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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 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 Date | Nov 19, 2018 to Nov 22, 2018 |
| Roni Households IPO Face Value | ₹10 per share |
| Roni Households IPO Price | ₹20 per share |
| Roni Households IPO Lot Size | 6000 Shares |
| Issue Size | 1,500,000 shares of ₹10 (aggregating up to ₹3.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The promoters of the company are Harish Sirwani and Nidhi Sirwani. |
The Roni Households IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
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...The Roni Households IPO is subscribed 1.12 times on Nov 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)
| Category | Subscription (times) |
|---|---|
| NII | 0.48 |
| Retail | 1.76 |
| Total | 1.12 |
| Listing Date | Monday, December 3, 2018 |
| BSE Script Code | 542145 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE02AP01013 |
| IPO Price | ₹20 per share |
| Face Value | ₹10 per share |
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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/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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 Nov 19, 2018, and closes on Nov 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 Nov 19, 2018 and closes on Nov 22, 2018.
Roni Households IPO lot size is 6000 Shares and the minimum order quantity is .
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, Edelweiss, 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.
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