors Ltd IPO Registrar
Raft Motors Ltd IPO Lead Manager(s)
- Horizom Management Pvt Ltd