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Ramkrishna Forgings to raise funds up to Rs 200 crore through QIP

01 Jun 2017 Evaluate

Ramkrishna Forgings is planning to raise funds through QIP for an amount not exceeding Rs 200 crore. In this regards, the company is seeking approval of the shareholders through postal ballot, which includes voting by electronic means. The company is also looking to increase its authorised capital from Rs 29.75 crore to Rs 33.25 crore.

Ramkrishna Forgings is engaged in the manufacturing of forgings. The company is operating in Forgings, and Tours & Travels segments.

Peers
Company Name CMP
Bharat Forge 1851.95
Ramkrishna Forgings 689.75
MM Forgings 527.85
Happy Forgings 1862.65
Balu Forge Inds. 480.40
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