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Open
9 Mar 2021
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Close
12 Mar 2021
3
Allotment
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Listing
Mon, Mar 22, 2021
Price Band
₹207 per share
Issue Size
21,81,000 shares (agg. up to ₹45 Cr)
Lot Size
600 Shares
Listing Date
Mon, Mar 22, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.48x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 104.58 | 70.63 | 10.49 | 6.97 |
| Total Income | 146.84 | 165.44 | 3.52 | 0.00 |
| Profit After Tax | 10.93 | 2.11 | 2.93 | -0.00 |
| EBITDA | 15.62 | 3.06 | 3.52 | -0.00 |
| NET Worth | 22.86 | 12.01 | 9.90 | 6.97 |
| Reserves and Surplus | 22.13 | 11.28 | 9.16 | 6.24 |
| Total Borrowing | 44.08 | 43.17 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shine Fashions (India) Ltd. | SME | ₹1.60 Cr | ₹40 | null | ₹39.55 | -1.13% | ₹20.12 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Meeting Working Capital Requirements | 34.01 |
| 2 | General corporate purposes | 10.84 |
About Rangoli Tradecomm IPO
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. Competitive strengths Strong brand image. Widespread geographical presence. Logistic capabilities. + Read More
Contact Details
Rangoli Tradecomm Ltd. Address2nd Floor, FL 2A12 Pathak Para RoadLP-7/17/0Kolkata, West Bengal, 70006002249712096cs@key2elements.comVisit Website