SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indo Rama Synthetics moves up on planning to raise funds

08 Mar 2018 Evaluate

Indo Rama Synthetics (India) is currently trading at Rs. 30.80, up by 0.60 points or 1.99% from its previous closing of Rs. 30.20 on the BSE.

The scrip opened at Rs. 31.50 and has touched a high and low of Rs. 31.50 and Rs. 30.60 respectively. So far 15201 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 57.50 on 15-Jan-2018 and a 52 week low of Rs. 26.20 on 22-Aug-2017.

Last one week high and low of the scrip stood at Rs. 34.40 and Rs. 30.00 respectively. The current market cap of the company is Rs. 469.13 crore.

The promoters holding in the company stood at 73.89%, while Institutions and Non-Institutions held 12.13% and 13.97% respectively.

Indo Rama Synthetics (India) is planning to issue secured redeemable non-convertible debentures (NCDs) to the investors other than Promoters by way of Preferential Issue on Private Placement basis, amounting to Rs 183.33 crore. The Meeting of the Board of Directors of the company will be held March 09, 2018, to consider the same.

The company is also planning to issue secured compulsorily convertible debentures (CCDs) to the investors other than Promoters by way of Preferential Issue on Private Placement basis, amounting to Rs 16.67 crore.

Indo Rama Synthetics (India) has focused business activities in the field of Textiles, Polyesters and Industrial Chemicals.

Indo Rama Synth Share Price

38.17 -1.24 (-3.15%)
20-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×