News & Notification Detail

Notification for RASHI PERIPHERALS IPO

Notification for RASHI PERIPHERALS IPO

Rashi Peripherals IPO is a book built issue of Rs 600.00 crores. The issue is entirely a fresh issue of 1.93 crore shares.

Rashi Peripherals IPO opens for subscription on February 7, 2024 and closes on February 9, 2024. The allotment for the Rashi Peripherals IPO is expected to be finalized on Monday, February 12, 2024. Rashi Peripherals IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, February 14, 2024.

Rashi Peripherals 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. The minimum lot size investment for sNII is 14 lots (672 shares), amounting to ?208,992, and for bNII, it is 67 lots (3,216 shares), amounting to ?1,000,176.

Jm Financial Limited and ICICI Securities Limited are the book running lead managers of the Rashi Peripherals IPO, while Link Intime India Private Ltd is the registrar for the issue.

RASHI PERIPHERALS IPO DETAILS

IPO Date

February 7, 2024 to February 9, 2024

Listing Date

 

February 12, 2024

Face Value

?5 per share

Price Band

?295 to ?311 per share

Lot Size

48 Shares

Total Issue Size

19,292,604 shares
(aggregating up to ?600.00 Cr)

Fresh Issue

19,292,604 shares
(aggregating up to ?600.00 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Share holding pre issue

46,607,061

Share holding post issue

65,899,665

 

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