Rainbow Crop Health IPO Dates, Bid, Size, Allotment, Subscription, Listing, Price

Let’s have a detailed review of the company and analytics of the Rainbow Crop Health Limited IPO release date, IPO offer price, subscription, Rainbow Crop Health Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters, and other related things. Open Demat Account - Offers


Rainbow Crop Health Limited IPO Review & Ratings

IPO Ratings & Review
CriteriaRatings
Industry Sentiments7.5/10
Industry Ranking7.1/10
Company Background7.3/10
Company Reputation7.2/10
Competitive Edge7.7/10
Financial Statements7.1/10
Popularity Index7.4/10
Promoters Reputation7.7/10
Retail Appetite7.1/10
Top Brokers Review7.9/10
Overall Ratings7.4/10
Star Ratings★★★★☆

Summary of Rainbow Crop Health Limited IPO

Rainbow Crop Health Limited IPOThey started their business activities as a trader of herbicides, insecticides, fungicides, plant growth regulators & fertilizers in various forms – liquid, dust, powder and granules. Company expect synergy benefits with consolidation of customer base of RCHL and M/s Welcome Crop Health.

Acquisition of this manufacturing facility has enabled them to diversify business and enter into vertical of manufacturing also.

The Promoters of this company are Rainbow Crop Health Limited and Communication Limited IPO is MR.AJAY RULHANIA AND MS. REKHA RANI. The lead managers to the issue are CORPORATE CAPITAL VENTURES PRIVATE LIMITED andand the Registrar to this issue is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.


Open Free* Demat A/C Now! Fill the details below

    Fill Your Details Here
    1. Open Demat Account


    Rainbow Crop Health IPO Date

    The opening and the closing date of the Rainbow Crop Health Limited IPO are not known yet.


    Rainbow Crop Health IPO Subscription

    Day / DateQIBNIIRIITotal Subscription
    1st Day – 
    2nd Day – 
    3rd Day – 
    4th Day – 
    5th Day – 
    Shares Offered or Net Issue

    The shares subscribed by the public will be updated herein on a daily basis, once the IPO is open for subscription.


    Rainbow Crop Health IPO Allotment Status

    Here, you can find the Allotment Status of this IPO.

    Basis of Allotment Finalization
    Refunds Initiation
    Credit of Shares to Demat Account
    Share Listing Date

    Rainbow Crop Health Limited IPO Price Band or Cash Price

    The cash price of this IPO is Rs. 38 per Equity Share


    Rainbow Crop Health Limited IPO Issue Size

    The Issue size comprises issuance of up to 9,30,000 Equity Shares of face value of Rs. 10 each fully paid-up for cash at price of Rs. 38/- per Equity Share aggregating to Rs. 353.40 Lakhs.


    Rainbow Crop Health IPO Offering

    The Net Issue is upto 8,82,000 Equity Shares of face value of Rs.10/- each fully paid-up for cash at price of Rs. 38/- per Equity Share aggregating to Rs. 335.16 Lakhs

    • NII – 4,41,000 Equity Shares
    • RII – Upto 4,41,000 Equity Shares

    Rainbow Crop Health Limited – Company Overview

    The Company is into the Agrochemical Manufacturing business. Our diversified product portfolio can be classified as Herbicides/Weedicides, Fungicides, Plant Growth Regulator, Fertilizer, Bio-Fertilizer and Insecticides.

    Company was incorporated as a public limited company namely “Rainbow Crop Health Limited” under the Companies Act, 1956, in Haryana, vide certificate of incorporation dated March 30, 2012 issued by Registrar of Companies, National Capital Territory of Delhi and Haryana bearing registration number 045551.

    Rainbow Crop Health Limited Business Model

    We are an IT Solution distribution house in India having commenced our operations with reselling and redistribution of IT hardware products like Cabinets, motherboard, etc. Engaged in the distribution business, our Company has partnered with a number of networking and security brands for distribution in the country.

    Currently, we operate with a dealer network of around 1600 dealers and through sales representatives. We play the role of an IT Distributor offering the bouquet of services.

    Business strategies of Rainbow Crop Health Limited

    • Further Widening Of Our Customer Base
    • Reduction of Operational costs and achieving efficiency
    • To Build-Up a Professional Organization
    • Focus on cordial relationship with our suppliers, customer and employees
    • Optimal Utilization of resources

    Rainbow Crop Health Limited – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

    Financial Summary of Rainbow Crop Health Limited IPO

    On the basis of Standalone statement:-

    Amount (in INR & lakhs)
    Period ended on 15/07/201931-Mar-1931-Mar-1831-Mar-17
    Total Assets2123.011702.111533.831255.39
    Total Revenue692.781634.041775.361313.68
    Total Expense663.501547.841731.101291.28
    Profit After Tax24.1271.7236.0820.94

    Earnings per Equity Share (in lakhs)

    31-Mar-1931-Mar-1831-Mar-17
    Basic & Diluted3.596.598.37

    From the above statements, one could find that Rainbow Crop Health Limited may perform well.


    Rainbow Crop Health Limited IPO – Promoters

    The Promoter of this company is:

    • MR.AJAY RULHANIA AND
    • MS. REKHA RANI

    List of Related Parties (Key Managerial Personnel)

    • Mr. Ajay Rulhania, Chairman & Managing Director
    • Ms. Priyanshu Singh, Chief Financial Officer
    • Ms. Ginny Uppal, Company Secretary & Compliance Officer

    Interest in promotion of the Company

    Promoters are interested in the promotion of Company in their capacity as a shareholder of Company and having significant control over the management and influencing policy decisions of Company

    Property Interest

    Promoters do not have any interest in any property acquired by or proposed to be acquired by Company

    Interest in Intellectual Rights of the Company

    As on the date of filing of the Draft Red Herring Prospectus, the Company does not own any intellectual property rights.


