Rashi Peripherals Limited IPO

Rashi Peripherals Limited IPO bidding starts from February 7, 2024 and ends on February 9, 2024. The allotment for the Rashi Peripherals Limited IPO is expected to be finalized on February 12, 2024. Rashi Peripherals Limited IPO will list on BSE, NSE with tentative listing date fixed as February 14, 2024. Rashi Peripherals Limited IPO price band is set at ₹295 to ₹311 per share. The minimum lot size for an application is 48 Shares. The minimum amount of investment required by retail investors is ₹14,928.

Important Dates:-

ParticularsValue
Open Date:-February 7, 2024
Close Date:-February 9, 2024
Allotment Date:-February 12, 2024
Listing Date:-February 14, 2024

About Rashi Peripherals Limited :-

Established in 1989, Rashi Peripherals Limited operates as a distributor of leading global technology brands in India, specializing in Information and Communication Technology (ICT) products. The company provides a range of value-added services, including pre-sales, technical support, marketing, credit solutions, and warranty management.

Rashi Peripherals Limited is structured around two main business verticals. The first, known as Personal Computing, Enterprise, and Cloud Solutions (PES), encompasses personal computing devices, enterprise solutions, embedded designs/products, and cloud computing. The second vertical, Lifestyle and IT Essentials (LIT), involves the distribution of various products such as components (e.g., graphics cards, CPUs, motherboards), storage and memory devices, lifestyle peripherals, accessories (keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers, gaming accessories), power devices (UPS, inverters), and networking and mobility devices.

The company serves a diverse clientele, including 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 Americas, 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 Private Limited, and Toshiba Electronic Components Taiwan Corporation, among others.

As of September 30, 2023, Rashi Peripherals holds the national distribution rights for 52 global technology brands. The company boasts a widespread presence with 50 branches and 63 warehouses strategically located across India. It operates through a network of 8,657 distributors spanning 680 locations in 28 States and Union Territories in India.

As of the same date, the company's workforce numbered 1,433 employees, including 549 in the sales and marketing team and 64 in the technical support team.

Contact Details :-

Address:- Rashi Peripherals Limited Ariisto House, 5th Floor, Corner of Telli Gall Andheri (E) Mumbai 400 069

Phone:- +91 22 6177 1771/72

E-mail:- investors@rptechindia.com

Website:- https://www.rptechindia.com/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹295 to ₹311
Lot Size:-48
Minimum Amount for 1 Lot:-14,928
Listing At:-BSE, NSE
Total issue of Shares:-1,92,92,604
Total issue Size:-600 Crore
Fresh issue of Shares:-1,92,92,604
Fresh issue Size:-600 Crore
Face Value:-5 per Equity Share
Retail Quota:-35%
QIB Quota:-50%
NII Quota:-15%

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets4,058.642,798.602,669.761,594.39
Revenue5,473.279,468.959,321.925,930.24
Profit After Tax72.02123.34182.51136.35
Net Worth772.74700.12575.07394.19
Reserves and Surplus686.24760.36557.84395.99
Total Borrowing1,395.201,065.76881.74488.99

Key Performance Indicator :-

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Market Cap (₹ in Crore):-2,049
ROE:-19.33%
ROCE:-14.21%
Debt/Equity:-1.53
RoNW:-17.60%

IPO Registrar :-

Name:- Link Intime India Private Ltd

Website:- https://linkintime.co.in/initial_offer/public-issues.html

IPO Prospectus :-

ParticularsLink
Rashi Peripherals Limited IPO DHRP:-Click Here
Rashi Peripherals Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
02-02-2024 6337420.26%
03-02-2024 8539627.33%
04-02-2024 8539627.33%
05-02-2024 7038122.51%
06-02-2024 7939025.4%
07-02-20247939025.4%
08-02-2024 7538624.12%
09-02-20248339426.69%
10-02-2024 8339426.69%
11-02-2024 7538624.12%
12-02-20246137219.61%
13-02-2024 4335413.83%
14-02-20243434510.93%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 7, 20240.011.991.481.991.991.17
February 8, 20240.756.233.706.236.233.40
February 9, 2024151.4566.1511.0166.1566.1562.95

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 12, 2024)Click Here

Listing Details :-

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Listing Date:-February 14, 2024
BSE Script Code:-544119
NSE Symbol :-RPTECH
ISIN:-INE0J1F01024
Final Issue Price:-311.00
Open:-339.50
Low:-318.00
High:-342.70
Close:-321.50

Rashi Peripherals Limited IPO FAQ :-

What is the opening date for Rashi Peripherals Limited IPO?

The Rashi Peripherals Limited IPO opens on February 7, 2024.

What is the closing date for Rashi Peripherals Limited IPO?

The Rashi Peripherals Limited IPO closes on February 9, 2024.

When will the shares be allotted for Rashi Peripherals Limited IPO?

Shares of Rashi Peripherals Limited IPO will be allotted on February 12, 2024.

What is the listing date for Rashi Peripherals Limited IPO?

The listing date for Rashi Peripherals Limited IPO is February 14, 2024.

What is the price/ price range for Rashi Peripherals Limited IPO?

The price/ price range for Rashi Peripherals Limited IPO is ₹295 to ₹311.

What is the minimum lot size for the Rashi Peripherals Limited IPO?

The minimum lot size for Rashi Peripherals Limited IPO is 48 shares.

What is the minimum investment required for retail investors in the Rashi Peripherals Limited IPO?

The minimum investment required for retail investors in the Rashi Peripherals Limited IPO is ₹14,928.

What type of IPO is the Rashi Peripherals Limited IPO?

The type of Rashi Peripherals Limited IPO is Mainline.

What is the total issue size of the Rashi Peripherals Limited IPO?

The total issue size of Rashi Peripherals Limited IPO is ₹600 Crore.

How many shares are being offered in the Rashi Peripherals Limited IPO?

Total 1,92,92,604 shares are being offered in the Rashi Peripherals Limited IPO.

What is the face value of Rashi Peripherals Limited IPO share?

The face value of Rashi Peripherals Limited IPO share is ₹5.

What is the market capitalization of the Rashi Peripherals Limited IPO?

The market capitalization of the Rashi Peripherals Limited IPO is ₹2049.48 Crore.

Who is the registrar for the Rashi Peripherals Limited IPO?

The registrar for the Rashi Peripherals Limited IPO is Link Intime India Private Ltd.

Where can I check the IPO Allotment status for Rashi Peripherals Limited IPO?

You can check the IPO Allotment status for Rashi Peripherals Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.

What is the email address and website of Rashi Peripherals Limited IPO?

The email address of Rashi Peripherals Limited IPO is investors@rptechindia.com and website is https://www.rptechindia.com/.

What is the Rashi Peripherals Limited IPO GMP (Grey Market Premium) as of 14-02-2024?

The latest GMP for Rashi Peripherals Limited IPO is ₹34 as of 14-02-2024.