Rashi Peripherals IPO is a book-built issue of Rs 600.00 crores, consisting entirely of a fresh issue of 1.93 crore shares. The IPO subscription period was from February 7 to February 9, 2024, with allotment expected on February 12, 2024. It will be listed on BSE and NSE with a tentative listing date of February 14, 2024.
The IPO price band is set at ₹295 to ₹311 per share, with a minimum lot size of 48 shares. Retail investors need a minimum investment of ₹14,928, while the minimum lot size for sNII is 14 lots (672 shares), amounting to ₹208,992, and for bNII, it is 67 lots (3,216 shares), amounting to ₹1,000,176.
Here’s how you can check the allotment status of Rashi Peripherals IPO:
Step 1: Go to the BSE website.
Step 2: Choose ‘Equity’ and then the issue name from the selection menu.
Step 3: Enter your application number as well as your PAN card number and press ‘Search’.
You can also follow a similar procedure to check the allotment status on the Registrar’s website:
Step 1: Go to the Link Intime India website.
Step 2: Select the IPO name by clicking on ‘Company Selection’.
Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’.
If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on February 13, 2024
Founded in 1989, Rashi Peripherals Limited is an Indian company specializing in distributing global technology brands focused on Information and Communication Technology (ICT). They offer value-added services like pre-sales support, technical assistance, and marketing solutions. The company operates through two main divisions:
- Personal computing, enterprise, and cloud solutions (PES): Providing personal computing devices, enterprise solutions, and cloud computing services.
- Lifestyle and IT essentials (LIT): Distributing components, storage devices, lifestyle peripherals, power devices, and networking/mobility devices.
Rashi Peripherals GMP
|
Date |
GMP |
| February 06 | ₹70 |
| February 05 | ₹70 |
| February 04 | ₹85 |
| February 03 | ₹85 |
| February 02 | ₹63 |
With a price band of ₹311.00, the estimated listing price for Rashi Peripherals IPO is ₹381.00, calculated as the cap price plus today’s Grey Market Premium (GMP). This translates to an expected percentage gain of 22.51% per share.
