Rangoli Tradecomm IPO: GMP, Price, Size & Dates

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Rangoli Tradecomm was established in the year 2009 and is mainly involved in the trading activities of Polymers and Textile products. Its Polymer business division includes the buying and selling of commodity polymer, engineering polymer, chemicals, and additives, while the Textile segment consists of yarns, threads, and fabrics trading. 

The company follows both the B2B (business to business) and B2C (business to customer) model to supply textile and polymer products. It is geographically spread across many cities such as Delhi, North India, Haryana, Himachal Pradesh, Rajasthan, Punjab, Gujarat, and Maharashtra. 

Rangoli Tradecomm IPO Details 

IPO Date Mar 9, 2021 to Mar 12, 2021 
Listing Date Mar 22, 2021 
Face Value ₹10 per share 
Price ₹207 per share 
Lot Size 600 Shares 
Total Issue Size 2,181,000 shares 
(aggregating up to ₹45.15 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Industry Overview 

The polymer industry involves the manufacturing and distribution of plastic materials, including commodity polymers and engineering polymers, which are used in various applications such as packaging, construction, automotive, and electronics industries. On the other hand, the textile industry comprises the production and sale of various types of fabrics, yarns, and threads, which are utilized in fashion, home furnishings, and other textile-related applications. 

Company Financials 

Summary of financial Information (Restated Consolidated) 

Particulars For the year/period ended (₹ in lakhs) 
 30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18 
Total Assets 10,457.70 7,062.74 1,049.22 697.08 
Total Revenue 14,683.95 16,543.50 352.20 0.12 
Profit After Tax 1,092.77 211.25 292.55 (0.01) 
Rangoli Tradecomm

Objects of the Issue 

  • To raise funds for working capital requirements. 
  • To meet general corporate purposes. 

Rangoli Tradecomm IPO Prospectus

Company Contact Information

Rangoli Tradecomm Limited
2nd Floor, FL 2A, 12 Pathak Para Road,
LP-7/17/0, Kolkata 700060

Phone: 02249712096
Email: cs@key2elements.com
Websitehttp://www.key2elements.com/

Rangoli Tradecomm IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://www.bigshareonline.com/

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Rangoli Tradecomm IPO Lead Manager(s)

  1. Fedex Securities Limited (Past IPO Performance)

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