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Roni Households Limited IPO (Roni Households IPO) Detail

November 19, 2018 - November 22, 2018

Roni Households IPO is a fixed price issue of Rs 3.00 crores.

Roni Households IPO bidding started from November 19, 2018 and ended on November 22, 2018. The shares got listed on BSE SME on December 3, 2018.

Roni Households IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Aryaman Financial Services Limited is the book running lead manager of the Roni Households IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Roni Households IPO RHP for detailed information.

Roni Households IPO Details

IPO Date November 19, 2018 to November 22, 2018
Listing Date December 3, 2018
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Total Issue Size1,500,000 shares
(aggregating up to ₹3.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion84,000 shares

Roni Households IPO Reservation

Roni Households IPO offers 1,500,000 shares. 708,000 (47.20%) to NII, 708,000 (47.20%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered84,000 (5.60%)
Other Shares Offered708,000 (47.20%)
Retail Shares Offered708,000 (47.20%)
Total Shares Offered1,500,000 (100%)

Roni Households IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000
Lot Size Calculator

About Roni Households Limited

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.

Company Financials

Summary of financial Information (Restated)
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

Objects of the Issue (Roni Households IPO Objectives)

The objects of the issue are to raise funds for-

1. Working Capital Requirements
2. Repayment of Unsecured loans
3. General Corporate Purposes

Roni Households IPO Review (Avoid)

[Dilip Davda]  

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.

Read detail review...


Roni Households IPO Subscription Status (Bidding Detail)

The Roni Households IPO is subscribed 1.12 times on November 22, 2018 7:49:03 PM. 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)

CategorySubscription (times)
Other0.48
Retail1.76
Total1.12

Roni Households IPO Prospectus

Roni Households IPO Rating

30
3.5
Rating:Rated 3.5 stars
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Roni Households IPO Listing Details

Listing Date December 3, 2018
BSE Script Code 542145
NSE Symbol
ISIN INE02AP01013
Final Issue Price ₹20 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹20.05
₹20.40
₹20.50
₹20.50

Check IPO Performance…

Roni Households Limited Contact Details

Roni Households Limited
Plot No. F - 55
Addl. MIDC Area
Ajanta Road, Jalgaon - 425003
Phone: +91 77965 42369
Email: info@ronihouseholds.com
Website: http://www.ronihouseholds.com/

Roni Households IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Roni Households IPO - Buy or Not

Roni Households IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Roni Households IPO FAQs

Roni Households IPO is a SME IPO of 1,500,000 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 Shares.

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.

The Roni Households IPO opens on November 19, 2018 and closes on November 22, 2018.

Roni Households IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.

You can apply in Roni Households IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, 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 December 3, 2018.
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Roni Households IPO Message Board

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1 Comments

1. Niit |   Link |  Bookmark |November 14, 2018 5:07:52 PM
3Cr............. Really :-