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.
The promoters of the company are Harish Sirwani and Nidhi Sirwani.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|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
|Issue Open||Nov 19, 2018 - Nov 22, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||1,500,000 Eq Shares of Rs 10 |
(aggregating up to Rs 3.00 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 20 Per Equity Share|
|Market Lot||6000 Shares|
|Min Order Quantity||6000 Shares|
|Listing At||BSE SME|
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