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Grandeur Products raises funds worth Rs 26.80 crore

07 May 2018 Evaluate

Grandeur Products has raised funds worth Rs 26.80 crore. The Board of Directors of the company at its meeting held on May 05, 2018 allotted 67,00,000, Equity Shares at an issue price of Rs 40 each (including a premium of Rs 30 each) on preferential basis to non-promoter group aggregating to Rs 26.80 crore.

Grandeur Products is in the business of FMCG projects particularly into Coffee and related products. Its products include coffee, tea, cocoa, milk, milk products, sugar, sugar substitutes, and fruits. 

Peers
Company Name CMP
Redington 358.60
Adani Enterprises 2736.00
Amrapali Industries 34.77
Maxgrow India 178.35
Rashi Peripheral 697.90
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