Rashi Peripherals Limited

Company Profile
Company Name Rashi Peripherals Limited
Open Date 07-02-2024
Close Date 09-02-2024
Exchange BSE, NSE
Lot Size 48 Shares
Issue Price ₹295 to ₹311 per share
Issue Size 1,92,92,604 shares
Application Amount Min. Inv. - ₹ 14,928 (48 shares) Max. Inv. – ₹ 1,94,064 (624 shares)
Recommendation Avoid

Rashi Peripherals Limited was originally incorporated in the year 1989 and has its registered office in Mumbai, Maharashtra, India.The company offers end-to-end services such as pre-sale activities, solutions design, technical support, marketing services, credit solutions and warranty management services.The company is among the leading technology-integrated national distribution partners for global technology brands in India.As of 30th September 2023, the Company had 1,433 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 1,594.39 2,670.16 2,798.60 4,058.64
Net Assets 394.26 575.14 700.19 772.81
Total Borrowings 488.99 881.74 1.065.76 1,395.20
Total Revenue 5,931.74 9,321.92 9,468.95 5,473.27
Profit After Tax 136.35 182.51 123.34 72.02

Tentative Timeline

Opening Date 07/02/2024
Closing Date 09-02-2024
Basis of Allotment 12-02-2024
Initiation of Refunds 13-02-2024
Credit of Shares to Demat 13-02-2024
Listing Date 14-02-2024

Objects of the Issue

Repayment and/or prepayment in part or in full of certain outstanding borrowings of the Company.
Funding the working capital requirements of the company.
General corporate purposes.

Contact Information

Registered Office Rashi Peripherals Limited Ariisto House, 5th Floor, Corner of Telli Gall Andheri (E) Mumbai 400 069
Phone +91 22 6177 1771/72
Email investors@rptechindia.com
Website https://www.rptechindia.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email rptechindia.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB 3,858,521 (20.00%)
NII 2,893,891 (15.00%)
RII 6,752,411 (35.00%)
Anchor investors 5,787,780 (30.00%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 89.65%
Share Holding Post Issue (Promoters) 63.40%

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