Rangoli Tradecomm IPO

Rangoli Tradecomm IPO Details & Analysis

Spread the love

Rangoli Tradecomm IPO is going to open for subscription from 09 March 2021. the company aims for an issue size of ₹45.15 Crore through this fixed price issues IPO.

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

Rangoli Tradecomm Limited

Incorporated in 2009, Rangoli Tradecomm is primarily engaged in the buying and selling trading activities of Polymers and Textile products. Its Polymer business segment includes commodity polymer, engineering polymer & chemicals and additives whereas the Textile segment comprises products such as yarns, threads, and fabrics.

The company follows both the B2B (business to business) and B2C (business to customer) model to supply textile and polymer products. It is geographically spread across many cities such as Delhi, North India, Haryana, Himachal Pradesh, Rajasthan, Punjab, Gujarat, and Maharashtra.

Objectives of the Issue

  • To raise funds for working capital requirements.
  • To meet general corporate purposes.

Basic details about the company

Full nameRangoli Tradecomm Limited

IPO Details

Issue typeFixed-PriceIPO
IPO issue size₹45.15 crore
IPO Open date09 March 2021
IPO Close date12 March 2021
Number of shares offered to the public2,181,000 shares
Face value₹10 per equity share
Offer price₹207 per equity share
Retail portion50%
Lot size600 Nos
Minimum application1 lot – 600 shares
Minimum application amount₹124,200
Listing ExchangeBSE SME

Financial summary

ParticularsFor the year/period ended (₹ in lakhs)
Total Assets10,457.707,062.741,049.22697.08
Total Revenue14,683.9516,543.50352.200.12
Profit After Tax1,092.77211.25292.55(0.01)

Company Promoters

  • Ganadship Wholeseller Private Limited
  • Ushik Gala
  • Sumit Pal Sing

Lead Managers

  • Fedex securities Ltd

Rangoli Tradecomm 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
Website: http://www.bigshareonline.com

Company Contact Information

Rangoli Tradecomm Limited
2nd Floor, FL 2A, 12 Pathak Para Road,
LP-7/17/0, Kolkata 700060

Phone: 02249712096
Email: cs@key2elements.com
Website: http://www.key2elements.com/

Final thoughts

Rangoli Tradecomm 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 “Rangoli Tradecomm IPO Details & Analysis”

  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 *