Rangoli Tradecomm Limited IPO
BSE SME₹124,200 / 600 Shares
Rangoli Tradecomm Limited IPO Details
The Rangoli Tradecomm Limited IPO price band is set between ₹207 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 9 Mar, 2021 and closes on 12 Mar, 2021. Investors can check the allotment status on 17 Mar, 2021, while the listing date is tentatively scheduled for 21 Mar, 2021.
The total issue size is 2,181,000 Eq Shares of ₹10 , aggregating up to ₹45.15 Cr. Stay tuned for the latest Rangoli Tradecomm Limited IPO review and GMP updates.
Rangoli Tradecomm Limited IPO Review, Rating & Analysis
Rangoli Tradecomm Limited IPO Review
NO REVIEWRangoli Tradecomm Limited IPO Rating
Rangoli Tradecomm Limited IPO Highlights
IPO Date
Mar 9, 2021 - Mar 12, 2021
Listing Date
21 Mar, 2021
Face Value
₹10 Per Equity Share
Price Band
₹207 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Rangoli Tradecomm Limited IPO Lot Size
The minimum market lot for Rangoli Tradecomm Limited IPO is 600 shares with an application amount of ₹1,24,200. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,24,200 |
| Retail (Max) | 1 | 600 | ₹1,24,200 |
| S-HNI (Min) | 2 | 1200 | ₹2,48,400 |
| S-HNI (Max) | 8 | 4800 | ₹9,93,600 |
| B-HNI (Min) | 9 | 5400 | ₹11,17,800 |
Rangoli Tradecomm Limited IPO Timeline
Issue Price
₹207 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Fedex Securities LimitedIssue Size
2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr)Rangoli Tradecomm Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sept 20 | 104.57 | 146.83 | 10.92 | - | - | - |
| 31 Mar 20 | 70.62 | 165.43 | 2.11 | - | - | - |
| 31 Mar 19 | 10.49 | 3.52 | 2.92 | - | - | - |
| 31 Mar 18 | 6.97 | 0.01 | (0.01) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Ganadship Wholeseller Private Limited
- Ushik Gala
- Sumit Pal Sing
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 78.35% | N/A% |
About Company
Rangoli Tradecomm is primarily engaged in the buying and selling trading activities of Polymers and Textile products. Its Polymer business segment includes commodity polymer, engineering polymer & chemicals and additives whereas the Textile segment comprises products such as yarns, threads, and fabrics.
The company follows both the B2B (business to business) and B2C (business to customer) model to supply textile and polymer products. It is geographically spread across many cities such as Delhi, North India, Haryana, Himachal Pradesh, Rajasthan, Punjab, Gujarat, and Maharashtra.
Rangoli Tradecomm Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,090,500 | 1,090,500 | 2,181,000 |
Day 1 -09-03-21 08:00 PM | 0.34 x | 0.07 x | 0.21 x |
Day 2 -10-03-21 08:00 PM | 0.99 x | 0.22 x | 0.61 x |
Day 3 -12-03-21 05:00 PM | 2.4 x | 0.76 x | 1.58 x |
Frequently Asked Questions about Rangoli Tradecomm Limited IPO IPO
When will Rangoli Tradecomm Limited IPO open for subscription?
The Rangoli Tradecomm Limited IPO opens on 9 Mar, 2021 and closes on 12 Mar, 2021.
What is the investors portion for Rangoli Tradecomm Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1090500.
How to apply for Rangoli Tradecomm Limited IPO?
You can apply for Rangoli Tradecomm Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Rangoli Tradecomm Limited IPO?
The issue size of Rangoli Tradecomm Limited IPO is approx ₹2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr) crores.
What is the price band of Rangoli Tradecomm Limited IPO?
The price band for Rangoli Tradecomm Limited IPO is ₹207 per equity share to ₹undefined.
What is the lot size of Rangoli Tradecomm Limited IPO?
The minimum bid (lot size) for Rangoli Tradecomm Limited IPO is N/A shares with an investment of approx ₹124,200 .
What is the allotment date of Rangoli Tradecomm Limited IPO?
The allotment date for Rangoli Tradecomm Limited IPO is 17 Mar, 2021.
What is the listing date of Rangoli Tradecomm Limited IPO?
The listing date for Rangoli Tradecomm Limited IPO is expected to be 21 Mar, 2021.
What is the GMP of Rangoli Tradecomm Limited IPO?
The latest Grey Market Premium (GMP) for Rangoli Tradecomm Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.