Rangoli Tradecomm Limited IPO
BSE SMEListed On: Mar 21, 2021 at ₹ 211.0
₹ 248400 /1200 Shares
*Min Investment
09 Mar, 2021
Open Date12 Mar, 2021
Close Date17 Mar, 2021
Allotment Date21 Mar, 2021
Listing DateIPO Issue Details
- Issue Price ₹207 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr)
- Listing at BSE SME
- List Price 211.0
- Listing Date 2021-03-21
- Lead Manager Fedex Securities Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Rangoli Tradecomm Limited IPO is an SME IPO, priced at ₹207 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 9, 2021 to Mar 12, 2021. The allotment is expected to be finalized on Mar 17, 2021, and the tentative listing date is Mar 21, 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 | 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
Company Financials
| 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 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)
Ganadship Wholeseller Private Limited
Ushik Gala
Sumit Pal Sing
Pre Issue Share Holding : 78.35%
Post Issue Share Holding : N/A%
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Rangoli Tradecomm Limited IPO is 2,181,000 Eq Shares of ₹10 (aggregating up to ₹45.15 Cr).
Ans. The Rangoli Tradecomm Limited IPO price band is set between ₹207 per equity share.
Ans. To apply for Rangoli Tradecomm Limited 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 Rangoli Tradecomm Limited IPO allotment status online.
