Roni Households Limited was founded in 2017 in Maharashtra. The company offers plastic granules and plastic household items. Tubs, buckets, and other items are available. The corporation has leased land for the establishment of a manufacturing unit. Because the company is new and has a low PAT, it is best to avoid the IPO. The Roni Households ipo will begin on November 19 and will end on November 22. The price band is around Rs.20, with a market lot of 6000. The IPO is worth around 3.00 crore rupees.
The company aims to expand its business activities by producing plastic products for household use. The company has leased land at MIDC, Jalgaon, to build up the manufacturing unit.
The corporation is divided into two business segments:
- Trading Business Process and
- Manufacturing Process.
The trading business vertical of the company is a B2B model wherein the company procure goods from suppliers on
a cash or credit basis and supply to it to the clients on a credit basis. The company procure goods on carried out on an “order” basis as well as “demand estimation basis”.
Objects of the Issue:
The company proposes to utilize the Proceeds to:
- Adjustment of Unsecured Loans against the Entitlement of the Promoters
- Partial Repayment of Loan taken from State Bank of India
- Towards working capital requirements
- General Corporate Purposes
Roni Households Rights Issue 2022 Detail
|Issue Open||Dec 9, 2022 – Dec 23, 2022|
|Security Name||Roni Households Limited|
|Issue Size (Shares)||867,189|
|Issue Size (Amount)||₹6.07 Crores|
|Issue Price||₹70 per share|
|Face Value||₹10 per share|
|Terms of Payment||The full amount of Rs 70/- is payable on application.|
|Entitlement||1 Rights Share for every 5 Equity Shares held as on Record Date|
Roni Households Rights Issue 2022 Issue Timetable
|Record Date||Nov 25, 2022|
|Credit of Rights Entitlements||Dec 8, 2022|
|Bid/Offer Opens On||Dec 9, 2022|
|Renunciation of Rights Entitlements||Dec 19, 2022|
|Bid/Offer Closes On||Dec 23, 2022|
|Deemed Date of Allotment||Jan 4, 2023|
|Credit Date||Jan 6, 2023|
|Listing Date||Jan 9, 2023|
Roni Households Limited Financial Information (Restated)
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
Roni Households Rights Issue 2022 Lead Manager(s)
- Aryaman Financial Services Limited
Roni Households Rights Issue 2022 FAQs
Q1. When is Roni Households Rights Issue 2022 coming?
Ans. The Roni Households Rights Issue 2022 opens on Dec 9, 2022, and closes on Dec 23, 2022.
Q2. What is the issue price for Roni Households Rights Issue 2022?
Ans. Roni Households Rights Issue 2022 price is set at ₹70 per share per equity share.
Q3. In what ratio is the Roni Households Rights Issue 2022 offered?
Ans. The eligible shareholders are being offered 1 Rights Share for every 5 Equity Shares held as on Record Date (Nov 25, 2022)
Q4. What is the record date for Roni Households Rights Issue 2022?
Ans. The record date for the Roni Households Rights Issue 2022 is Nov 25, 2022.
Q5. What is the issue size of Roni Households Rights Issue 2022?
Ans. The issue size of Roni Households Rights Issue 2022 is of 867,189 equity shares at ₹70 per share aggregating upto ₹6.07 Crores.
Q6. How to apply for Roni Households Rights Issue 2022?
Ans. You can apply for Roni Households Rights Issue 2022 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Roni Households Rights Issue 2022 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Roni Households Rights Issue 2022 available on the list.
- Click the Apply button next to the Roni Households Rights Issue 2022.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Roni Households Rights Issue 2022 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Roni Households Rights Issue 2022 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.