Rajeshwari Cans IPO Details

Rajeshwari Cans IPORajeshwari 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
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Rajeshwari Cans financial performance (in INR crore)

  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: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Valuation of Rajeshwari Cans IPO (FY2020)

Earnings Per Share (EPS): INR1.00 
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

 

 

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)

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