Mumbai, July 16 -- The company's board authorized and declared the opening of the issue on Tuesday, 15 July 2025.

The floor price of Rs 114.42 is at a premium of _ % to the scrip's previous closing price of Rs 114.42 on the BSE.

The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the book running lead managers appointed for the issue.

The company intends to use up to Rs 160 crore from the net proceeds of the issue for expansion of business through inorganic growth and the rest for general corporate purposes.

Rajoo Engineers is engaged in manufacturing and selling a reputed brand of plastic processing machinery and post-extrusion eq...