    Rainbow Crop Health Limited IPO Offer Details or Issue Details

    Particulars No. Of Equity Shares
    Issue of Equity Shares by our CompanyUpto 9,30,000 Equity Shares of face value of Rs. 10/- each fully paid-up for cash at price of Rs.38/- per Equity Share aggregating to Rs. 353.40 Lakh
     Of which:
    Market Maker Reservation PortionUpto 48,000 Equity Shares of face value of Rs.10/- each fully paid-up for cash at price of Rs.38/- per Equity Share aggregating to Rs. 18.24 Lakhs
    Net Issue to the PublicUpto 8,82,000 Equity Shares of face value of Rs.10/- each fully paid-up for cash at price of Rs. 38/- per Equity Share aggregating to Rs. 335.16 Lakhs
     Of which:
    (A) Retail PortionUpto 4,41,000 Equity Shares of face value of Rs.10/- each fully paid-up for cash at price of Rs.38/- per Equity Share aggregating to Rs. 167.58 Lakhs, i.e. 50% of the Net Issue shall be available for allocation for Retail Individual Investors.
    (B) Non – Institutional PortionUpto 4,41,000 Equity Shares of face value of Rs.10/- each fully paid-up for cash at price of Rs.38/- per Equity Share aggregating to Rs. 167.58 Lakhs, i.e. 50% of the Net Issue shall be available for allocation for Investors other than Retail Individual Investors.
    Pre-and Post-Issue Equity Shares
    Equity Shares outstanding prior to the Issue25,60,000 Equity Shares of Rs.10/- each
    Equity Shares outstanding after the Issue34,90,000 Equity Shares of Rs.10/- each

    Rainbow Crop Health Limited IPO Issue Object

    These are the IPO Issue Objects of the company

    • To meet out the Working Capital requirements of the Company
    •  To meet out the General Corporate Purposes; and
    •  To meet out the Issue Expenses.

    Rainbow Crop Health Limited IPO – Basis of the Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Company’s core business
    • Qualified & Experienced Team
    • Customers Base
    • Geographic exposure
    • Competitive Advantage
    • Corporate Governance
    •  Industry Growth Trends
    • Wide Product Range

    The relevant quantitative factors are:

    On the basis of standalone statement:-

    Basic & Diluted EPSRONW NAV (Rs.)
    31-Mar-172.5120.41%27.42
    6.5912.90%13.98
    31-Mar-198.3730.54%17.57
    • Price to Earnings (P/E) ratio in relation to Issue Price Rs. [●] per Equity Share of Rs. 10 each fully paid up
    ParticularsP/E ratio
    Highest78.48
    Average16.83
    Lowest47.65
    • Competitive Peers: 
    CompaniesEPSPE RatioRONW (%)NAV (Per Share)Face Value
    Rainbow Crop Health Limited and Communication Limited3.5910.6020.4117.5710
    PI Industries Limited29.5635.0217.92164.79671.00
    Bayer CropScience Limited69.2063.3412.62548.5610.00
    Super Crop Safe Limited1.380.0615.718.742.00

    Rainbow Crop Health Limited IPO Lead Managers

    Lead Managers
    CORPORATE CAPITAL VENTURES PRIVATE LIMITED
    SEBI Registration No.: MB/INM000012276
    160 L.G.F., Vinoba Puri, Lajpat Nagar –II, New Delhi- 110024
    Tel No.: +91-11-41704066
    Contact Person: Mr. Tushar Shukla
    E-mail: info@ccvindia.com; Website: www.ccvindia.com

    Rainbow Crop Health Limited IPO Registrar to offer

    Registrar to the Offer
    SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
    SEBI Registration No.: INR000003241
    D-153 A, 1st Floor, Okhla Industrial Area, Phase – I , New Delhi-110020
    Tel No: +91- 11-40450193-97; Fax No: +91-11-26812683
    Contact Person: Mr. Khan Mohd. Ubed
    Website: www.skylinerta.com; Email: compliances@skylinerta.com

    Rainbow Crop Health Limited IPO Other Details:

    • Statutory Auditor – M/s Vishwa Mitter & Co.
    • Peer Review Auditor – M/s V. N. Purohit & Co. (Chartered Accountants)
    • Bankers to the Company – Vijaya Bank

    Rainbow Crop Health Limited IPO Grey Market Premium

    The Rainbow Crop Health Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Open Free* Demat A/C Now! Fill the details below

      Fill Your Details Here
      1. Open Demat Account

      Rainbow Crop Health Limited IPO News

      News 1 – Download DRHP Prospectus


      Market Guide

      What is IPO?
      IPO Investment
      Upcoming IPOs
       IPO Valuation

      Featured Topics

      Best Discount Broker in India
      Top 10 Sub Broker Partner in India
      Best Stock Broker in India
      Sub Broker Franchise
      Best Demat Account
      Brokerage Calculator
      Best Full Service Broker in India
      Broking Franchisee
       Best Intraday Trading Brokers in India

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      Get 100% IPO Allotment Guarantee! Subscribe to IPO
      ×

      Share your details & Become Sub Broker Now!

        1. Become Sub Broker

        Offer valid for limited time.

        ×

        Share your details & Open Demat A/C Now!

          1. Open Demat Account

          Offer valid for limited time.

          ×

          Share your details & Get IPO Allotment Now!

            1. Invest in IPO

            Offer valid for limited time.

            ×

            Share your details & Invest in PMS Now!

              1. Invest in PMS / PCG

              Offer valid for limited time.