Rashi Peripherals IPO, Review, IPO Performance by IPOPlatform India

About Rashi Peripherals

Company Information

Rashi Peripherals Limited is among the leading value-added national distribution partners for global technology brands in India, specializing in information and communications technology (ICT) products. It ranks highly in terms of revenues and distribution network as of Fiscal 2022 (Source: Technopak Report). The company is also one of the fastest-growing national distribution partners in India, with a significant revenue growth between Fiscal 2020 and Fiscal 2022 (Source: Technopak Report). Its revenue from operations grew at a compound annual growth rate (CAGR) of 53.85%, from '39,344.82 million in Fiscal 2020 to '93,134.38 million in Fiscal 2022, with '50,238.09 million recorded in the six months ended September 30, 2022. The company differentiates itself by offering comprehensive value-added services, including pre-sale activities, solutions design, technical support, marketing

Object of Issue

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

Rashi Peripherals MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Feb, 2024

IPO Size :

600.00 Cr.

Market Cap :

2049.48 Cr.

IPO Subscription :

62.95 X

PE Multiple :

14.44

Merchant Banker :
ICICI Securities Limited

IPO Registrar:
Link Intime India Private Limited

FAQs

1. What is Rashi Peripherals IPO?

Rashi Peripherals operates in Information Technology - Data Solutions and ICT Product Distributor In India. The Issue is listed on MainBoard in Feb, 2024. Rashi Peripherals IPO size was 600.00 Cr. with Issue price of 311.00 .

2. Who is the merchant banker of Rashi Peripherals IPO?

Merchant Banker(s) of Rashi Peripherals IPO: ICICI Securities Limited , Jm Financial Limited

3. How many times Rashi Peripherals IPO was subscribed?

Rashi Peripherals IPO subscription was 62.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Rashi Peripherals IPO?

Rashi Peripherals IPO listed at a listing price of 320.55 against the offer price of 311.00.

5. What is the current market price of Rashi Peripherals IPO?

The current market price of Rashi Peripherals is 381.40.