Rajeshwari Cans Limited IPO
BSE SMEListed On: Apr 15, 2021 at ₹ 20.75
₹ 120000 /6000 Shares
Check AllotmentIPO Details
31 Mar, 2021
Open Date06 Apr, 2021
Close Date12 Apr, 2021
Allotment Date15 Apr, 2021
Listing DateIssue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
20.75Listing Date
2021-04-15Market Lot
6000 Shares (120,000/-)Lead Manager
Fedex Securities LimitedIssue Size
2,016,000 Eq Shares of ₹10 (aggregating up to ₹4.03 Cr)Retail Portion
N/ASubscription
1.40 timesIPO Docs
DRHPIPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 954,000 | 954,000 | 1,908,000 |
| Day 1 - 31-03-21 07:00 PM | 0.13 x | 0.10 x | 0.12 x |
| Day 2 - 01-04-21 07:00 PM | 0.34 x | 0.19 x | 0.26 x |
| Day 3 - 02-04-21 07:00 PM | 0.34 x | 0.19 x | 0.26x x |
| Day 4 - 05-04-21 07:00 PM | 1.02 x | 0.61 x | 0.81 x |
| Day 5 - 06-04-21 07:00 PM | 1.60 x | 1.19 x | 1.40 x |
Valuations
Earnings Per Share (EPS)
₹0.35/-P/E Ratio
56.41RoNW
8.44%Net Asset Value (NAV) - Post Issue
₹14.74/-Company Financials All values are in ₹ Cr.
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|
| Assets | 12.34 | 13.22 | 11.60 |
| Revenue | 22.09 | 21.32 | 18.49 |
| Profit After Tax | 0.18 | 0.15 | 0.11 |
About The Company
Rajeshwari Cans Limited is primarily engaged in the business of manufacturing round-printed tin containers of different sizes for packing material and also performs printing work on it. The company supplies its tin containers to tobacco manufacturers and paint companies. It manufactures 50 gm to 500 gm containers for the packing of tobacco material and up to 5 liters of containers for the paint industry.
It has a manufacturing unit at Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate where it carries out all of the manufacturing activities.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Rajeshwari Cans Limited | 1.36 | 56.41 | 8.44% | 22.09 |
| Tinplate company of India Limited | 2.18 | 23.88 | 9.11% | 2,105.71 |
| Hindustan Tin Works Limited | 0.43 | 6.01 | 7.11% | 297.68 |
| Kaira Can Company Limited | 1.46 | 18.30 | 7.99% | 157.29 |
| Shreton Limited | 0.44 | (7.82) | (5.59)% | 162.36 |
- Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 61.71%
Company Promoter(s)
- Bharatkumar Vora
- Harshad Kumar Vora
- Siddharth Vora
- Pratik Vora
IPO - Issue Objectives
- Meeting incremental working capital requirement of the business.
- General corporate purposes.
IPO - FAQs
Ans. Rajeshwari Cans Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Mar 31, 2021, and closes on Apr 6, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Rajeshwari Cans Limited IPO opens on Mar 31, 2021 and closes on Apr 6, 2021.
Ans. The size of Rajeshwari Cans Limited IPO is 2,016,000 Eq Shares of ₹10 (aggregating up to ₹4.03 Cr).
Ans. The IPO price band is set between ₹20 per equity share.
Ans. To apply for Rajeshwari Cans Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Rajeshwari Cans Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Rajeshwari Cans Limited IPO is Apr 12, 2021.
Ans. The Rajeshwari Cans Limited IPO will be listed on Apr 15, 2021.
Ans. Follow the steps to check the allotment status for Rajeshwari Cans Limited IPO here.
