Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Rashi Peripherals Limited IPO is going to open soon. So I will give you complete information about Rashi Peripherals Limited IPO here on IPO India.
On this article I will inform you about Rashi Peripherals Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Rashi Peripherals Limited
Established in 1989, Rashi Peripherals Limited operates as a distributor of leading global technology brands in the Indian market, specializing in Information and Communication Technology (ICT) products. The company offers a range of value-added services including pre-sales support, technical assistance, marketing services, credit solutions and warranty management.
Rashi Peripherals is structured into two main business verticals:
- Personal Computing, Enterprise and Cloud Solutions (PES):
- Includes personal computing devices, enterprise solutions, embedded design/products and cloud computing.
- Lifestyle and IT Essentials (LIT):
- Includes distribution of various products including components such as graphics cards, CPUs and motherboards; storage and memory devices; lifestyle peripherals and accessories such as keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers and gaming accessories; Power devices such as UPS and inverters; as well as networking and mobility devices.
The company’s extensive clientele includes leading organizations such as 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 America, 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 Pvt Ltd, Toshiba Electronic Components Taiwan Corporation etc.
As of September 30, 2023, Rashi Peripherals serves as a national distributor for 52 global technology brands. The company has an extensive network with 50 branches and 63 warehouses strategically located across India. It has a strong distribution network with 8,657 distributors spread across 680 locations in 28 states and union territories in India.
As of the same date, the company had a workforce of 1,433 employees, with 549 dedicated to the sales and marketing team and 64 to the technical support team.
Rashi Peripherals Limited IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Rashi Peripherals Limited IPO
Here is some information about Rashi Peripherals Limited IPO which will help you in making a decision to invest in Rashi Peripherals Limited IPO. It appears to be a book-built offer with a total value of ₹600.00 crore, including entirely a fresh issue
Summary of the key details
- Issue Size: Rs 600.00 crores
- Offer for Sale: [_] shares
- Subscription Period: February 7, 2024 to February 9, 2024
- Allotment Date: February 12, 2024
- Listing Date: February 14, 2024
Price Range of Rashi Peripherals Limited IPO
- ₹[_] to ₹[_] per share
Lot Size of Rashi Peripherals Limited IPO
- Minimum Lot: [_] Shares.
- Minimum Investment for Retail Investors: ₹[_]
Minimum Lot Size Investments for Rashi Peripherals Limited IPO
- HNI: [_] lots ([_] shares), amounting to ₹[_].
This information provides potential investors with the details they need to participate in the Rashi Peripherals Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
Rashi Peripherals Limited IPO
| Open Date | February 07, 2024 |
| Close Date | February 09, 2024 |
| Allotment Date | February 12, 2024 |
| Listing Date | February 14, 2024 |
| Face Value | ₹5 Per Equity Share |
| Issue Price | ₹[_]-[_] Per Equity Share |
| Issue Size | [_] shares (Aggregating up to ₹600.00 Cr) |
| Market Lot (Min. Amount) | Retail: [_] Shares (₹[_]/-) S-HNI: [_] Shares (₹[_]/-) B-HNI: [_] Shares (₹[_]/-) |
| Listing at Group(s) | BSE, NSE |
| Lead Manager | JM Financial Limited ICICI Securities Limited |
| Register | Link Intime India Private Ltd |
| Retail Portion | 35% |
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Valuations of Rashi Peripherals Limited IPO
| Earnings Per Share (EPS) | ₹-/- |
| P/E Ratio | N/A |
| RoNW | N/A% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Rashi Peripherals Limited Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 4,058.64 | 5,473.27 | 72.02 | 772.74 | 686.24 | 1,395.20 |
| 31 Mar 2023 | 2,798.60 | 9,468.95 | 123.34 | 700.12 | 760.36 | 1,065.76 |
| 31 Mar 2022 | 2,669.76 | 9,321.92 | 182.51 | 575.07 | 557.84 | 881.74 |
| 31 Mar 2021 | 1,594.39 | 5,930.24 | 136.35 | 394.19 | 395.99 | 488.99 |
Promoter(s)
| Pre Issue Share Holding | -% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Krishna Kumar Choudhary
- Sureshkumar Pansari
- Kapal Suresh Pansari
- Keshav Krishna Kumar Choudhary
- Chaman Pansari
- Krishna Kumar Choudhary (HUF)
- Suresh M Pansari HUF
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 19.33% |
| ROCE | 14.21% |
| Debt/ Equity | 1.53 |
| RoNW | 17.60% |
Issue Objective(s)
- Prepayment or scheduled repayment of all portion of certain outstanding borrowings availed by the Company
- Funding working capital requirement of the Company
- General corporate purposes
Rashi Peripherals Limited IPO Registrar
| Name | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| rptechindia.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
Rashi Peripherals Limited IPO Review
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Conclusion
In conclusion, the Rashi Peripherals Limited IPO presents an attractive investment opportunity for those seeking exposure to the dynamic Indian technology distribution market. Established in 1989, Rashi Peripherals has positioned itself as a key player in the distribution of global technology brands in India, offering a variety of products and value-added services. The company’s two core business verticals, Personal Computing, Enterprise and Cloud Solutions (PES), and Lifestyle and IT Essentials (LIT), underline its comprehensive approach to meet the diverse needs of its customers.
With a strong distribution network, strategic warehouses and a vast portfolio of 52 global technology brands, Rashi Peripherals is well positioned for continued growth. IPO details, including Rs. The issue size of 600.00 crores, the subscription period from February 7 to February 9, 2024 and the listing date of February 14, 2024, provide essential information to prospective investors. However, it is critical to note that investing in IPOs carries inherent risks, and individuals should conduct thorough research or consult financial professionals before making investment decisions.
As always, wise financial decisions require careful consideration of various factors, including the company’s finances, market conditions and the investor’s risk tolerance. The Rashi Peripherals Limited IPO, with its interesting business model and strong market presence, deserves the attention of investors looking for opportunities in the ever-evolving landscape of the technology sector in India.
Rashi Peripherals Limited IPO FAQs
When Rashi Peripherals Limited IPO is coming?
The Rashi Peripherals IPO opens on February 7, 2024 and closes on February 9, 2024.
What is the lot size of Rashi Peripherals Limited IPO?
Rashi Peripherals IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When Rashi Peripherals Limited IPO Allotment?
The finalization of Basis of Allotment for Rashi Peripherals IPO will be done on Monday, February 12, 2024, and the allotted shares will be credited to your demat account by Tuesday, February 13, 2024.