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Rashi Peripherals Ltd.

Rashi Peripherals Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹311
₹311
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹311
Based on GMP
Min. Investment
₹14,928
1 lot × 48 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Feb 2024
Close Date
09 Feb 2024
Allotment
12 Feb 2024
Listing Date
14 Feb 2024
Exchange
NSE & BSE
Price Band
₹311
Listing Price
See chart
Allotment Status
Price Band
₹311
Per share
Face Value
₹5 per share
 
Lot Size
48 Shares
per lot
Issue Size
1,92,92,604 shares (aggregating up to ₹600.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,928
1 lot
Pre-IPO Holding
4,66,07,061 shares
Promoters
Post-IPO Holding
6,58,99,665 shares
Promoters
P/E (Pre)
11.75x
 
P/E (Post)
14.23x
 
EPS (Pre)
₹26.46
 
EPS (Post)
₹21.86
 
UPI Deadline
2024-02-09
Mandate
Anchor AllotmentTue, 06 Feb 2024
Basis of AllotmentMon, 12 Feb 2024
Refund InitiationTue, 13 Feb 2024
Demat CreditTue, 13 Feb 2024
Listing DayWed, 14 Feb 2024
UPI Mandate Deadline2024-02-09
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rashi Peripherals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Feb 2024.
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)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
19,292,604
100% ₹600.00
IPO Shares Offered
Rashi Peripherals Ltd. IPO total issue size: ₹600.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 19,292,604 ₹600.00
100.00%
* Based on upper price band ₹311 per share
Lot Size & Investment
Lot Size
48
Shares per Lot
Issue Price
₹311.00
Upper Band
Min Investment
₹14,928
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)296₹29,856
Retail (Max — 13 Lots)13624₹194,064
S-HNI (Min — 14 Lots)14672₹208,992
B-HNI (Min — 68 Lots)683,264₹1,015,104
* Issue Price ₹311 × Lot Size 48 shares
IPO Schedule
Anchor
06 Feb 2024
✓ Done
IPO Open
07 Feb 2024
✓ Done
IPO Close
09 Feb 2024
✓ Done
Allotment
12 Feb 2024
✓ Done
Refunds
13 Feb 2024
✓ Done
Demat Credit
13 Feb 2024
✓ Done
Listing Day
14 Feb 2024
✓ Done
Rashi Peripherals Ltd. — Live Price LIVE
₹311.00
INR · BSE
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Issue ₹311.00 Live Price
About Rashi Peripherals Ltd.
Incorporated in 1989, Rashi Peripherals Limited is a company that distributes global technology brands in India. They specialize in products related to ICT or Information and Communication Technology. The company's service offerings include value-added services such as pre-sales, technical support, marketing services, credit solutions and warranty management services.The company has two business verticals:Personal computing, enterprise and cloud solutions (PES): This includes personal computing devices, enterprise solutions, embedded designs/products and cloud computing.Lifestyle and IT essentials (LIT): This includes the distribution of products such as (i) components such as graphics cards, central processing units (CPUs) and motherboards; (ii) storage and memory devices; (iii) lifestyle peripherals and accessories such as keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers and gaming accessories; (iv) power devices such as UPS and inverters; and (v) networking and mobility devices.The company's clients include 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 is the national distributor for 52 global technology brands and has 50 branches, and 63 warehouses across India, with 8657 distributors across 680 locations in 28 States and Union Territories in India.As at September 30, 2023, the company had 1,433 employees, including 549 employees in the sales and marketing team and 64 employees in the technical support team. 
Objects of the Issue
1
Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by the Company;
2
Funding working capital requirements of the Company; and General corporate purposes
Rashi Peripherals Ltd. Financials (Amount in Crore)
Revenue from Operations
₹9,321.9
31 Mar 2022
₹9,469.0
31 Mar 2023
₹5,473.3
30 Sep 2023
Profit After Tax (PAT)
₹182.5
31 Mar 2022
₹123.3
31 Mar 2023
₹72.0
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 5473.27 9468.95 9321.92
EBITDA N/A N/A N/A
Profit After Tax (PAT) 72.02 123.34 182.51
Net Worth 772.74 700.12 575.07
Total Assets 4058.64 2798.60 2669.76
Reserves & Surplus 686.24 760.36 557.84
Borrowings 1395.20 1065.76 881.74
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
1.86
RoE
19.33%
RoCE
14.21%
RoNW
17.60%
Debt/Equity
1.53
Issue Structure & Shareholding
Total Shares Offered1,92,92,604 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,66,07,061 shares
Post-Issue Promoter Holding6,58,99,665 shares
P/BV Ratio1.86
RoE19.33%
RoCE14.21%
Debt / Equity1.53
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd.
ICICI Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rashi Peripherals Ltd. IPO subscribed?

Rashi Peripherals Ltd. IPO is subscribed 1.00 times by Feb 09, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rashi Peripherals Ltd. IPO retail subscription status?

The Rashi Peripherals Ltd. IPO retail category is subscribed 1.00 times as of 09 Feb 2024. The retail portion is oversubscribed.

How to subscribe Rashi Peripherals Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Feb 2024 and closes 09 Feb 2024. Min investment: ₹14,928 (1 lot = 48 shares). UPI mandate: 2024-02-09.

How many times Rashi Peripherals Ltd. IPO subscribed?

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

How to check Rashi Peripherals Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Feb 2024. Refunds: on 13 Feb 2024.

When Rashi Peripherals Ltd. IPO will be listed?

The Rashi Peripherals Ltd. IPO listing date is 14 Feb 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹311. Estimated listing: ₹311. GMP: NIL.

When Rashi Peripherals Ltd. IPO close?

The Rashi Peripherals Ltd. IPO closes on 09 Feb 2024, Friday. UPI mandate: 2024-02-09. Allotment: 12 Feb 2024. Listing: 14 Feb 2024.