Rajeshwari Cans Limited IPO Review
Rajeshwari Cans is engaged in the business of manufacturing round printed tin containers of various sizes which are used as packing material. It supplies the tin holders to clients occupied with the matter of tobacco assembling and paint fabricating. The organization additionally performs printing work on tin sheets provided by its clients.
For development, the organization has bought the premises at Shree Ganesh Industrial Estate for assembling printed round tin holders of 50 gm which are utilized by snuff producers. The organization is improving item range just as customer base so the reliance on single client available to be purchased can be kept away from.
| Subscription Dates | 31 March – 6 April 2021 |
| Price Band | INR20 per share |
| Fresh issue | 20,16,000 shares (INR4.03 crore) |
| Offer For Sale | Nil |
| Total IPO size | 20,16,000 shares (INR4.03 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
| FY2018 | FY2019 | FY2020 | H1 FY2021 |
Revenue | 18.50 | 21.32 | 22.10 | 12.85 |
Expenses | 18.26 | 21.09 | 21.82 | 12.68 |
Net income | 0.11 | 0.16 | 0.19 | 0.13 |
Net margin (%) | 0.6 | 0.8 | 0.9 | 1.0 |
Earnings Per Share (EPS): INR1.00
Price/Earnings (PE ratio): 20.01
Return on Net Worth (RONW): 8.44%
Net Asset Value (NAV): INR11.84 per share
Listing Performance of Rajeshwari Cans Limited IPO
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Rajeshwari Cans Limited | Apr 15, 2021 | 20 | 20 | 0% |
NSE : NA
BSE : 543285
ISIN CODE : INE0CQ101015
Dilip Davda – May apply
IPO Opening Date: 31 March 2021
IPO Closing Date: 6 April 2021
Finalisation of Basis of Allotment: 9 April 2021
Initiation of refunds: 12 April 2021
Transfer of shares to demat accounts: 13 April 2021
Listing Date: 15 April 2021
Opening Price on BSE SME: INR20.75 per share (up 3.75% from IPO price)
Closing Price on BSE SME: INR20 per share (no change from IPO price)
Rajeshwari Cans Limited
96, Mahagujarat,
Industrial Estate, Moraiya,
Ta: Sanand,
Ahmedabad -382210, Gujarat
Phone: +91 079 29796584
Email: rcl2gov@gmail.com
Website: www.rajeshwaricans.com
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
| Day | Subscription (no. of times) |
| Day 1 | 0.11 |
| Day 2 | 0.26 |
| Day 3 | 0.77 |
| Day 4 | 1.40 |
Rajeshwari Cans Limited IPO FAQ's
The Rajeshwari Cans Limited IPO is a SME IPO of ₹20 per equity share with a face value of ₹10 per equity share.
The issue size is priced at 2,016,000 equity shares of ₹10 (aggregating up to ₹4.03 Crore).
The initial public offering (IPO) begins on Mar 31, 2021 and ends on April 6, 2021.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.
The Rajeshwari Cans Limited IPO opens on Mar 31, 2021 and closes on April 6, 2021. The IPO Issue date may list on April 15, 2021.
The Rajeshwari Cans Limited IPO Market lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
The finalization of Basis of Allotment for Rajeshwari Cans Limited IPO will be done on April 9, 2021, and the allotted shares will be credited to your demat account by April 13, 2021. Check the Rajeshwari Cans Limited IPO status.
The Rajeshwari Cans Limited IPO listing date is on April 15, 2021.
Rajeshwari Cans Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Rajeshwari Cans Limited IPO Comments
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