/ 48 Shares
07-Feb-2024 - 09-Feb-2024
₹ 295 - ₹ 311
₹ 14928.00
48
19,292,604
Face Value - ₹ 5/- Per Share
Listing at NSE BSE
140,675 Application Required in Retail for 1 Time.
Registrar : Link Intime India Private Ltd
Fresh Issue of Equity Shares aggregating upto Rs. 600 Cr
| Category | % | Shares/Amount |
|---|---|---|
| QIB | 50% | 9,646,301 Shares Rs.300.00 Cr |
| HNI 1 | 5% | 946,631 Shares Rs.30.00 Cr @ 1435 Form 1X |
| HNI 2 | 10% | 1,929,260 Shares Rs.60.00 Cr @ 2871 Form 1X |
| Retail | 35% | 6,752,412 Shares Rs.210 Cr @ 140675 Form 1X |
JM Financial, ICICI Securities
| Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
|---|---|---|
| 140675 Form 1X | 1435 Form 1X | 2871 Form 1X |
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Upto 2 Lakh) | 1 | 48 | ₹ 14,928 |
| Retail (Upto 2 Lakh) | 13 | 624 | ₹ 194,064 |
| S-HNI (2 Lakh to 10 Lakh) | 14 | 672 | ₹ 208,992 |
| S-HNI (2 Lakh to 10 Lakh) | 66 | 3168 | ₹ 985,248 |
| B-HNI (Above 10 Lakh) | 67 | 3216 | ₹ 1,000,176 |
09-Feb-2024 13:31
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 3,858,521 ₹ 120.00 Cr. | 46,943,232 ₹ 1459.93 Cr. | 12.17x |
| HNI (<10 LAKH) | 946,631 ₹ 29.44 Cr. | 25,591,680 ₹ 795.90 Cr. | 27.03x |
| HNI2 (>10 LAKH) | 1,929,260 ₹ 60.00 Cr. | 69,622,368 ₹ 2165.26 Cr. | 36.09x |
| RETAIL | 6,752,412 ₹ 210.00 Cr. | 49,155,552 ₹ 1528.74 Cr. | 7.28x |
| Total | 13,486,824 | 191,312,832 | 14.19x |
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 3,858,521 ₹ 120.00 Cr. | 46,943,232 ₹ 1459.93 Cr. | 12.17x |
| HNI (<10 LAKH) | 946,631 ₹ 29.44 Cr. | 25,591,680 ₹ 795.90 Cr. | 27.03x |
| HNI2 (>10 LAKH) | 1,929,260 ₹ 60.00 Cr. | 69,622,368 ₹ 2165.26 Cr. | 36.09x |
| RETAIL | 6,752,412 ₹ 210.00 Cr. | 49,155,552 ₹ 1528.74 Cr. | 7.28x |
| Total | 13,486,824 | 191,312,832 | 14.19x |
*Excluding Anchor
Total No. of Application Approx : ~944041 (6.71 Appwise)
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Rashi Peripheral Limited (“RPL”) was incorporated on March 15, 1989. RPL is among the leading value-added national distribution partners for global technology brands in India for information and communications technology (“ICT”) products. RPL has expanded their distribution network across India and as of September 30, 2023, had one of the largest ICT products distribution networks in India.
RPL primarily operate the following 2 business verticals:
Personal Computing, Enterprise and Cloud Solutions (“PES”): Under this vertical the company distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing.
Lifestyle and IT essentials (“LIT”): This includes the distribution of products.
The company distributes their products primarily through the General Trade, Modern Trade and E-Commerce.
Company’s pan-India distribution network comprises 50 branches that operate for sales and as service centres and 63 warehouses, through which they are able to cover 680 locations in India, as of September 30, 2023.
As of September 30, 2023, they were a national distribution partner for 52 global technology brands that include ASUS Global Pte. Ltd., Dell International Services India Pvt Ltd, HP India Sales Pvt Ltd, Lenovo India Pvt Ltd, Logitech Asia Pacific Ltd, NVIDIA Corporation, Intel Americas, Inc., Western Digital (UK) Ltd, Schneider Electric IT business India Pvt Ltd, Eaton Power Quality Pvt Ltd, ECS Industrial Computer Co., Ltd., Belkin Asia Pacific Ltd, TPV Technology India Pvt Ltd., LG Electronics India Pvt. Ltd. and Toshiba Electronic Components Taiwan Corporation.
Their revenue from operations grew at a CAGR of 26.32% from ?5,925.05 crore in Fiscal 2021 to ? 9,454.28 crore in Fiscal 2023 and was ?5,468.51 crore in the 6 months ended September 30, 2023.
Competitive Strength
Leading and fastest growing Indian distribution partner for information and communications technology products;
Pan-India and multi-channel distribution footprint backed by dedicated in-house infrastructure;
Long-term relationships with marquee global technology brands supported by committed engagement strategy with customers;
Diversified and comprehensive product portfolio and value-added solutions;
Scalable business model supported by advanced technology stack;
Experienced Promoters and professional senior management team.
Business Strategies
Krishna Kumar Choudhary is a Promoter, Chairman and Whole-time Director of the company. Sureshkumar Pansari is a Promoter, Vice-Chairman and Whole-time Director of the company. Kapal Suresh Pansari is a Promoter and Managing Director of the company. Keshav Krishna Kumar Choudhary is a Promoter and Whole-time Director of the company. Yazdi Piroj Dandiwala is an Independent Director of the company. Anandkumar Radhakrishna Ladsariya is an Independent Director of the company. Drushti Rahul Des
Rashi Peripherals Limited's revenue increased by 1.58% and profit after tax (PAT) dropped by -32.42% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,058.64 | 2,798.60 | 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 |
| Net Worth | 772.74 | 700.12 | 575.07 | 394.19 |
| Reserves and Surplus | 686.24 | 760.36 | 557.84 | 395.99 |
| Total Borrowing | 1,395.20 | 1,065.76 | 881.74 | 488.99 |
| Amount in ? Crore | ||||
The company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
Once you create your account, Login to InvestoYard.
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Enter your UPI ID and you will receive mandate on your UPI App.
Once you accept the mandate, Application is submitted successful.
How to Apply for IPOs on InvestoYard
Step 01 : Once you create your account, Login to InvestoYard.
Step 02 : Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Step 03 : Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Step 04 : Enter your UPI ID and you will receive mandate on your UPI App.
Step 05 : Once you accept the mandate, Application is submitted successful.
