Rashi Peripherals IPO review | Should you apply? | IPOs 2024 | Upstox
To apply for the IPO :
https://upstox.com/ipo-initial-public...
Incorporated in 1989, Rashi Peripherals Limited is a leading national distribution partner for global technology brands in India. The company’s primary business activity is distributing Information and Communications Technology (ICT) products, personal computing, mobility, enterprise, embedded solutions, components, lifestyle, storage and memory devices, UPS and accessories.
Rashi Peripherals is a key player in India’s technology value chain, offering customised marketing programs, just-in-time logistics solutions, pre-sales and post sales technical support, product planning and distribution solutions to different brands. This helps create sales and profitable opportunities for global technology brands and channel partners.
It operates two business verticals: 1. Personal Computing, Enterprise and Cloud Solutions (PES) through which it distributes cloud computing, enterprise solutions, etc and 2. Lifestyle and IT essentials (LIT) under which it distributes products such as CPUs, motherboards, memory devices, inverters, etc.
Its pan-India network comprises 50 branches for sales and service centres and 63 warehouses spanning 680 locations in India as of 30 September 2023. Its distribution channels include hybrid resellers, regional distributors, stockist partners, retailers, corporate resellers, original equipment manufacturers, large, multi and small format retail stores, and online marketplaces.
As of 30 September 2023, it had 8,402 customers of which it acts as a national distribution partner for 52 global technology brands. These brands are ASUS, Dell, HP, Lenovo, Logitech Asia Pacific, NVIDIA Corporation, Intel, Schneider, Toshiba and Harman. The wide range of product offerings has helped Rashi Peripherals achieve economies of scale and provide channel partners with a single sourcing point.
It offers its customers benefits like diverse products, credit support, technology support, customised solutions and business expansion opportunities. On the other hand, it provides geographical reach, market penetration, training programs, business expertise, sales support and speedy execution to its vendors.
And now, Rashi Peripherals Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to repay borrowings, fund working capital requirements and for general corporate purposes. Its shares will be listed on the NSE and the BSE.
💜 watching our videos? We love making them for you! Leave a comment and tell us what you would like to see next👇
📹 Share & subscribe to our YouTube channel for daily updates 🔔 https://youtube.com/@UpstoxOfficial/S...
------------------------------------------------------------------------------------------------------------------------------------
About Upstox:
💑Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all!
🙌 Backed by Mr. Ratan Tata and Tiger Global - Upstox aims to help every Indian confidently UP their wealth. From our mobile app (which btw is India’s highest rated trading app on Playstore) you can learn, discover, analyse, invest and trade.
🤝 Wish to join our family? Download our app now👇
iOS users https://apps.apple.com/in/app/upstox-...
Android users: https://play.google.com/store/apps/de...
And click here to open an Upstox Demat & Trading account with just a PAN, Aadhaar, eKYC
https://uptx.to/open-demat-account
------------------------------------------------------------------------------------------------------------------------------------
📖 Want to UPskill? Register for our investing and trading workshops by industry experts for free: https://uptx.to/uplearn-yt-aug23
💬 Got questions on your mind? Connect with like-minded traders, ask questions and discuss any doubts - our subject matter experts will resolve them in no time. Join the Upstox Community for free: https://uptx.to/community-yt-aug23
💸 Want to know how much you’ll earn from your investments? Calculate returns, brokerage charges, margin and more https://upstox.com/calculator/
💜 Show us some love on Social Media and get regular updates on the market:
1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community
2) Follow us on Instagram here: https://uptx.to/Instagram-Oct
3) Follow us on Twitter here: https://uptx.to/Twitter-Oct
4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct