73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Rashi Peripherals IPO (Rashi Peripherals Limited IPO) Detail

Rashi Peripherals IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 600.00 Cr. The company is based in Mumbai and caters to Information Technology - Data Solutions sector. ICICI Securities , Jm Financial are the merchant bankers of Rashi Peripherals IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th January 2024.

Rashi Peripherals IPO open date is 7th February 2024 and close date is 9th February 2024. IPO Allotment Date is 12th February 2024 and Listing date is 14th February 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Rashi Peripherals IPO Date

Date of DRHP:
18th January 2024
IPO Open Date:
7th February 2024
IPO Close Date:
9th February 2024
IPO Allotment Date:
12th February 2024
Initiation of Refund:
13th February 2024
IPO Listing Date:
14th February 2024

Rashi Peripherals IPO Info, Size, Subscription

Rashi Peripherals IPO size is ₹ 600.00 Cr. with IPO price of ₹ 311.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 600.00 Cr.

Issue Price:
₹ 311.00

Market Capitalisation :
₹ 2049.48 Cr.

PE multiple :
14.44

Subscription :
62.95 times

Pre Issue Promoter Holding :
89.65 %

Post Issue Promoter Holding :
63.41 %

Rashi Peripherals IPO Information

Sub Sector : ICT product distributor in India
Rashi Peripherals Limited is among the leading value-added national distribution partners for global technology brands in India, specializing in information and communications technology (ICT) products. It ranks highly in terms of revenues and distribution network as of Fiscal 2022 (Source: Technopak Report). The company is also one of the fastest-growing national distribution partners in India, with a significant revenue growth between Fiscal 2020 and Fiscal 2022 (Source: Technopak Report). Its revenue from operations grew at a compound annual growth rate (CAGR) of 53.85%, from '39,344.82 million in Fiscal 2020 to '93,134.38 million in Fiscal 2022, with '50,238.09 million recorded in the six months ended September 30, 2022. The company differentiates itself by offering comprehensive value-added services, including pre-sale activities, solutions design, technical support, marketing
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Object of Issue (Rashi Peripherals IPO Objectives)

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

ICICI Securities Limited is the book-running lead manager of the Rashi Peripherals IPO. Link Intime India Private Limited is the Registrar for Rashi Peripherals IPO.

Rashi Peripherals IPO Registrar (RTA)

Link Intime India Private Limited

Rashi Peripherals IPO Lead Manager (BRLM)

ICICI Securities Limited

Rashi Peripherals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Rashi Peripherals IPO?

Rashi Peripherals IPO, based in Mumbai, operates in the   Information Technology - Data Solutions sector with a focus on ICT product distributor in India. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Rashi Peripherals IPO size is ₹ 600.00 Cr. with fresh issue size of ₹ 600.00 Cr. and Offer for sale being ₹ Nil

When is Rashi Peripherals IPO allotment?

The IPO allotment date for Rashi Peripherals IPO is expected to be 12th February 2024, after the finalization of basis of allotment. Investors can check Rashi Peripherals IPO allotment status on the registrars website, Link Intime India Private Limited . Rashi Peripherals IPO refund dates are 13th February 2024.

When is Rashi Peripherals IPO listing date?

Rashi Peripherals IPO is expected to be listed on 14th February 2024.

What is the price band for Rashi Peripherals IPO?

The upper price band for the Rashi Peripherals IPO is set at ₹ 311.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Rashi Peripherals IPO Review?

For IPO analysis on Rashi Peripherals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Rashi Peripherals IPO?

To apply for the Rashi Peripherals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th February 2024. After submission, funds are blocked until the basis of allotment of Rashi Peripherals IPO is finalised.

Who is the merchant banker of Rashi Peripherals IPO?

The merchant banker for Rashi Peripherals IPO is ICICI Securities Limited , Jm Financial Limited . ICICI Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rashi Peripherals IPO RHP for further details.

Who is the Registrar of Rashi Peripherals IPO?

The registrar for Rashi Peripherals IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rashi Peripherals IPO through their official website or helpline.

What is the Rashi Peripherals IPO subscription?

Rashi Peripherals IPO was subscribed 62.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Rashi Peripherals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rashi Peripherals Financial Review Page

Rashi Peripherals IPO subscription was 62.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rashi Peripherals IPO listed at a listing price of 320.55 against the offer price of 311.00.

The current market price of Rashi Peripherals is 316.15.

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