Rashi Peripherals IPO Date, Review, Price, Allotment Details

Rashi Peripherals is among the leading value-added national distribution partners for global technology brands in India for information and communications technology (ICT) products in terms of revenues and distribution network in Fiscal 2022. (Source: Technopak Report) They are also one of the fastest-growing national distribution partners for global technology brands in India in terms of revenue growth between Fiscal 2020 and Fiscal 2022. (Source: Technopak Report) Their revenue from operations grew at a CAGR of 53.85% from ₹ 39,344.82 million in Fiscal 2020 to ₹ 93,134.38 million in Fiscal 2022 and was ₹ 50,238.09 million in the six months ended September 30, 2022. They differentiate themselves by offering end-to-end value-added services such as pre-sale activities, solutions design, technical support, marketing services, credit solutions, and warranty management services.

They were incorporated in 1989 and have more than 33 years of experience in the distribution of ICT products in India. The Company commenced operations with the manufacturing of peripherals. With the liberalization of the Indian IT sector in 1991 (Source: Technopak Report), they transitioned to the distribution of ICT products of global technology brands in India. They have been instrumental in facilitating the entry of several global technology brands and were among the select players that led the formalization of the fragmented and unorganized ICT product distribution in India. (Source: Technopak Report) Over the years, they have continually expanded their operations and between Fiscal 2002 and the six months ended September 30, 2022, the Company distributed 293.63 million units (including shortages of certain items, and items given free, if any) of ICT products. They have expanded their distribution network across India and as of September 30, 2022, had one of the largest ICT products distribution networks in India. (Source: Technopak Report).

Objects of the Issue

• Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by our Company
• Funding working capital requirements of our Company.
• General corporate purposes

Rashi Peripherals IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• BP Equities: Apply
• Choice Equity Broking: Apply
• Indsec Securities: Apply
• Sushil Finance: Apply
• Swastika Investmart: Apply
• Ventura Securities: Apply

Rashi Peripherals IPO Date & Price Band Details

Rashi Peripherals IPO Market Lot

The Rashi Peripherals IPO minimum market lot is 48 shares with ₹14,928 application amount. The retail investors can apply up-to 13 lots with 624 shares or ₹194,064 amount.

Rashi Peripherals IPO Allotment & Listing Dates

The Rashi Peripherals IPO date is February 7 and the close date is February 9. The Rashi Peripherals IPO allotment will be finalized on February 12 and the IPO listing on February 14.

You can check IPO subscription status and IPO allotment status on their respective pages.

Rashi Peripherals IPO Form

How to apply for the Rashi Peripherals IPO? You can apply for Rashi Peripherals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rashi Peripherals IPO in the Invest section. The other option is you can apply for Rashi Peripherals IPO via IPO forms downloaded via NSE and BSE. Check out the Rashi Peripherals forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Rashi Peripherals Company Financial Report

Rashi Peripherals IPO Valuation – FY2023

Check Rashi Peripherals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Redington India Limited

Company Promoters

• Krishna Kumar Choudhary
• Sureshkumar Pansari
• Kapal Suresh Pansari
• Keshav Krishna Kumar Choudhary
• Chaman Pansari
• Krishna Kumar Choudhary (HUF)
• Suresh M Pansari HUF

Rashi Peripherals IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Rashi Peripherals IPO Allotment Status Check

Check Rashi Peripherals IPO allotment status on Linkintime website allotment URL. Click Here

Rashi Peripherals IPO Lead Managers aka Merchant Bankers

• JM Financial Limited
• ICICI Securities Limited

Company Address

Rashi Peripherals Limited
Ariisto House, 5th Floor
Corner of Telli Galli
Andheri (E), Mumbai 400 069, Maharashtra, India
Tel: +91 22 6177 1771/72
Email – [email protected]
Website: www.rptechindia.com

Rashi Peripherals IPO FAQs