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Rashi Peripherals IPO GMP

Rashi Peripherals, a dominant distributor of international tech brands in India since 1989, focuses on state-of-the-art information and communication technology (ICT) devices. The organization broadens its range of services to include beneficial extras such as pre-sale operations, technical support, solution design, marketing, credit solutions, and warranty management services.

As of September 30, 2023, the company’s pan-Indian distribution network consists of 63 warehouses in addition to 50 locations that serve as sales and service centers. With 8,402 Channel Partners serving 680 sites around India, the organization can reach a wider audience thanks to its vast network.

Along with Lifestyle and IT Essentials (LIT), the corporation principally operates in two distinct verticals: Personal Computing, Enterprise, and Cloud Solutions (PES).

Rashi Peripherals IPO Details

Signature Global IPO Details
Rashi Peripherals IPO Dates
7 - 9 Feb 2024
Rashi Peripherals Issue Price
INR 295 – 311 per share
Fresh issue
INR 600 crore
Offer For Sale
NIL
Total IPO Size
INR 600 crore
Minimum bid (size)
48 shares (INR 14,928)
Face Value
INR 5 per share
Retail Allocation
35%
Listing On
BSE, NSE

Rashi Peripherals Financial Performance

Signature Global Financial Performance

FY20

FY21

FY22

FY23

H1 FY 24

Revenue

3,934.48

5,925.05

9,313.44

9,454.28

5,468.51

Expenses

3,891.09

5,751.37

9,082.07

9,304.32

5,370.66

Net income

38.23

136.35

182.51

123.34

72.02

Margin (%)

0.97

2.30

1.96

1.30

1.32

Figures in INR Crore unless specified otherwise

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