Rashi Peripherals Ltd. IPO

Rashi Peripherals, a tech titan in India, reigns supreme in distributing global ICT brands. Boasting over 33 years of experience and a nationwide network, they're the fastest-growing player, with revenue soaring over 50% in just two years. Rashi goes beyond mere distribution, offering value-added services like pre-sales, technical support, and even credit solutions. Their legacy is impressive: instrumental in formalizing India's fragmented tech market, they've helped launch countless global brands. With a diverse portfolio spanning computers to wearables, Rashi seamlessly connects cutting-edge tech to millions across India.

RHP
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DRHP
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Open Date

2024-02-07

Close Date

2024-02-09

Rashi Peripherals Ltd. IPO Details

Check out the issue details for Rashi Peripherals Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 311

Price Band

₹ 295 - 311

Issue Size

600 Cr.

Issue Type

Book Built

Open

2024-02-07

Close

2024-02-09

Listingprice

₹ 339.5

ListingGain

9.16%

Listing Date

2024-02-14

CMP

₹ 362.2

Current Return

16.46%

Rashi Peripherals Ltd. News

Rashi Peripherals informs about monitoring agency report29 Oct, 5:24PM Rashi Peripheral - Quaterly Results29 Oct, 2:29PM Rashi Peripheral - Quaterly Results29 Oct, 2:29PM Rashi Peripheral - Quaterly Results9 Aug, 4:05PM Rashi Peripheral - Quaterly Results9 Aug, 4:05PM Rashi Peripheral - Quaterly Results9 Aug, 4:05PM Rashi Peripheral - Quaterly Results24 May, 4:11PM Rashi Peripheral - Quaterly Results24 May, 4:11PM Rashi Peripheral - Quaterly Results24 May, 4:11PM Rashi Peripherals secures order worth Rs 1510.99 crore5 Apr, 9:29AM Rashi Peripherals informs about credit rating23 Mar, 3:33PM Rashi Peripherals informs about transcript of investors meet4 Mar, 4:04PM Rashi Peripherals informs about audio recording of analyst meet 1 Mar, 10:04AM Rashi Peripheral - Quaterly Results29 Feb, 3:04PM Rashi Peripheral - Quaterly Results29 Feb, 3:04PM Rashi Peripheral - Quaterly Results29 Feb, 3:04PM Rashi Peripherals informs about closure of trading window21 Feb, 5:13PM Rashi Peripherals coming with IPO to raise upto Rs 633 crore6 Feb, 12:22PM Rashi Peripherals files Rs 750 crore IPO papers with SEBI 25 Jan, 12:37PM

Company Financials

You can get the following financial statements of Rashi Peripherals Ltd. as of now.

Company Name

Rashi Peripherals Ltd.

Exchange

NSE: RPTECH BSE: 544119

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Rashi Peripherals Limited IPO is as:

  • The issue size of the IPO is 600 Cr.
  • The shares of Rashi Peripherals Limited IPO will list on 14th February 2024.
  • The price band for Rashi Peripherals Limited IPO is Rs 295 to Rs 311.
  • The latest tentative GMP of Rashi Peripherals Limited IPO is Rs 70.
  • The shares of Rashi Peripherals Limited IPO is subscribed 62.95 Times as of 9th February 2024. 

 

Rashi Peripherals Limited IPO Valuation

The approx valuation of Rashi Peripherals Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 311
Existing Shares (Qty) 4.66 Cr
Fresh Issue 600 Cr
Market Cap 2049.26 Cr
EPS (FY23) Rs 29.50
PE Ratio 10.54x
Industry PE 9.92x

 

Rashi Peripherals Limited IPO Issue Size

Rashi Peripherals Limited IPO issue size is 600 Cr. 

Issue Amount
Fresh Issue 600 Cr
Offer For Sale 0 Cr

 

Rashi Peripherals Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 48 shares and a maximum of 13 lots of 624 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 48 14,928
 Maximum 13 624 1,94,064

 

Rashi Peripherals Limited IPO share offer

The shares of Rashi Peripherals Limited IPO is subscribed 62.95 Times as of 9th February 2024. The category-wise shares offered are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 151.45 Times
Non-Institutional Minimum 15% 66.15 Times
Retail Individual Minimum 35% 11.01 Times
Total   62.95 Times

Find below the dates for Rashi Peripherals Limited IPO:

Schedule Date
Basis of Allotment 12 February 2024
Refunds 13 February 2024
Credit to Demat Account 13 February 2024
IPO Listing Date 14 February 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 3917.92 5863.76 9160.82 9262.25 10731
Total Expenditure 3830.29 5668.55 8859.25 9008.68 10445.26
Operating Profit 87.63 195.21 301.57 253.57 285.73
Other Income 8.03 5.53 8.1 14.84 17.08
Interest 36.91 30.02 57.8 89.07 110.1
Depreciation 2.11 6.16 10.49 15.26 17.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 56.64 164.57 241.38 164.09 175.39
Provision for Tax 14.48 42.32 60.7 41.01 42
Net Profit 42.16 122.25 180.68 123.07 133.39
Adjusted EPS (Rs.) 1.01 2.93 0.21 2.95 2.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.99 0.99 20.89 20.89 32.95
Total Reserves 236.75 388.9 548.51 667.91 1498.29
Borrowings 17.76 64.13 59.71 63.66 0
Other N/C liabilities 1.79 11.9 13.69 18.19 3.01
Current liabilities 777.54 1080.72 1956.31 2017.61 2185.62
Total Liabilities 1034.83 1546.65 2599.11 2756.43 3719.87
Assets
Net Block 14.13 53.78 62.29 69.38 65.11
Capital WIP 0.77 3.16 0.09 3.97 0
Intangible WIP 0 0 0 0 0
Investments 15.41 4.5 11.83 10.6 3.54
Loans & Advances 15.85 21.42 24.73 28.43 32.11
Other N/C Assets 0 13.75 15.7 9.07 0.29
Current Assets 988.67 1450.05 2484.47 2634.98 3618.82
Total Assets 1034.83 1546.65 2599.11 2756.43 3719.87
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 4.37 5.15 6.89 4.94
Profit Before Tax 34.3 39.04 72.48 81.3
Tax 8.78 6.63 17.76 12.97
Profit After Tax 25.52 32.4 54.72 68.33
Adjusted EPS (Rs) 6.11 4.92 8.3 10.37

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 63.41 0
Jun 2024 63.41 0
Mar 2024 63.41 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 56.64 164.57 241.38 164.09 175.39
Adjustment 38.87 31.49 69.82 90.68 121.58
Changes in Assets & Liabilities 8.64 -281.35 -543.42 -317.79 -331.17
Tax Paid -14.49 -35.06 -74.65 -49.84 -47.54
Operating Cash Flow 52.95 -120.35 -306.87 -112.87 -81.75
Investing Cash Flow -1.59 -9.96 -7.16 -4.05 5.25
Financing Cash Flow -47.03 136.18 338.06 108.57 186.98
Net Cash Flow 4.34 5.87 24.03 -8.35 110.48
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