Rajeshwari Cans Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 954,000 (47%) | — | ₹191 Cr |
| Retail | — | 954,000 (47%) | — | ₹191 Cr |
| Market Maker | — | 108,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 2,016,000 (100%) | — | ₹4,032 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 2,210 | 2,132 | 1,850 |
| Profit After Tax | 19 | 16 | 11 |
| Total Assets | 1,235 | 1,322 | 1,161 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Meeting incremental working capital requirements – 2.90
- 2 General corporate purposes – 0.73
Company Overview
Incorporated in 2013, Rajeshwari Cans Limited is primarily engaged in the business of manufacturing round-printed tin containers of different sizes for packing material and also performs printing work on it. The company supplies its tin containers to tobacco manufacturers and paint companies. It manufactures 50 gm to 500 gm containers for the packing of tobacco material and up to 5 liters of containers for the paint industry.
It has a manufacturing unit at Mahagujarat Industrial Estate and Shree Ganesh Industrial Estate where it carries out all of the manufacturing activities.
Competitive strengths
- High-quality tin containers of different sizes.
- Highly experienced promoters.
- Strategically located manufacturing unit.