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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 ₹20.00 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). The minimum lot size investment for 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 Date | November 19, 2018 to November 22, 2018 |
| Listing Date | December 3, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,00,000 shares (aggregating up to ₹3.00 Cr) |
| Reserved for Market Maker | 84,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.1680 Cr) |
| Net Offered to Public | 14,16,000 shares (aggregating up to ₹2.83 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,35,946 shares |
| Share Holding Post Issue | 28,35,946 shares |
Roni Households IPO offers total 15,00,000 shares. Out of which 7,08,000 (47.20%) allocated to NII, 7,08,000 (47.20%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 84,000 (5.60%) |
| NII (HNI) Shares Offered | 7,08,000 (47.20%) |
| Retail Shares Offered | 7,08,000 (47.20%) |
| Total Shares Offered | 15,00,000 (100.00%) |
Roni Households IPO opens on November 19, 2018, and closes on November 22, 2018.
| IPO Open Date | Mon, Nov 19, 2018 |
| IPO Close Date | Thu, Nov 22, 2018 |
| Tentative Listing Date | Mon, Dec 3, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Nov 22, 2018 |
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Aug-18 | 31-Mar-18 | |||||
| Total Assets | 557.90 | 348.04 | ||||
| Total Revenue | 73.87 | 429.70 | ||||
| Profit After Tax | 1.62 | 7.80 | ||||
The Company Roni Households IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment of Unsecured Loan | 1.16 |
| 2 | Working Capital Requirements | 1.24 |
| 3 | Funding expenditure for General Corporate Purposes | 0.11 |
[Dilip Davda] <p>Company’s financial track record is not for 12 months so far as it was incorporated only in October 2017. Asking price is exorbitant based on financial data. There is no harm in giving this highly priced issue a miss.</p> Read detail review...
| Listing Date | December 3, 2018 |
| BSE Script Code | 542145 |
| NSE Symbol | |
| ISIN | INE02AP01013 |
| Final Issue Price | ₹20 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.05 |
| Low | ₹20.40 |
| High | ₹20.50 |
| Last Trade | ₹20.50 |
Roni Households Ltd.
Plot No. F - 55
Addl. MIDC Area
Ajanta Road
Jalgaon, Maharashtra, 425003
Phone: +91 77965 42369
Email: info@ronihouseholds.com
Website: http://www.ronihouseholds.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Roni Households IPO is a SME IPO of 15,00,000 equity shares of the face value of ₹10 aggregating up to ₹3.00 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on November 19, 2018, and closes on November 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 November 19, 2018 and closes on November 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 Monday, December 3, 2018.
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