Radico Khaitan's QIP opens today, plans to raise $40-75m

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Radico Khaitan's QIP opens today, plans to raise $40-75m

Radico Khaitan's qualified institutional placement (QIP) is going to open today. The company plans to raise USD 40-75 million via the QIP. The issue is priced at Rs 118.19 per share. IDFC-SSKI, UBS are the bankers to the QIP.

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Radico Khaitan's  qualified institutional placement (QIP) is going to open today. The company plans to raise USD 40-75 million via the QIP. The issue is priced at Rs 118.19 per share. IDFC-SSKI, UBS are the bankers to the QIP.

Today the stock closed at at Rs 120.10, down Rs 0.5, or 0.41%. It has touched an intraday high of Rs 122.30 and an intraday low of Rs 119.05. It was trading with volumes of 61,775 shares. 
 
There were pending sell orders of 1 shares, with no buyers available.  

The company's trailing 12-month (TTM) EPS was at Rs 3.15 per share. (Dec, 2009). The stock's price-to-earnings (P/E) ratio was 37.89. The latest book value of the company is Rs 21.36 per share.

At current value, the price-to-book value of the company was 5.59. The dividend yield of the company was 0.25%.