Rangoli Tradecomm Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

09 Mar 2021

Close Date

12 Mar 2021

Allotment

18 Mar 2021

Listing Date

22 Mar 2021

Exchange

BSE SME

Price Band

₹207

Listing Price

See chart

Allotment Status

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Price Band

₹207

Per share

Face Value

₹10 per share

Lot Size

600 Shares

per lot

Issue Size

21,81,000 shares (aggregating up to ₹45.15 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹124,200

1 lot

Pre-IPO Holding

60,60,008 shares

Promoters

Post-IPO Holding

82,41,008 shares

Promoters

UPI Deadline

2021-03-12

Mandate

Anchor AllotmentMon, 08 Mar 2021

Basis of AllotmentThu, 18 Mar 2021

Refund InitiationFri, 19 Mar 2021

Demat CreditFri, 19 Mar 2021

Listing DayMon, 22 Mar 2021

UPI Mandate Deadline2021-03-12

Sale TypeFresh Capital

Net Offer to Public20,69,400 shares (aggregating up to ₹42.84 Cr)

Market Maker Quota1,11,600 shares (aggregating up to ₹2.31 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Rangoli Tradecomm Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Mar 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	111,600	—	₹2.31
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,181,000	100%	₹45.15

IPO Shares Offered

Rangoli Tradecomm Ltd. IPO total issue size: ₹45.15 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	111,600	₹2.31	5.12%
Total	2,181,000	₹45.15	100.00%

* Based on upper price band ₹207 per share

Lot Size & Investment

Lot Size

600

Shares per Lot

Issue Price

₹207.00

Upper Band

Min Investment

₹124,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,200	₹248,400
Retail (Max — 13 Lots)	13	7,800	₹1,614,600
S-HNI (Min — 14 Lots)	14	8,400	₹1,738,800
B-HNI (Min — 68 Lots)	68	40,800	₹8,445,600

* Issue Price ₹207 × Lot Size 600 shares

IPO Schedule

Anchor

08 Mar 2021

✓ Done

IPO Open

09 Mar 2021

✓ Done

IPO Close

12 Mar 2021

✓ Done

Allotment

18 Mar 2021

✓ Done

Refunds

19 Mar 2021

✓ Done

Demat Credit

19 Mar 2021

✓ Done

Listing Day

22 Mar 2021

✓ Done

₹207.00

INR · BSE

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Issue ₹207.00 Live Price

About Rangoli Tradecomm Ltd.

Incorporated in 2009, Rangoli Tradecomm is primarily engaged in the buying and selling trading activities of Polymers and Textile products. Its Polymer business segment includes commodity polymer, engineering polymer & chemicals and additives whereas the Textile segment comprises products such as yarns, threads, and fabrics.The company follows both the B2B (business to business) and B2C (business to customer) model to supply textile and polymer products. It is geographically spread across many cities such as Delhi, North India, Haryana, Himachal Pradesh, Rajasthan, Punjab, Gujarat, and Maharashtra.Competitive strengthsStrong brand image.Widespread geographical presence.Logistic capabilities.

Objects of the Issue

1 Meeting Working Capital Requirements

2 General corporate purposes

Rangoli Tradecomm Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹352.2

31-Mar-19

₹16,543.5

31-Mar-20

₹14,684.0

30-Sep-20

Profit After Tax (PAT)

₹292.6

31-Mar-19

₹211.3

31-Mar-20

₹1,092.8

30-Sep-20

Particulars	30-Sep-20	31-Mar-20	31-Mar-19
Revenue from Operations	14683.95	16543.50	352.20
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	1092.77	211.25	292.55
Net Worth	N/A	N/A	N/A
Total Assets	10457.70	7062.74	1049.22
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered21,81,000 (100.00%)

Net Offer to Public20,69,400 shares (aggregating up to ₹42.84 Cr)

Reserved for Market Maker1,11,600 shares (aggregating up to ₹2.31 Cr)

Pre-Issue Promoter Holding60,60,008 shares

Post-Issue Promoter Holding82,41,008 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Rangoli Tradecomm Ltd. IPO subscribed? ▲

Rangoli Tradecomm Ltd. IPO is subscribed 1.00 times by Mar 12, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Rangoli Tradecomm Ltd. IPO retail subscription status? ▼

The Rangoli Tradecomm Ltd. IPO retail category is subscribed 1.00 times as of 12 Mar 2021. The retail portion is oversubscribed.

How to subscribe Rangoli Tradecomm Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Mar 2021 and closes 12 Mar 2021. Min investment: ₹124,200 (1 lot = 600 shares). UPI mandate: 2021-03-12.

How many times Rangoli Tradecomm Ltd. IPO subscribed? ▼

The Rangoli Tradecomm Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rangoli Tradecomm Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Mar 2021. Refunds: on 19 Mar 2021.

When Rangoli Tradecomm Ltd. IPO will be listed? ▼

The Rangoli Tradecomm Ltd. IPO listing date is 22 Mar 2021, Monday. Listed on: BSE SME. Issue price: ₹207. Estimated listing: ₹207. GMP: NIL.

When Rangoli Tradecomm Ltd. IPO close? ▼

The Rangoli Tradecomm Ltd. IPO closes on 12 Mar 2021, Friday. UPI mandate: 2021-03-12. Allotment: 18 Mar 2021. Listing: 22 Mar 2021.

Quick Actions

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Live Price LIVE

Last Price₹207.00

Change—

Issue Price₹207.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹207

Face Value₹10

Lot Size600 Sh

Min. Amount₹124,200

GMPNIL

Est. Listing₹207

Subscribed1.00x

Open Date09 Mar 2021

Close Date12 Mar 2021

Allotment18 Mar 2021

Listing Date22 Mar 2021

ExchangeBSE SME

UPI Deadline2021-03-12