Rangoli Tradecomm Ltd

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)



Management Team:

  1. Mr. Ushik Gala (Designation: Chairman and Managing Director)
  2. 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
Revenue 3.52 165.43 146.8
Net Profit 2.92 2.11 10.92



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



IPO Details:

Details Info
Issue Opens on 9th March 2021
Issue Closes on:. 12th March 2021
Issue Price Rs.207
Face Value Rs.10
Minimum Lot 600
Minimum Investment Rs.1,24,200
Issue Constitutes 26.63%
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)
9.61 21.54 17.59 54.61


Company Contact Info:
2nd Floor, FL 2A, 12 Pathak Para Road,
LP-7/17/0, Kolkata 700060, West Bengal, India.
Tel No: 02249712096
Email: cs@key2elements.com
Website: www.key2elements.com


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: ipo@bigshareonline.com
Website: www.bigshareonline.com



Lead Manager to the Issue:
B 7, 3rd Floor, Jay Chambers,
Dayaldas Road, Vile Parle (East),
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in