| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹600.00 Cr |
| Fresh Issue | ₹600.00 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน295.00-311.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544119 |
| NSE Code | RPTECH |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 48 shares and in multiples thereof
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:
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by the Company | 326.00 |
| 2 | Funding working capital requirements of the Company | 220.00 |
| 3 | General corporate purpose | 8.14 |
| 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 |
| Total Income | 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 | ||||
| KPI | |
|---|---|
| ROE | 19.33% |
| ROCE | 14.21% |
| Debt / Equity | 1.53% |
| RoNW | 17.60% |
| PAT Margin | 1.30% |
| Price to Book Value | 1.86 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 26.46 | 21.86 |
| P/E (x) | 11.75 | 14.23 |
| Promoter Holding | 89.65% | 63.41% |
| Market Cap | โน2049.48 Cr. | |