Roni Households Rights Issue

Roni Households Rights Issue

Roni Households Rights Issue will open for subscription from 09 December 2022. the company aims for a base issue size of ₹6.07 Crores.

Roni Households Limited

RH Limited is engaged in the business of producing and marketing plastic household products like tubs, buckets, ghamelas, and other household items. The company also offers a wide range of plastic granules that get used by various plastic industries to manufacture different end products. The company intends to further expand the business by manufacturing plastic products for household use. The company has taken land on lease in MIDC, Jalgaon, for setting up the manufacturing unit.

The company has two business verticals (1) Trading Business Process and (2) Manufacturing Process. The trading business vertical of the company is a B2B model wherein the company procures goods from suppliers on a cash or credit basis and supply to it to the clients on a credit basis. The company procures goods carried out on an “order” basis as well as a “demand estimation basis”

Objects of the Issue

  • Adjustment of Unsecured Loans against the Entitlement of the Promoters.
  • Partial Repayment of Loan taken from State Bank of India.
  • Towards working capital requirements.
  • General Corporate Purposes.

Roni Households Rights Issue Timetable

Record Date25 November 2022
Credit of Rights Entitlements08 December 2022
Bid/Offer Opens On09 December 2022
Renunciation of Rights Entitlements19 December 2022
Bid/Offer Closes On23 December 2022
Deemed Date of Allotment04 January 2022
Credit Date06 January 2022
Listing Date09 January 2022

Roni Households Rights Issue 2022 Details

Issue OpenDec 9, 2022 – Dec 23, 2022
Security NameRoni Households Limited
Issue Size (Shares)867,189
Issue Size (Amount)₹6.07 Crores
Issue Price₹70 per share
Face Value₹10 per share
Listing AtBSE
Terms of PaymentThe full amount of Rs 70/- is payable on application.
Entitlement1 Rights Share for every 5 Equity Shares held as on Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Lead Manager(s)

  • Aryaman Financial Services Limited

Rights Issue Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200

Company Contact Information

Roni Households Limited
f-55, near R L Square,
MIDC, Jalgaon,
Maharashtra – 425 003

Final thoughts

Roni Households Rights Issue is going to open for subscription soon. applying for rights Issue is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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