RBM Infracon is engaged in the business of engineering, execution, testing, commissioning operation and maintenance, particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemical, Chemicals, Cement, Fertilizers.
The 8.37 crore RBM Infracon IPO issue comprises of fresh issue of 23,25,000 equity shares.
The net proceeds from the issue will be used for: • Meet working capital requirements. • General corporate purposes. • Meet public issue expenses.
The RBM Infracon IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).