Raghuvir Exim IPO Date, Review, Price and Key Information

Raghuvir Exim Limited IPO is fully book build issue and total IPO size is ₹[.] crores. The entire share offering is an offer for sale of 4500000 shares.

The dates for the Raghuvir Exim Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Raghuvir Exim Limited IPO is scheduled to list on NSE, BSE, with a listing date of [.]. The price band for the Raghuvir Exim Limited IPO has not been announced yet.

Registrar for this IPO is Bigshare Services Private Limited and lead managers for Raghuvir Exim Limited IPO are Unistone Capital Private Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	18,500,000 Shares
Fresh Issue	14,000,000 Shares
OFS Issue	4,500,000 Shares
Issue Type	Fresh Issue and Offer for Sale
Listing At	NSE, BSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Raghuvir Exim Limited Company

Raghuvir Exim Limited is engaged in processing semi-finished fabrics into finished home textile products, including bedsheets, pillowcases, duvet covers, comforters, quilts, and curtains, sold as pack sets. They also trade in grey cloth and finished fabrics, utilizing materials like polyester, cotton, and blended fabrics.

A significant portion of their revenue comes from exports, with recognition as a "Star Export House" and "Two Star Export House". They export to over 25 countries, primarily the USA, Canada, UK, Israel, and Australia.

Raghuvir Exim's revenue from operations has grown at a CAGR of 5.81% over the last three fiscals, from ₹20.89 crore in Fiscal 2021 to ₹24.75 crore in Fiscal 2023. EBITDA has also grown at a CAGR of 18.98% during the same period, reaching ₹36.21 crore in Fiscal 2023. PAT has grown from ₹8.91 crore in Fiscal 2021 to ₹19.23 crore in Fiscal 2023, registering a CAGR of 29.21% in last three fiscal years.

The company sources raw materials from domestic vendors and imports from Hong Kong, Italy, and China. Quality control is a priority, with certifications including ISO 9001:2008 and ISO 14001:2015. Founded in 1992, Raghuvir Exim transitioned to manufacturing/processing in 2004, establishing its first stitching unit in Ahmedabad.

Raghuvir Exim Limited Financial Details

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets
Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)

Offer Objectives

The document outlines details regarding the lock-in of equity shares as per SEBI ICDR Regulations. A minimum promoters' contribution, not consisting of shares acquired through non-cash considerations or bonus issues from revaluation reserves, is locked in.

Promoters' holdings exceeding the minimum contribution are locked in for one year. Pre-offer capital held by non-promoters is subject to a six-month lock-in from the allotment date. Depositories manage the lock-in of dematerialized shares. Anchor investors have 50% of their shares locked in for 90 days and the remaining 50% for 30 days, both from the date of allotment.

Locked-in promoter shares can be pledged with scheduled commercial banks, public financial institutions, systematically important non-banking finance companies or housing finance companies for loans, subject to specific conditions. Transfers of locked-in shares among promoters or to promoter group members are permitted, maintaining the lock-in period. Promoters' contribution excludes investments from specified financial entities.

As of the document's date, the company has seven shareholders. The Promoters and Promoter Group hold 5,24,99,958 equity shares or 99.99% of the pre-offer equity share capital. This consists of Sunil Agarwal (74.72%), Pamita Agarwal (12.00%), Hardik Agarwal (6.64%), Yash Agarwal (6.64%) and Aditi Agarwal (negligible). None of these shares are pledged. The company has not entered into any buy-back arrangements for the purchase of equity shares and there are no partly paid-up equity shares.