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Rashi Peripherals Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

600.00 cr

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

Latest IPO News

    The Shares of Rashi Peripherals Ltd have now been listed.

    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