
Industrial & Financial Services · NSE / BSE
Rashi Peripherals Limited is a major Indian distributor of global technology brands, providing a wide range of ICT products along with value-added services such as pre-sales support, technical help, marketing assistance, credit facilities, and warranty management. The company partners with leading brands like ASUS, Dell, HP, Lenovo, Logitech, NVIDIA, Intel, Western Digital, Schneider Electric, Eaton, LG, and Toshiba, and as of September 30, 2022, it served as the national distributor for 48 global brands. Its revenue has grown rapidly, rising from ₹39,344.82M in Fiscal 2020 to ₹93,134.38M in Fiscal 2022, with ₹50,238.09M recorded in the first half of 2022. With a strong national footprint of 50 branches, 50 service centers, 62 warehouses, and 8,657 channel partners across 730 locations, the company maintains a wide and efficient distribution network. As of September 30, 2022, Rashi Peripherals employed 1,322 people, including dedicated sales, marketing, and technical support teams that contribute to its nationwide reach and customer service.
Price Band
₹295 – ₹311
Issue Size
₹600 Cr
Lot Size
48 shares
GMP
+10.9%
Est. Listing
₹345
at current GMP
Subscribed
62.95x
overall
Open
7 Feb 2024
Close
9 Feb 2024
Allotment
12 Feb 2024
Refund
13 Feb 2024
Demat Credit
14 Feb 2024
Listing
14 Feb 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹311
Band: ₹295 – ₹311
Estimated Listing Price
₹345
Upper price + GMP
Lot Size
48 shares
Min investment ₹14,928
Estimated Profit / Lot
₹1,632
48 × ₹34
Grey Market Premium trend
+₹34
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹34 | 10.9% | ₹345 |
| 30 Oct 2026 | +₹34 | 10.9% | ₹345 |
| 29 Oct 2026 | +₹31 | 9.8% | ₹342 |
GMP is unofficial market data. Not a guarantee of listing performance.
Rashi Peripherals Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹600 Crores. The shares are offered at a price band of ₹295 to ₹311 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 48 shares (approx. ₹14,928 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-14, while un-allotted funds or UPI block mandates will be released on 2024-02-13.
The latest grey market premium for Rashi Peripherals Limited IPO is ₹34, which indicates an expected listing price of ₹345.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.