₹6.07 Crores | Listing at BSE | Fri, Dec 9, 2022 - Fri, Dec 23, 2022
Roni Households Limited Rights Issue comprises 0.0867 Cr equity shares aggregating to ₹6.07 Cr, offered at an issue price of ₹70 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Nov 25, 2022.
As per the terms of payment, ₹70 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 8, 2022.
The Rights Issue opens on Dec 9, 2022 and closes on Dec 23, 2022.
The deemed date of allotment is Jan 4, 2023, following which the equity shares are expected to be credited to demat accounts on Jan 6, 2023 and listed on the BSE on Jan 9, 2023.
Aryaman Financial Services Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Roni Households Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Nov 25, 2022
Entitlement Ratio
:
Open Date
Fri, Dec 9, 2022
Close Date
Fri, Dec 23, 2022
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 17.64 | 10.69 | 0.16 |
| 31-Mar-22 | 27.01 | 10.76 | -1.26 |
| Amount in ₹ Crore | |||
Roni Households Limited is engaged in the business of producing and marketing plastic household products like tubs, buckets, ghamelas, and other household items. The company also offers a wide range of plastic granules that get used by various plastic industries to manufacture different end products.
The company intend to further expand the business by manufacturing plastic products for household use. The company have taken land on lease in MIDC, Jalgaon, for setting up the manufacturing unit.
The company has two business verticals (1) Trading Business Process and (2) Manufacturing Process.
The trading business vertical of the company is a B2B model wherein the company procure goods from suppliers on a cash or credit basis and supply to it to the clients on a credit basis. The company procure goods on carried out on an "order" basis as well as "demand estimation basis"
The company proposes to utilize the Proceeds to:
1. Adjustment of Unsecured Loans against the Entitlement of the Promoters
2. Partial Repayment of Loan taken from State Bank of India
3. Towards working capital requirements
4. General Corporate Purposes
[Dilip Davda] Based on its financial data, the issue is aggressively priced. The counter is well-operated and managed by vested interests. There is no harm in skipping this costly RI. Read detail review...
Roni Households Limited
f-55, near R L Square,
MIDC, Jalgaon,
Maharashtra - 425 003
The Roni Households Rights Issue 2022 opens on Fri, Dec 9, 2022, and closes on Fri, Dec 23, 2022.
Roni Households Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Thu, Dec 8, 2022 |
| Last Date for renunciation of Rights Entitlements | Mon, Dec 19, 2022 |
| Issue Opening Date | Fri, Dec 9, 2022 |
| Issue Closing Date | Fri, Dec 23, 2022 |
| Date of Allotment (on or about) | Wed, Jan 4, 2023 |
| Date of Credit (on or about) | Fri, Jan 6, 2023 |
| Date of Listing (on or about) | Mon, Jan 9, 2023 |
You can apply for Roni Households Rights Issue 2022 in two ways:
Steps to apply for Roni Households Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Roni Households Rights Issue 2022 using Registrar's website (R-WAP)
