The Rashi Peripherals Ltd Date Will be open from February 7, 2024, and closes on February 9, 2024. Read the post to learn about Rashi Peripherals Ltd IPO GMP.
The Rashi Peripherals Ltd IPO is a book-built offering of Rs 600.00 crore. The stock’s price range is ₹311 per share.
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Key Details Of Rashi Peripherals Ltd IPO:
Bidding Dates
February 7-9
Price Range
₹311 per share
Face Value
₹5 per share
GMP
₹61
Rashi Peripherals Ltd GMP
The Rashi Peripherals Ltd IPO GMP Today is ₹61.
Rashi Peripherals Ltd IPO Overview
Rashi Peripherals IPO is a book-built deal valued at Rs 600.00 crore. The Rashi Peripherals Ltd IPO GMP Today is ₹61. This is a whole new issue. The Rashi Peripherals IPO will open for subscriptions on February 7, 2024, and conclude on February 9, 2024. The allocation for the Rashi Peripherals IPO is slated to end on Monday, February 12, 2024. The Rashi Peripherals IPO is scheduled to go public on the BSE and NSE on February 14, 2024. Rashi Peripherals’ IPO price ranges have not yet been revealed.
The company has two business verticals:
- Personal computing, enterprise, and cloud solutions (PES): This group includes computing devices, enterprise solutions, embedded designs/products, and cloud computing.
- Lifestyle and IT essentials (LIT): This includes distributing products such as (i) components such as graphics cards, central processing units (CPUs), and motherboards; (ii) storage and memory devices; (iii) lifestyle peripherals and accessories such as keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers, and gaming accessories; (iv) power devices such as UPS and inverters; and (v) networking and mobility devices.
Rashi Peripherals Ltd IPO Details
| IPO Date | February 7, 2024 to February 9, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price | ₹311 per share |
| Lot Size | |
| Total Issue Size | [.] shares (aggregating up to ₹600.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹600.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 46,607,061 |
Rashi Peripherals Ltd IPO Financials
| Particulars | Year ending on March 31, 2022 | Year ending on March 31, 2021 | Year ending on March 31, 2020 |
| EBITDA Margin | 3.28% | 3.63% | 2.39% |
| ROE | 37.56% | 39.69% | 16.28% |
| EPS Basic | 43.57 | 31.20 | 9.48 |
| Profit After Tax (PAT) | 1,825.11 | 1,363.50 | 382.31 |
| EBITDA | 3,052.17 | 2152.27 | 938.58 |
| Revenue from Operations | 93,134.38 | 59,250.48 | 39,344.82 |
Rashi Peripherals Ltd IPO Timeline
| IPO Open Date | Wednesday, February 7, 2024 |
| IPO Close Date | Friday, February 9, 2024 |
| Basis of Allotment | Monday, February 12, 2024 |
| Initiation of Refunds | Tuesday, February 13, 2024 |
| Credit of Shares to Demat | Tuesday, February 13, 2024 |
| Listing Date | Wednesday, February 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 9, 2024 |
Company Profile
Since its founding in 1989, Rashi Peripherals Ltd has been selling international technology products in India. Rashi Peripherals Ltd specialize on information and communication technology (ICT)-related goods. Aside from warranty management, pre-sales, technical support, marketing, and credit solutions, the company also provides value-added services. Customers include Belkin Asia Pacific Limited, TPV Technology India Pvt Ltd., LG Electronics India, NVIDIA Corporation, ASUS Global Pte. Ltd., Eaton Power Quality Private Limited, Eaton International Computer Co. Ltd., Lenovo India Private Limited, Logitech Asia Pacific Limited, Schneider Electric IT Business India Private Limited, NVIDIA
Corporation, Intel Americas, Inc., Western Digital (UK) Limited, and Schneider Electric IT Business India Private Limited. Rashi Peripherals, with 50 branches, 63 warehouses, and 8657 dealers spread throughout 680 locations in 28 Indian states and union territories, served as the national distributor for 52 international technology companies as of September 30, 2023. The company employed 1,433 individuals as of September 30, 2023, of whom 549 worked in sales and marketing and 64 in technical support.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Rashi Peripherals Limited |
| Phone number | +91 22 6177 1771/72 |
| Email ID | [email protected] |
| Website | rptechindia.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Rashi Peripherals Ltd FAQs
When Rashi Peripherals IPO will open?
The Rashi Peripherals IPO opens on February 7, 2024 and closes on February 9, 2024.
What is the lot size of Rashi Peripherals IPO?
Rashi Peripherals IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is Rashi Peripherals 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.
When is Rashi Peripherals IPO listing date?
The Rashi Peripherals IPO listing date is not yet announced. The tentative date of Rashi Peripherals IPO listing is Wednesday, February 14, 2024.
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