Aurangabad-based R J Bio-tech has filed for DRHP to issue 25,02,000 equity shares at Rs.20 per share aggregating to Rs.50 crore, constituting 26.43% of the post issue paid up equity share capital of the company. Sarthi Capital Advisors is the lead manager to the issue. The company will be traded on the BSE-SME exchange.
R J Biotech Ltd. is a group company of R J Group which is engaged in diverse agro related activities.
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