Rashi Peripherals Ltd

(RPTECH)

Rashi Peripherals Ltd. was incorporated as Rashi Peripherals Private Limited at Mumbai as a Private Limited Company dated March 15 1989 by ROC at Mumbai. Subsequently the Company changed its name and was converted into a Public Company pursuant to a Special Resolution passed in the Extraordinary General Meeting of Shareholders held on July 29 2022 and consequently a fresh Certificate of Incorporation dated August 4 2022 was issued by the RoC to Company under its present name Rashi Peripherals Limited.The Company is among the leading valueadded national distribution partners for global technology brands in India for Information and Communications Technology ICT products in terms of revenues and distribution network. It distribute a range of ICT products such as personal computing mobility enterprise embedded solutions components lifestyle storage and memory devices UPS and accessories manufactured by global technology brands. It distribute cloud computing solutions. The wide variety of products of global technologybrands that the Company distribute has helped achieve economies of scale and provide Channel Partners with a single sourcing point.The Company primarily operate business under two verticals which includes Personal Computing Enterprise and Cloud Solutions PES and Lifestyle and IT essentials LIT. Under Personal Computing Enterprise and Cloud Solutions PES vertical it distribute personal computing devices enterprise solutions embedded designs/ products and cloud computing. Under Lifestyle and IT essentials LIT it includes distribution of products such as components that include graphic cards central processing units CPUs and motherboards i storage and memory devices lifestyle peripherals and accessories that include keyboard mice web cameras monitors wearables casting devices fitness trackers and gaming accessories power equipment such as UPS and invertor and networking and mobility devices.The Company commenced operations with manufacturing of peripherals. With the liberalization of the Indian IT sector in 1991 it transitioned to distribution of ICT products of global technology brands in India. It has been instrumental in facilitating the entry of a number of global technology brands and were among the selected players that led the formalization of the fragmented and unorganized ICT products distribution in India. As of September 30 2022 the Company had branches in 50 cities that operate as sales centers service centers and warehouses. The Company is planning to raise from Public Rs. 750 crore through Fresh Issue..

Share Price: ₹397.75 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹2,683.43Cr as of today
Revenue: ₹4,267.08Cr as on June 2024 (Q2 24)
Net Profit: ₹55.04Cr as on June 2024 (Q2 24)
Listing date: 14 Feb, 2024
Chairperson Name: KRISHNA KUMAR CHOUDHARY