Roni Households IPO

Roni Households IPORoni Households IPO overview - Roni Households trades in plastic granules and plastic household products which includes tub, buckets, ghamela etc. The company intends to further expand its business by manufacturing plastic products for household use. It has taken a land on lease in MIDC, Jalgaon, for setting up the manufacturing unit. A part of its proposed manufacturing unit has been set up on the leased land. Trial manufacturing process for small part of the proposed capacity has recently commenced.

The company plans to leverage its promoter networks in the trading community of Jalgaon and strong balance sheet situation to increase its presence in the plastic products. The company is in the process of building a quality and innovation focused trading and manufacturing vertical as well as developing a strong team to cater to its proposed increased operational needs.

Promoters of Roni Households – Mr Harish Sirwani and Mrs Nidhi Sirwani
Roni Households IPO details
Subscription Dates 19 - 22 November 2018
IPO Price band INR20 per share
Fresh issue 1,500,000 shares (INR3 crore)
Offer for sale Nil
Total IPO size 1,500,000 shares (INR3 crore)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Repayment of Unsecured Loan - INR1.16 crore
  • Working Capital Requirements - INR1.24 crore
  • General Corporate Purpose - INR0.11 crore
  • Issue Expenses - INR0.50 crore
Roni Households' financial performance (in INR lakh)
FY2018 5M FY2019
Total revenue 429.70 73.87
Total expenses 419.20 71.70
Profit after tax 7.80 1.62
Roni Households' Contact Details

Roni Households Limited
Plot No. F - 55
Addl. MIDC Area, Ajanta Road
Jalgaon - 425003, Maharashtra

Phone: +91 77965 42369
Email: info@ronihouseholds.com
Website: www.ronihouseholds.com

Roni Households IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.35
Day 2 0.37
Day 3 0.37
Day 4 1.06
Roni Households IPO Valuation (For FY2018)

Earnings Per Share (EPS): INR0.89

Price/Earnings (P/E) ratio: 22.47

Return on Net Worth (RONW): 13.26%

Net Asset Value (NAV): INR11.53 per share

Registrar of Roni Households IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

Roni Households IPO Allotment Status

Roni Households IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Roni Households

IPO Opening Date: 19 November 2018

IPO Closing Date: 22 November 2018

Listing Date: 3 December 2018

Listing Price on BSE SME: INR20.05 per share (up 0.25% from IPO price)

Closing Price on BSE SME: INR20.50 per share (up 2.50% from IPO price)

Roni Households IPO
3.1 (62.22%) 9 votes

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