Raghuvir Exim Ltd. IPO Details
Raghuvir Exim was incorporated on 28 October 1992. The company is engaged in the business of processing semi-finished fabrics into finished fabrics. It has been in existence for over three decades and manufactures home textiles products such as bedsheets, pillowcases, duvet covers, comforters, quilts, and curtains, which are sold to customers in the form of pack sets.
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 18.5 M | - | - | ₹0 | DRHP DOC |
Raghuvir Exim Ltd. issue details
Raghuvir Exim Ltd. has 18.5 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Raghuvir Exim Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Raghuvir Exim Ltd. NUMBER OF SHARES ON OFFER
Raghuvir Exim Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 119.6 | 1,513.7 | -221.1 | -243.2 | 14.8% |
| FY23 | 192.4 | 2,475.6 | 326.0 | 375.0 | 14.6% |
| FY22 | 70.5 | 2,668.2 | 16.3 | -6.4 | 7.2% |
| FY21 | 89.2 | 2,090.0 | 19.3 | -7.2 | 10.3% |
Raghuvir Exim Ltd. INFORMATION ON IPO ISSUE
About Raghuvir Exim Ltd.
Raghuvir Exim was incorporated on 28 October 1992. The company is engaged in the business of processing semi-finished fabrics into finished fabrics. It has been in existence for over three decades and manufactures home textiles products such as bedsheets, pillowcases, duvet covers, comforters, quilts, and curtains, which are sold to customers in the form of pack sets.
Object of the Issue
- Funding capital expenditure requirements of the company towards setting up of two stitching units situated at Village Vansva, Taluka Viramgam, Ahmedabad, Gujarat.
- General corporate purposes.
Raghuvir Exim Ltd. - PROMOTERS
| Name |
|---|
| Sunil Agarwal |
| Pamita Agarwal |
| Yash Agrawal |
| Hardik Agarwal |
Raghuvir Exim Ltd. Strengths
Diversified customer base
The company has a diversified customer base, both in India and overseas. It sells its products mainly through exports
Established client relationships
The company has established long-standing relationships in the market from where it gets orders on a continuous basis. It believes that its existing relationships with clients represent a competitive advantage in gaining new clients and growing the business
Raghuvir Exim Ltd. Risks
Dependent on exports
A major portion of the company's revenues is derived from exports to the United States of America, Canada, and other overseas regions. Any adverse developments in these markets could adversely affect our business
Outstanding litigations
There may be outstanding litigations and regulatory proceedings by and against the company, directors, and promoters. Any adverse outcome from such legal proceedings may impact the reputation, business, cash flows, financial condition, and results of operations
IPO FAQs
The promoters of the company are Sunil Agarwal, Pamita Agarwal, Yash Agrawal and Hardik Agarwal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.