Rashi Peripherals IPO

Rashi Peripherals Limited

₹14,160 /48 sharesMinimum Investment

Rashi Peripherals IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
7 Feb ‘24 - 9 Feb ‘24₹14,16048₹295 - ₹311
Issue SizeIPO Doc
600.00Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers143.66x
Non-Institutional Investor62.75x
Retail Individual Investor10.44x
Total59.71x

About Rashi Peripherals

Rashi Peripherals is a distribution partner for global technology brands in India, specialising in information and communications technology ("ICT") products. The company distributes ICT products and initially began its operations by manufacturing peripherals. Rashi Peripherals operates primarily in two business verticals. The first vertical is- Personal computing, enterprise, and cloud solutions ("PES"), which distributes personal computing devices, enterprise solutions, embedded designs/products, and cloud computing services. Under the second vertical- Lifestyle and IT Essentials ("LIT"), the company distributes a range of products, including components like graphic cards, CPUs, motherboards, storage and memory devices, lifestyle peripherals, power equipment, and networking and mobility devices. The company also offers end-to-end services, including pre-sale activities, solutions design, technical support, marketing services, credit solutions, and warranty management services.;
Founded in
1989
Managing director
Mr. Kapal Suresh Pansar
Parent organisation
Rashi Peripherals Limited

Strengths & Financials of Rashi Peripherals

Strengths
Risks
The company ranks among India's fastest-growing national distribution partners based on revenue. Its revenue from operations exhibited a CAGR of 26.32%, increasing from Rs. 5925.05 crores in 2021 to Rs. 9,454.28 crores in 2023, with revenues reaching Rs. 5,468.51 crores in the six months ending September 30, 2023. Rashi Peripherals has demonstrated consistent financial performance through increase in revenue from operations and profitability.
Rashi Peripherals commands significant market share in various product categories in India, including processors (45%), graphics cards (47%), pen drives (42%), hard drives (29%), keyboards and mice (21%), monitors (27%), UPS (13%), laptops (10%), desktops (10%), routers (33%), and switches (10%) as of 2023.
The company has a well-established distribution network for ICT products. It operates in 50 cities, with branches serving as sales and service centers and warehouses, covering 680 locations across 28 States and Union Territories. The network engages with an ecosystem of 8,407 customers.
Rashi Peripherals serves as a key distributor for ICT products. As of September 30, 2023, the company has collaborated with 52 global technology brands.
Rashi Peripherals has distributed 311.89 million units from global technology brands between 2002 and 2023. The product range spans lifestyle, components, networking, personal computing, storage and memory, mobility, enterprise, and embedded solutions.
Rashi Peripherals facilitates financial arrangements with banks or non-banking financial companies, enabling customers to access funds for effective working capital management.

Rashi Peripherals Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Rashi Peripherals IPO

Apply asPrice bandApply upto
Regular295 - 311₹2 Lakh
High Networth Individual295 - 311₹2 - 5 Lakh
For Rashi Peripherals IPO, eligible investors can apply as Regular.
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