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Raft Motors Ltd IPO

  • 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 Ltd IPO Details

Raft Motors Ltd IPO Date-
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Company PromotersAditya Vikram Birla, AVB Endeavors Pvt Ltd

Company Financials

Raft Motors Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-20247.532.080.71
03-20233.917.850.35
03-20223.7911.750.49
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

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Company Contact Information

Raft Motors Ltd
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

Phone:+91 112 638 7281/83, 4132 0335
Email: investor@masserv.com
Website: www.masserv.com

Raft Motors Ltd IPO Lead Manager(s)

  1. Horizom Management Pvt Ltd

How to Check the Allotment Status of Raft Motors Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Raft Motors Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Raft Motors Ltd IPO

    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.