Rashi Peripherals Limited
Mainboard₹14,928 / 48 Shares
Rashi Peripherals Limited IPO Details
The Rashi Peripherals Limited IPO price band is set between ₹295-311 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 7 Feb, 2024 and closes on 9 Feb, 2024. Investors can check the allotment status on 12 Feb, 2024, while the listing date is tentatively scheduled for 14 Feb, 2024.
The total issue size is 19,292,604 shares, aggregating up to ₹600.00 Cr. Stay tuned for the latest Rashi Peripherals Limited IPO review and GMP updates.
Rashi Peripherals Limited IPO Review, Rating & Analysis
Rashi Peripherals Limited IPO Review
NO REVIEWRashi Peripherals Limited IPO Rating
Rashi Peripherals Limited IPO Highlights
IPO Date
Feb 7, 2024 - Feb 9, 2024
Listing Date
14 Feb, 2024
Face Value
₹5 Per Equity Share
Price Band
₹295-311 per equity share
Lot Size
48 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Rashi Peripherals Limited IPO Lot Size
The minimum market lot for Rashi Peripherals Limited IPO is 48 shares with an application amount of ₹14,928. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 48 | ₹14,928 |
| Retail (Max) | 13 | 624 | ₹1,94,064 |
| S-HNI (Min) | 14 | 672 | ₹2,08,992 |
| S-HNI (Max) | 66 | 3168 | ₹9,85,248 |
| B-HNI (Min) | 67 | 3216 | ₹10,00,176 |
Rashi Peripherals Limited IPO Timeline
Issue Price
₹295-311 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Jm Financial LimitedICICI Securities LimitedIssue Size
19,292,604 shares(aggregating up to ₹600.00 Cr)Rashi Peripherals Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 2798.60 | 9468.95 | 123.34 | 700.12 | 760.36 | 1065.76 |
| 31 Mar 22 | 2669.76 | 9321.92 | 182.51 | 575.07 | 557.84 | 881.74 |
| 31 Mar 21 | 1594.39 | 5930.24 | 136.35 | 394.19 | 395.99 | 488.99 |
All values are in ₹ Cr.
Rashi Peripherals Limited IPO Valuations
EPS Pre IPO
₹26.46/-EPS Post IPO
₹21.86/-PE Pre IPO
11.75PE Post IPO
14.23ROE
19.33%ROCE
14.21%Debt Equity
1.53RoNW
17.60%PAT Margin
-Price to Book Value
1.86Promoters & Share Holding
Promoter(s) Name
- Krishna Kumar Choudhary, Sureshkumar Pansari, Kapal Suresh Pansari, Keshav Krishna Kumar Choudhary, Chaman Pansari, Krishna Kumar Choudhary (HUF), and Suresh M Pansari HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 89.65% | 63.41% |
About Company
Rashi Peripherals Limited is a company that distributes global technology brands in India. They specialize in products related to ICT or Information and Communication Technology.
The company's service offerings include value-added services such as pre-sales, technical support, marketing services, credit solutions and warranty management services.
The company's clients include ASUS Global Pte. Ltd., Dell International Services India Private Limited, HP India Sales Private Limited, Lenovo India Private Limited, Logitech Asia Pacific Limited, NVIDIA Corporation, Intel Americas, Inc., Western Digital (UK) Limited, Schneider Electric IT business India Private Limited, Eaton Power Quality Private Limited, ECS Industrial Computer Co. Ltd., Belkin Asia Pacific Limited, TPV Technology India Pvt Ltd., LG Electronics India Private Limited, and Toshiba Electronic Components Taiwan Corporation, among others.
As of September 30, 2022, Rashi Peripherals is the national distribution partner for 48 global technology brands.
Revenue from operations grew at a CAGR of 53.85% from ₹39,344.82M in Fiscal 2020 to ₹93,134.38M in Fiscal 2022. In H1 2022, revenue was ₹50,238.09M.
As of September 2022, the company has 50 branches, 50 service centers, and 62 warehouses across India, with 8657 Channel Partners spread across 730 locations.
As of September 30 2022, the company has 1,322 employees. Out of these, 501 are in the sales and marketing team while 58 are in technical support.
Rashi Peripherals Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,858,521 | 2,893,891 1,929,260 946,631 | 6,752,411 | 13,504,828 |
Day 1 -07-02-24 05:00 PM | 0.01 x | 1.87 1.42 x 2.77 x | 1.36 x | 1.09 x |
Day 2 -08-02-24 05:00 PM | 0.70 x | 5.84 4.79 x 7.94 x | 3.44 x | 3.17 x |
Day 3 -09-02-24 05:00 PM | 151.45 x | 66.15 74.51 x 50.38 x | 11.01 x | 62.95 x |
Company Contact Details
Rashi Peripherals Limited
Ariisto House, 5th Floor, Corner of Telli Gall, Andheri (E), Mumbai 400 069Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rptechindia.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Frequently Asked Questions about Rashi Peripherals Limited IPO
When will Rashi Peripherals Limited IPO open for subscription?
The Rashi Peripherals Limited IPO opens on 7 Feb, 2024 and closes on 9 Feb, 2024.
What is the investors portion for Rashi Peripherals Limited IPO?
The investors' portion for QIB is 151.45 x, NII is 74.51 x, and Retail is 11.01 x.
How to apply for Rashi Peripherals Limited IPO?
You can apply for Rashi Peripherals 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 Rashi Peripherals Limited IPO?
The issue size of Rashi Peripherals Limited IPO is approx ₹19,292,604 shares(aggregating up to ₹600.00 Cr) crores.
What is the price band of Rashi Peripherals Limited IPO?
The price band for Rashi Peripherals Limited IPO is ₹295 to ₹311 per equity share.
What is the lot size of Rashi Peripherals Limited IPO?
The minimum bid (lot size) for Rashi Peripherals Limited IPO is N/A shares with an investment of approx ₹14,928 .
What is the allotment date of Rashi Peripherals Limited IPO?
The allotment date for Rashi Peripherals Limited IPO is 12 Feb, 2024.
What is the listing date of Rashi Peripherals Limited IPO?
The listing date for Rashi Peripherals Limited IPO is expected to be 14 Feb, 2024.
What is the GMP of Rashi Peripherals Limited IPO?
The latest Grey Market Premium (GMP) for Rashi Peripherals 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.