IPO Issue Details
Issue Price / Price Band₹20 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size15,00,000 shares (aggregating up to ₹3.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 19 Nov 2018
Subscription CloseThu, 22 Nov 2018
Anchor AllotmentSun, 18 Nov 2018
Basis of AllotmentWed, 28 Nov 2018
Initiation of RefundsThu, 29 Nov 2018
Credit of Shares to DematThu, 29 Nov 2018
Listing DateMon, 03 Dec 2018
UPI Mandate Deadline2018-11-22
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 6,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 12,000 shares
Net Offer to Public14,16,000 shares (aggregating up to ₹2.83 Cr)
Reserved for Market Maker84,000 shares (aggregating up to ₹0.1680 Cr)
Pre-IPO Promoter Holding28,35,946 shares
Post-IPO Promoter Holding28,35,946 shares
About Roni Households Ltd.
Incorporated in 2017, Jalgaon, Maharashtra based Roni Household Limited is a company engaged in the trading of plastic granules and plastic household products which includes tubs, buckets, ghamelas etc.Roni intends to further expand its business by manufacturing plastic products for household use. It has taken a land on lease in MIDC Jalgaon for the proposed manufacturing unit.In the first 6 months of its operations, the company has posted Sales, EBIDTA and Profit after Tax (PAT) of Rs 429.70 lakhs, Rs 10.58 lakhs and Rs 7.80 lakhs respectively.The company has 9 employees (including two Executive Directors) on its payroll.
Objects of the Issue
Roni Households Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment of Unsecured Loan
1.16
2
2 Working Capital Requirements
1.24
3
3 Funding expenditure for General Corporate Purposes
0.11
Shareholding & Lock-in
Pre-IPO Promoter Holding
28,35,946 shares
Post-IPO Promoter Holding
28,35,946 shares