Rajeshwari Cans IPO

Rajeshwari Cans IPO(SME) Details

Spread the love

Rajeshwari Cans IPO will open for subscription from 31 March 2021. the company aims for an issue size of ₹4.03 Crore through this fixed price issue IPO.

Also read: IPO List 2021: a complete list of IPOs in 2021

Rajeshwari Cans Limited

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.

Objectives of the Issue

  • Meeting the incremental working capital requirement of the business.
  • General corporate purposes.

Competitive strengths

  • High-quality tin containers of different sizes.
  • Highly experienced promoters.
  • Strategically located manufacturing unit.

Basic details about the company

Full nameRajeshwari Cans Limited
SectorFast Moving Consumer Goods
Company Websitewww.rajeshwaricans.com

IPO Details

IPO Opening Date31 March 2021
IPO Closing Date06 April 2021
Issue TypeFixed Price Issue IPO
Issue size₹4.03 Crore
No of shares offered2,016,000 Equity Shares
Face Value₹10 per equity share
Offer Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Application amount₹120,000
Listing AtBSE SME

Financial summary

ParticularsFor the year/period ended (₹ in Lakh)
Total Assets1,234.961,322.081,160.95
Total Revenue2,209.732,132.331,849.64
Profit After Tax18.6915.7511.21

Company Promoters

  • Bharatkumar Vora
  • Harshad Kumar Vora
  • Siddharth Vora
  • Pratik Vora

Rajeshwari Cans IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding61.71%

Lead Managers

  • Fedex Securities Limited

Rajeshwari Cans IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Company Contact Information

Rajeshwari Cans Limited
96, Mahagujarat, Industrial Estate, Moraiya
Ta: Sanand, Ahmedabad -382210
Phone: 079-29796584
Email: rcl2gov@gmail.com

Final thoughts

Rajeshwari Cans IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing

Spread the love

1 thought on “Rajeshwari Cans IPO(SME) Details”

  1. Pingback: IPO List 2021: a complete list of IPOs in 2021 - finvestfox.com

Leave a Comment

Your email address will not be published. Required fields are marked *