Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Mon, Nov 19, 2018 - Thu, Nov 22, 2018
Roni Households IPO is a fixed price issue of ₹3.00 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹3.00 crore.
Roni Households IPO bidding started from Nov 19, 2018 and ended on Nov 22, 2018. The shares got listed on BSE SME on Dec 3, 2018.
Roni Households IPO price is ₹20 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to Roni Households IPO RHP for detailed Information.
IPO Open
Mon, Nov 19, 2018
IPO Close
Thu, Nov 22, 2018
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹5.67 Cr
| IPO Date | 19 to 22 Nov, 2018 |
| Listed on | Mon, Dec 3, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 84,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.1680 Cr) |
| Fresh Issue (Ex Market Maker) | 14,16,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 14,16,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 28,35,946 shares |
| Share Holding Post Issue | 28,35,946 shares |
| BSE Script Code | 542145 |
| ISIN | INE02AP01013 |
Roni Households IPO comprises a total issue size of 15,00,000 shares. The net offer to the public is 14,16,000 shares, after excluding 84,000 shares allotted on a firm basis. Of the Net offer 7,08,000 (50.00%) allocated to NII 7,08,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,08,000 | 50.00% | 47.20% |
| Retail Shares Offered | 7,08,000 | 50.00% | 47.20% |
| Firm Reservations | |||
| Market Maker Shares Offered | 84,000 | 5.60% | |
| Total Shares Offered | 15,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Incorporated in 2017, Jalgaon, Maharashtra based Roni Household Limited is a company engaged in the trading of plastic granules and plastic household products which includes tubs, buckets, ghamelas etc.
Roni intends to further expand its business by manufacturing plastic products for household use. It has taken a land on lease in MIDC Jalgaon for the proposed manufacturing unit.
In the first 6 months of its operations, the company has posted Sales, EBIDTA and Profit after Tax (PAT) of Rs 429.70 lakhs, Rs 10.58 lakhs and Rs 7.80 lakhs respectively.
The company has 9 employees (including two Executive Directors) on its payroll.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Unsecured Loan | 1.16 |
| 2 | Working Capital Requirements | 1.24 |
| 3 | Funding expenditure for General Corporate Purposes | 0.11 |
The Roni Households IPO is subscribed 1.12 times on November 22, 2018 7:49:03 PM (Day 4). The public issue subscribed 1.76 times in the retail category, [.] times in the QIB category, and 0.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 0.48 | 7,08,000 | 3,42,000 |
| Retail | 1.76 | 7,08,000 | 12,48,000 |
| Total | 1.12 | 14,16,000 | 15,90,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of Market Making fees (1st year), and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.40 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.01 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc. | 0.04 |
| 4 | Listing Fees, Market Regulatory & Other Expenses | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.05 |
| Low | ₹20.40 |
| High | ₹20.50 |
| Last Trade | ₹20.50 |
Lead Manager Reports
Roni Households IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Mon, Nov 19, 2018, and closes on Thu, Nov 22, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Roni Households IPO using UPI as a payment gateway. Zerodha customers can apply in Roni Households IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Roni Households IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Roni Households IPO opens on Mon, Nov 19, 2018 and closes on Thu, Nov 22, 2018.
Roni Households IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in Roni Households IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Roni Households IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Roni Households IPO allotment status.
The Roni Households IPO listing date is on Mon, Dec 3, 2018.
