IPO

Rashi Peripherals Ltd. IPO

Rashi Peripherals Ltd., established in 1989, operates in the IT Networking Equipment sector. The company's IPO opened on February 7, 2024 and closed on February 9, 2024, with an issue price of ₹311. ... Read more

Min Investment
₹ 0 / 0 shares
Price Range
₹295 - ₹ 311
Bidding Dates
7 Feb '24 - 9 Feb '24
Total Issue Value
600.00 Cr
Lot Size
0
Total Issue Size
600.00 Cr
Listing At
BSE, NSE
Subscription
44.46 times
BSE Price
395.85 (27.28%)
NSE Price
396.50 (27.49%)

IPO Timeline

  • 7 Feb 2024
    Bidding Starts
  • 9 Feb 2024
    Bidding Ends
  • 12 Feb 2024
    Allotment Finalization
  • 14 Feb 2024
    Listing

About Rashi Peripherals Ltd.

We are among the leading technology integrated national distribution partners for global technology brands in India for information and communications technology products in terms of revenues and distribution network in Fiscal 2023. We are also one of the fastest growing national distribution ... Read more

Parent organisation
Founded
Rashi Peripherals Ltd.
1989

Rashi Peripherals Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 57,87,781 (30%)
Non Institutional Investors 28,93,891 (15%)
Qualified Institutional Buyers (QIBs) 38,58,521 (20%)
Retail Individual Investors (RIIs) 67,52,412 (35%)

Rashi Peripherals Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 10,747.32 Cr 133.39 Cr 1,498.29 Cr
31 Mar 2023 9,277.09 Cr 123.07 Cr 667.91 Cr
31 Mar 2022 9,168.92 Cr 180.68 Cr 548.51 Cr

Rashi Peripherals Ltd. Background

Our Company was incorporated as “Rashi Peripherals Private Limited” as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 15, 1989, issued by the Registrar of Companies, Mumbai at Maharashtra. Our Company became a deemed ...

Read more

Major Events And Milestones
  • 2000
    Our Company established 9 branches.
  • 2002
    Our Company sold more than 1,000,000 units.
  • 2004
    Our Company established 30 branches.
  • 2007
    Our Company employed more than 500 resources in its workforce across India.
  • 2009
    Our Company generated an average revenue of ₹0.99 million per customer.
  • 2011
    Our Company generated a revenue of more than ₹10,000 million in a financial year.
    Our Company sold more than 10 million units.
  • 2016
    Our Company generated a revenue of more than ₹30,000 million in a financial year.
  • 2017
    Our Company generated an average revenue of ₹5.15 million per customer.
  • 2020
    Our Company employed more than 1000 resources in its workforce across India.
  • 2022
    Our Company generated a revenue of more than USD 1 billion in a financial year.
    Our Company sold more than 25 million units.
    Our Company generated an average revenue of ₹9.74 million per customer.
Rashi Peripherals Ltd. Object of Issues

1. Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by our Company
2. Funding working capital requirements of our Company
3. General corporate purposes

Rashi Peripherals Ltd. IPO Listing Details
Listing Date
14 Feb 2024
BSE Script Code
RASHIPERI
NSE Symbol
RASHIPERI
ISIN
INE0J1F01024
Final Issue Price
₹ 311
Rashi Peripherals Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 311.00 ₹ 311.00
Open ₹ 335.00 ₹ 339.50
Low ₹ 317.80 ₹ 318.00
High ₹ 342.50 ₹ 342.70
Last Trade ₹ 320.55 ₹ 321.50
Rashi Peripherals Ltd. Company Promoters

1. Krishna Kumar Choudhary
2. Sureshkumar Pansari
3. Kapal Suresh Pansari
4. Keshav Krishna Kumar Choudhary
5. Chaman Pansari
6. Krishna Kumar Choudhary (HUF)
7. Suresh M Pansari HUF

Industry Overview

Globally, the electronics and information and communications technology products market is expected to grow at a CAGR of 14% between 2020 and 2025 and is projected to cross USD 350 billion in sales by 2025. Information technology spending in India is projected to reach a value of approximately ... Read more

Rashi Peripherals Ltd. Contact Details
Address: Ariisto House, 5th Floor, Corner of Telli Galli, Andheri (E), Mumbai Maharashtra - 400069
Phone no:61771771, 61771772
61771771, 61771772
|
Rashi Peripherals Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai Maharashtra - 400083
49186000
Rashi Peripherals Ltd. IPO Lead Manager(s)
JM Financial Ltd.
7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai Maharashtra - 400025
66303030

FAQs

When does Rashi Peripherals Ltd. IPO opens and closes?

Rashi Peripherals Ltd. IPO opens from 7th February to 9th February 2024.

What is the size of Rashi Peripherals Ltd. IPO?

The size of the Rashi Peripherals Ltd. IPO is ₹600.00 Cr.

What is the price range of Rashi Peripherals Ltd. IPO?

The price range of Rashi Peripherals Ltd. IPO is at ₹295 to ₹311 per share.

What is the minimum investment and lot size required for the Rashi Peripherals Ltd. IPO?

The minimum investment required is ₹0 and minimum lot size is 0 shares.

When is Rashi Peripherals Ltd. IPO listing date?

The Rashi Peripherals Ltd. IPO will be listed on 14th February 2024.

What is the objective of Rashi Peripherals Ltd. IPO?

1. Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by our Company
2. Funding working capital requirements of our Company
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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