Rangoli Tradecomm Limited IPO
BSE SMEListed On: Mar 21, 2021 at ₹ 211.0
₹ 124200 /600 Shares
Check AllotmentIPO Details
09 Mar, 2021
Open Date12 Mar, 2021
Close Date17 Mar, 2021
Allotment Date21 Mar, 2021
Listing DateIssue Price
₹207 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
211.0Listing Date
2021-03-21Market Lot
600 Shares (₹124,200/-)Lead Manager
Fedex Securities LimitedIssue Size
2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr)Retail Portion
N/ASubscription
1.58 timesIPO Docs
IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,090,500 | 1,090,500 | 2,181,000 |
| Day 1 - 09-03-21 08:00 PM | 0.34 x | 0.07 x | 0.21 x |
| Day 2 - 10-03-21 08:00 PM | 0.99 x | 0.22 x | 0.61 x |
| Day 3 - 12-03-21 05:00 PM | 2.4 x | 0.76 x | 1.58 x |
Valuations
Earnings Per Share (EPS)
₹2.56/-P/E Ratio
80.75RoNW
17.59%Net Asset Value (NAV) - Post Issue
₹113.37/-Company Financials All values are in ₹ Cr.
| 31-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 104.57 | 70.62 | 10.49 | 6.97 |
| Revenue | 146.83 | 165.43 | 3.52 | 0.01 |
| Profit After Tax | 10.92 | 2.11 | 2.92 | (0.01) |
About The Company
Rangoli Tradecomm is primarily engaged in the buying and selling trading activities of Polymers and Textile products. Its Polymer business segment includes commodity polymer, engineering polymer & chemicals and additives whereas the Textile segment comprises products such as yarns, threads, and fabrics.
The company follows both the B2B (business to business) and B2C (business to customer) model to supply textile and polymer products. It is geographically spread across many cities such as Delhi, North India, Haryana, Himachal Pradesh, Rajasthan, Punjab, Gujarat, and Maharashtra.
- Promoter(s)
Pre Issue Share Holding: 78.35%
Post Issue Share Holding: N/A%
Company Promoter(s)
- Ganadship Wholeseller Private Limited
- Ushik Gala
- Sumit Pal Sing
IPO - Issue Objectives
- To raise funds for working capital requirements.
- To meet general corporate purposes.
IPO - FAQs
Ans. Rangoli Tradecomm Limited IPO is a SME IPO. The issue is priced at ₹207 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Mar 9, 2021, and closes on Mar 12, 2021. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Rangoli Tradecomm Limited IPO opens on Mar 9, 2021 and closes on Mar 12, 2021.
Ans. The size of Rangoli Tradecomm Limited IPO is 2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr).
Ans. The IPO price band is set between ₹207 per equity share.
Ans. To apply for Rangoli Tradecomm Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Rangoli Tradecomm 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 Rangoli Tradecomm Limited IPO is Mar 17, 2021.
Ans. The Rangoli Tradecomm Limited IPO will be listed on Mar 21, 2021.
Ans. Follow the steps to check the allotment status for Rangoli Tradecomm Limited IPO here.
