Returns
-3.45%
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Fundamentals
Large Cap
Financial - Banking
Market Cap (Cr)
7731.01
Earning Per Share
12.29
Dividend Yield
-%
P/E Ratio
53.49
P/B Ratio
11.22
Debt to Equity
0.67
Performance
min-value
max-value
Open
56,601.30
52-wk High
75,250.00
High
56,601.30
52-wk Low
75,250.00
Low
56,601.30
Band
75,250.00
Lower Circuit
56,601.30
Upper Circuit
75,250.00
Volume
56,601.30
VWAP
75,250.00
52 Week Performance
min-value
max-value

5.34% down side
up side5.34%

About the company
Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme, the Company was engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities. The Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited; and (b) De-merger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25, 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL, Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL.