R&B Denims is all set to hit the capital markets, through BSE SME Platform, with an initial public offering IPO of 3,710,000 equity shares of Rs 10 each aggregating upto Rs 3.71 crore. The issue will open for subscription on March 28, 2014 at a fixed price band of Rs 10 per share, while the public issue will close for subscription on April 04, 2014.
R&B Denims is engaged in denim textile production and marketing. The company’s products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.
