Roni Households IPO overview – Roni Households trades in plastic granules and plastic household products which includes tub, buckets, ghamela etc. The company intends to further expand its business by manufacturing plastic products for household use. It has taken a land on lease in MIDC, Jalgaon, for setting up the manufacturing unit. A part of its proposed manufacturing unit has been set up on the leased land. Trial manufacturing process for small part of the proposed capacity has recently commenced.
The company plans to leverage its promoter networks in the trading community of Jalgaon and strong balance sheet situation to increase its presence in the plastic products. The company is in the process of building a quality and innovation focused trading and manufacturing vertical as well as developing a strong team to cater to its proposed increased operational needs.
Promoters of Roni Households – Mr Harish Sirwani and Mrs Nidhi Sirwani
| Roni Households IPO details | |
| Subscription Dates | 19 – 22 November 2018 |
| IPO Price band | INR20 per share |
| Fresh issue | 1,500,000 shares (INR3 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,500,000 shares (INR3 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Repayment of Unsecured Loan – INR1.16 crore
- Working Capital Requirements – INR1.24 crore
- General Corporate Purpose – INR0.11 crore
- Issue Expenses – INR0.50 crore
| Roni Households’ financial performance (in INR lakh) | ||||||
| FY2018 | 5M FY2019 | |||||
| Total revenue | 429.70 | 73.87 | ||||
| Total expenses | 419.20 | 71.70 | ||||
| Profit after tax | 7.80 | 1.62 | ||||
Roni Households’ Contact Details
Roni Households Limited
Plot No. F – 55
Addl. MIDC Area, Ajanta Road
Jalgaon – 425003, Maharashtra
Phone: +91 77965 42369
Email: [email protected]
Website: www.ronihouseholds.com
Roni Households IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.35 |
| Day 2 | 0.37 |
| Day 3 | 0.37 |
| Day 4 | 1.06 |
Roni Households IPO Valuation (For FY2018)
Earnings Per Share (EPS): INR0.89
Price/Earnings (P/E) ratio: 22.47
Return on Net Worth (RONW): 13.26%
Net Asset Value (NAV): INR11.53 per share
Registrar of Roni Households IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Roni Households IPO Allotment Status
Roni Households IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Roni Households
IPO Opening Date: 19 November 2018
IPO Closing Date: 22 November 2018
Listing Date: 3 December 2018
Listing Price on BSE SME: INR20.05 per share (up 0.25% from IPO price)
Closing Price on BSE SME: INR20.50 per share (up 2.50% from IPO price)
