{"id":5655,"date":"2024-02-02T18:00:12","date_gmt":"2024-02-02T12:30:12","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5655"},"modified":"2024-02-03T14:06:56","modified_gmt":"2024-02-03T08:36:56","slug":"rashi-peripherals-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/rashi-peripherals-ipo-details\/","title":{"rendered":"Rashi Peripherals IPO Details - Complete Overview of Rashi Peripherals Limited IPO"},"content":{"rendered":"\n<p><strong>Rashi Peripherals<\/strong> <strong>IPO Price: <\/strong>\u20b9295 to \u20b9311\u00a0<strong><br>IPO Date Range:<\/strong> Feb 7, 2024 - Feb 9, 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"661\" height=\"340\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Rashi-Peripherals-Limited-logo.jpg\" alt=\"Rashi Peripherals IPO\" class=\"wp-image-5656\" style=\"width:289px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Rashi-Peripherals-Limited-logo.jpg 661w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Rashi-Peripherals-Limited-logo-150x77.jpg 150w\" sizes=\"(max-width: 661px) 100vw, 661px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\">Foundation &amp; Business Essence<\/h2>\n\n\n\n<p>Rashi Peripherals Limited started in 1989. They're a company that brings and sells global technology brands in India. They're experts in products related to Information and Communication Technology (ICT).<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Product Portfolio<\/h2>\n\n\n\n<p>The company provides a range of value-added services, including pre-sales support, technical assistance, marketing solutions, credit options, and warranty management. Its business operations are divided into two main verticals:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Personal Computing, Enterprise, and Cloud Solutions (PES): This segment encompasses personal computing devices, enterprise solutions, embedded designs\/products, and cloud computing services.<\/li>\n\n\n\n<li>Lifestyle and IT Essentials (LIT): This division focuses on the distribution of various products, including:<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Components such as graphics cards, CPUs, and motherboards.<\/li>\n\n\n\n<li>Storage and memory devices.<\/li>\n\n\n\n<li>Lifestyle peripherals and accessories like keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers, and gaming accessories.<\/li>\n\n\n\n<li>Power devices such as UPS and inverters.<\/li>\n\n\n\n<li>Networking and mobility devices.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Network and Presence<\/h2>\n\n\n\n<p>The company boasts an impressive clientele, including prominent names such as ASUS Global Pte. Ltd., Dell International Services India Private Limited, HP India Sales Private Limited, Lenovo India Private Limited, Logitech Asia Pacific Limited, Intel Americas, Inc., Schneider Electric IT Business India Private Limited, Belkin Asia Pacific Limited, TPV Technology India Pvt Ltd., LG Electronics India Private Limited, and Toshiba Electronic Components Taiwan Corporation, among others.<\/p>\n\n\n\n<p>As of September 30, 2023, Rashi Peripherals serves as the national distributor for 52 leading global technology brands. The company operates through 50 branches and maintains 63 warehouses strategically located across India. With an extensive network, it has established partnerships with 8,657 distributors spanning 680 locations in 28 States and Union Territories in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Rashi Peripherals IPO Specifics:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>February 7, 2024 to February 9, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, February 14, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b95 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9295 to \u20b9311\u00a0 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>48 shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>19,292,604 shares<br>(aggregating up to \u20b9600.00 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>19,292,604 shares<br>(aggregating up to \u20b9600.00 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>46,607,061<\/td><\/tr><tr><td>Share holding post issue<\/td><td>65,899,665<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rashi Peripherals IPO Lot Size<\/h2>\n\n\n\n<p>Investors have the option to bid for a minimum of 48 shares, and they can bid in multiples of this amount. The table below outlines the minimum and maximum investment amounts for retail investors and HNIs, both in terms of shares and total value.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>48<\/td><td>\u20b914,928<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>624<\/td><td>\u20b9194,064<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>672<\/td><td>\u20b9208,992<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>66<\/td><td>3,168<\/td><td>\u20b9985,248<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>67<\/td><td>3,216<\/td><td>\u20b91,000,176<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rashi Peripherals IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Issue<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Issue<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Rashi Peripherals IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, February 7, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, February 9, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, February 12, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, February 13, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, February 13, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, February 14, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on February 9, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Rashi Peripherals Limited IPO Financial Information<\/h2>\n\n\n\n<p>During the financial year ending on March 31, 2023, Rashi Peripherals Limited experienced a modest increase in revenue, with a growth of 1.58%. However, the profit after tax (PAT) saw a decline, dropping significantly by -32.42% when compared to the financial results of the previous year ending on March 31, 2022.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>30 Sep 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>1594.39<\/td><td>2669.76<\/td><td>2978.60<\/td><td>4058.64<\/td><\/tr><tr><td>Revenue<\/td><td>5930.24<\/td><td>9321.92<\/td><td>9468.95<\/td><td>5473.27<\/td><\/tr><tr><td>Profit After Tax<\/td><td>136.35<\/td><td>182.51<\/td><td>123.34<\/td><td>72.02<\/td><\/tr><tr><td>Net Worth<\/td><td>394.19<\/td><td>575.07<\/td><td>700.12<\/td><td>772.74<\/td><\/tr><tr><td>Reserves &amp; Surplus<\/td><td>395.99<\/td><td>557.84<\/td><td>760.36<\/td><td>686.24<\/td><\/tr><tr><td>Total Borrowing<\/td><td>488.99<\/td><td>881.74<\/td><td>1065.76<\/td><td>1395.20<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Rashi Peripherals IPO<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap (\u20b9 Cr.)<\/td><td>2049.48<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>26.46<\/td><\/tr><tr><td>P\/E (x)<\/td><td>11.75<\/td><\/tr><tr><td>ROE<\/td><td>19.33<\/td><\/tr><tr><td>ROCE<\/td><td>14.21<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>1.53<\/td><\/tr><tr><td>RoNW<\/td><td>17.60%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company intends to use the net proceeds from the Offer for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Prepayment or scheduled re-payment of all or a portion of certain outstanding borrowings availed by the Company.<\/li>\n\n\n\n<li>Funding the working capital requirements of the Company.<\/li>\n\n\n\n<li>General corporate purposes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2023\/rashi-peripherals-limited_67397.html\" target=\"_blank\" rel=\"noopener\">Rashi Peripherals DRHP<\/a> and <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2024\/rashi-peripherals-limited-rhp_80971.html\" target=\"_blank\" rel=\"noopener\">Rashi Peripherals RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Rashi Peripherals Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Rashi Peripherals Limited\" IPO is \u20b9295 to \u20b9311 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Rashi Peripherals Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Rashi Peripherals Limited\" IPO is expected to be listed on Wednesday, 14 February 2024.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Rashi Peripherals IPO Price: \u20b9295 to \u20b9311\u00a0IPO Date Range: Feb 7, 2024 - Feb 9, 2024 Foundation &amp; Business Essence Rashi Peripherals Limited started in 1989. They're a company that brings and sells global technology brands in India. They're experts in products related to Information and Communication Technology (ICT). Product Portfolio The company provides a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5655"}],"version-history":[{"count":4,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5655\/revisions"}],"predecessor-version":[{"id":5660,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5655\/revisions\/5660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5667"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}