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Rashi Peripherals Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 600

Price Range (₹)

₹ 311

Lot Size

48

Min Investment (₹)

₹ 14,928.00

Listing Exchange

MumbaiNSE

Open Date

07-Feb-2024

Close Date

09-Feb-2024

Listing Date

14-Feb-2024

Rashi Peripherals Ltd News

Price Performance

1 Week8.59
1 Month19.71
3 Month14.39
6 Month32.72

Rashi Peripherals Ltd IPO Details

Initial public offering of 19,292,604 equity shares* of face value of Rs. 5 each (Equity Shares) of Rrashi Peripherals Limited (The Company or the Issuer) for cash at a price of Rs. 311 per equity share including a share premium of Rs. 306 per equity share (the Offer Price) aggregating up to Rs. 600.00 crores** (the Offer). The offer will constitute 29.28% of the post-offer paid-up equity share capital of the company. *Subject to finalisation of the basis for allotment. **The company, in consultation with the brlms, has undertaken a pre-ipo placement of equity shares aggregating to Rs. 150.00 crores. The size of the fresh issue has been reduced by Rs. 150.00 crores pursuant to the pre - ipo placement. Accordingly, the revised fresh issue size is up to Rs. 600.00 crores.

Objective of issue

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

Rashi Peripherals Ltd Contact Details

Rashi Peripherals Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investors@rptechindia.com

Website - www.rptechindia.com