Rajeshwari Cans IPO Details
Rajeshwari Cans IPO description – Rajeshwari Cans is engaged in the business of manufacturing round printed tin containers of various sizes which are used as packing material. It supplies the tin containers to customers engaged in the business of tobacco manufacturing and paint manufacturing. The company also performs printing work on tin sheets supplied by its customers.
For expansion, the company has purchased the premises at Shree Ganesh Industrial Estate for manufacturing printed round tin containers of 50 gm which is used by snuff manufacturers. The company is enhancing product range as well as client base so the dependency on single customer for sale can be avoided.
Promoters of Rajeshwari Cans – Bharatkumar Vora, Harshadkumar Vora, Siddharth Vora and Pratik Vora
| Rajeshwari Cans IPO details | |
| Subscription Dates | 31 March – 6 April 2021 |
| Price Band | INR20 per share |
| Fresh issue | 20,16,000 shares (INR4.03 crore) |
| Offer For Sale | Nil |
| Total IPO size | 20,16,000 shares (INR4.03 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Rajeshwari Cans financial performance (in INR crore)
| Â | FY2018 | FY2019 | FY2020 | H1 FY2021 |
| Revenue | 18.50 | 21.32 | 22.10 | 12.85 |
| Expenses | 18.26 | 21.09 | 21.82 | 12.68 |
| Net income | 0.11 | 0.16 | 0.19 | 0.13 |
| Net margin (%) | 0.6 | 0.8 | 0.9 | 1.0 |
Registrar of Rajeshwari Cans IPO
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Valuation of Rajeshwari Cans IPO (FY2020)
Earnings Per Share (EPS): INR1.00Â
Price/Earnings (PE ratio): 20.01
Return on Net Worth (RONW): 8.44%
Net Asset Value (NAV): INR11.84 per share
Rajeshwari Cans IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.11 |
| Day 2 |
0.26 |
| Day 3 |
0.77 |
| Day 4 |
1.40 |
| Â |
 |
Rajeshwari Cans Contact Details
Rajeshwari Cans Limited
96, Mahagujarat,
Industrial Estate, Moraiya,
Ta: Sanand,
Ahmedabad -382210, Gujarat
Phone: +91 079 29796584
Email: [email protected]
Website: www.rajeshwaricans.com
Rajeshwari Cans IPO Allotment Status
Rajeshwari Cans IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing Performance of Rajeshwari Cans
IPO Opening Date: 31 March 2021
IPO Closing Date: 6 April 2021
Finalisation of Basis of Allotment: 9 April 2021
Initiation of refunds: 12 April 2021
Transfer of shares to demat accounts: 13 April 2021
Listing Date: 15 April 2021
Opening Price on BSE SME: INR20.75 per share (up 3.75% from IPO price)
Closing Price on BSE SME: INR20 per share (no change from IPO price)
