Rashi Peripherals
Rashi Peripherals Info
Details about the Rashi Peripherals IPO. Opening Date of Rashi Peripherals is 07 Feb 24 and Closing Date is 09 Feb 24 . Face Value of Each share of Rashi Peripherals is ₹5 per share. Price band of Rashi Peripherals is ₹295 to ₹311. The Lot size of Rashi Peripherals is 48 shares. Total issue size of Rashi Peripherals IPO is ₹600 cr. Fresh Issue of Rashi Peripherals IPO is 600 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Rashi Peripherals is 46,607,061. Share Holding Post Issue of Rashi Peripherals is 65,899,665.
Business Summary
Rashi Peripherals is incorporated in 1989.Company commenced operations with manufacturing of peripherals
Rashi Peripherals primarily operate the following two business verticals:
1) Personal Computing, Enterprise and Cloud Solutions (“PES”): Under this vertical Company distribute personal computing devices, enterprise solutions, embedded designs/ products and cloud computing.
2) Lifestyle and IT essentials (“LIT”): This includes the distribution of products such as (i) components that include graphic cards, central processing units (“CPUs”) and motherboards; (ii) storage and memory devices; (iii) lifestyle peripherals and accessories that include keyboard, mice, web cameras, monitors, wearables, casting devices, fitness trackers and gaming accessories; (iv) power equipment such as UPS and invertors; and (v) networking and mobility devices.
Rashi Peripherals IPO Details
| Open Date | 07 Feb 24 |
|---|---|
| Close Date | 09 Feb 24 |
| Face Value | ₹5 per shares |
| Price Band | ₹295 - ₹311 |
| Lot Size | 48 Shares |
| Total issue Size | 19,292,604 Shares ₹600 cr |
| Fresh Issue | 19,292,604 Shares ₹600 cr |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 46,607,061 |
| Share Holding Post Issue | 65,899,665 |
| RHP , DHRP | View RHP, View DRHP |
Rashi Peripherals IPO Timeline
The Rashi Peripherals Initial Public Offering (IPO) is set to open on 07 Feb 24 and will end its subscription phase on 09 Feb 24. You can check your allotment status for Rashi Peripherals on 12 Feb 24. The refund process for your funds will start promptly on 13 Feb 24. Rashi Peripherals IPO credit of shares will be on 13 Feb 24. The listing date for Rashi Peripherals is on 14 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Rashi Peripherals IPO Reservation
The Rashi Peripherals IPO reserves shares for different investor categories. Approximately Not more than 50% of the Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Rashi Peripherals IPO Lot Size
Bids can be made for minimum of 48 shares and in multiple of 48 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 48 | 14,928 |
| Retail (Max) | 13 | 624 | 194,064 |
| S-HNI (Min) | 14 | 672 | 208,992 |
| S-HNI (Max) | 66 | 3,168 | 985,248 |
| B-HNI (Min) | 68 | 3,216 | 1,000,176 |
Rashi Peripherals IPO Promoters Holding
Promoters holding details for Rashi Peripherals in the current issue is as follows: The share holding of promoters before the issue stands at 89.65%, and after the issue, it has been adjusted to 63.41%.
Promoters of Rashi Peripherals are Krishna Kumar Choudhary, Sureshkumar Pansari, Kapal Suresh Pansari, Keshav Krishna Kumar Choudhary, Chaman Pansari, Krishna Kumar Choudhary (Huf), Suresh M Pansari Huf,
| Share Holding Pre Issue | 89.65% |
|---|---|
| Share Holding Post Issue | 63.41% |
Rashi Peripherals Financial Information
Financial performance details for Rashi Peripherals over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 4,058.64 | 2,798.6 | 2,669.76 | 1,594.39 |
| Revenue | 5,473.27 | 9,468.95 | 9,321.92 | 5,930.24 |
| Profit After Tax | 72.02 | 123.34 | 182.51 | 136.35 |
Rashi Peripherals IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Rashi Peripherals are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 11.75 |
| ROE | 19.33% |
| RoNW | 17.60% |
| EPS (Rs) | 26.46 |
Object of the Issue
- • Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by the Company
- • Funding working capital requirements of the Company
- • General corporate purposes
Contact Details for Rashi Peripherals
Phone
Office
Ariisto House, 5thFloor, Corner of Telli Galli, Andheri (E), Mumbai 400 069, Maharashtra, India
Registrar Details for Rashi Peripherals
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Jm Financial Limited
- • ICICI Securities Limited