About the Company:
Rangoli Tradecomm Ltd is currently engaged in the business of trading of Polymers and Textile products. Polymer trading business includes commodity polymer, engineering polymer & chemicals and additives while Textile trading business includes trading of yarns
, threads and fabrics.
Company’s Registered Office is situated at Kolkata in the state of West Bengal and has 2 (two) corporate offices situated at Mumbai and Gurgaon.
Company has its presence in North India, Delhi, Haryana, Himachal Pradesh, Rajasthan and Punjab & also covering western regions of Gujarat and Maharashtra.
Company import products from various countries at pre-agreed prices and sell it in India depending upon demand from the manufacturers and other market conditions and store the goods at the E-warehouses or cargo warehouses.
Company functions on two business models for supplying Polymers and Textile products:
- Business 2 Business model (B2B)
- Business to Customer model (B2C).
Company deals in following categories of products:
- TEXTILES (Threads, Yarns,Fabrics)
- CHEMICALS AND ADDITIVES
- Mr. Ushik Gala (Designation: Chairman and Managing Director)
- Ms. Ishita Gala (Designation: Non Executive Director)
Objectives of the Issue:
Fresh Issue: (Rs.45.54 cr)
- Meeting Working Capital Requirements
- General corporate purposes
Financials of the Company:
|(in Crores)||FY 19||FY 20||30th Sept 20|
Valuation of Peer Group Companies:
|Company Name||Face Value||EPS||PE Ratio||RoNW||NAV|
|Rangoli Tradecomm Ltd||10||9.61||2.54||17.59||54.61|
|Amani Trading & Exports Ltd||10||2.12||30.66||9.47||22.35|
|Hind Commerce Ltd||10||1.86||1.77||4.99||37.20|
|Issue Opens on||9th March 2021|
|Issue Closes on:.||12th March 2021|
|Issue Size||Rs.45.54 cr|
|Market Cap||Rs.170 cr|
|Listing at||BSE SME|
|Equity Shares Offered||22,00,000|
|Equity Shares Prior to the Issue||60,60,008|
|Equity Shares after the issue||82,60,008|
Also Read : List of Upcoming IPO’s in India.
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Company Contact Info:|
|RANGOLI TRADECOMM LIMITED
2nd Floor, FL 2A, 12 Pathak Para Road,
LP-7/17/0, Kolkata 700060, West Bengal, India.
Tel No: 02249712096
|IPO Registrar Info:|
|Bigshare Services Private Limited
1ST Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East,
Mumbai -400 059, Maharashtra, India
Tel.No: +91 22 62638200
E-mail Id: firstname.lastname@example.org
|Lead Manager to the Issue:|
|FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers,
Dayaldas Road, Vile Parle (East),
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249