Rajeshwari Cans Limited IPO
BSE SMEListed On: Apr 15, 2021 at ₹ 20.75
₹ 240000 /12000 Shares
*Min Investment
31 Mar, 2021
Open Date06 Apr, 2021
Close Date12 Apr, 2021
Allotment Date15 Apr, 2021
Listing DateIPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,016,000 Eq Shares of ₹10 (aggregating up to ₹4.03 Cr)
- Listing at BSE SME
- List Price 20.75
- Listing Date 2021-04-15
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Rajeshwari Cans Limited IPO is an SME IPO, priced at ₹20 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 31, 2021 to Apr 6, 2021. The allotment is expected to be finalized on Apr 12, 2021, and the tentative listing date is Apr 15, 2021.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And 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
Company Financials
| 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 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.
- Promoter(s)
Bharatkumar Vora
Harshad Kumar Vora
Siddharth Vora
Pratik Vora
Pre Issue Share Holding : 100%
Post Issue Share Holding : 61.71%
IPO - Issue Objectives
Meeting incremental working capital requirement of the business.
General corporate purposes.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| 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 |
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Rajeshwari Cans Limited IPO is 2,016,000 Eq Shares of ₹10 (aggregating up to ₹4.03 Cr).
Ans. The Rajeshwari Cans Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for Rajeshwari Cans Limited 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 Rajeshwari Cans Limited IPO allotment status online.
