Raghuvir EXIM IPO

About Raghuvir EXIM Limited

Raghuvir EXIM Limited has been in the textile industry for over three decades, focusing on transforming semi-finished fabrics into high-quality finished products. Their core offerings include an array of home textiles like bedsheets, pillowcases, duvet covers, comforters, quilts, and curtains, crafted from a diverse range of fabrics such as polyester, cotton blends, modal, tencel, and poly cotton.

The company is recognised as a “Star Export House” and a “Two Star Export House” by the Directorate General of Foreign Trade. Their export-centric approach has been pivotal in driving their growth, with a significant portion of their revenues derived from exports to over 25 countries, prominently including the USA, Canada, UK, Israel, and Australia.

Over the years, they have not only expanded their product line but also strengthened their operations. Their revenue growth, PAT, and EBITDA reflect a consistent upward trajectory, showcasing financial stability and market leadership.

Their strategic initiatives include expanding production capacities with the setup of two new stitching units, demonstrating commitment toward innovation, quality, and customer satisfaction in the textile domain.

Industry Outlook:

1. The global economy is stabilising with growth rates of 3.1% to 3.2% annually, despite a slight slowdown from the Russia-Ukraine conflict and inflation. This stability, supported by resilient major economies and relaxed fiscal policies, creates a favourable environment for international trade and investment.
2. India’s textile industry, contributing 3% to GDP and 14% to manufacturing output, stands as a key player in the nation’s economy. Exporting textiles and apparel globally, it ranks second in man-made fibre production and third in textile exports.

Raghuvir EXIM Limited IPO Details

Raghuvir EXIM Limited IPO Dates

The exact dates are yet to be announced.

Raghuvir EXIM Limited IPO Price Band

Raghuvir EXIM Limited is a book-built Issue IPO. The price range per share has yet to be announced.

Raghuvir EXIM Limited IPO Lot Size

The lot size is yet to be announced.

Raghuvir EXIM Limited IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

1. Raghuvir EXIM Limited plans to use funds of ₹1,128.68 million to establish two Stitching Units in Ahmedabad, Gujarat, aimed at expanding manufacturing capacities and introducing new home textile products.
2. The remaining funds will be utilised for general corporate purposes, such as for prepayment/repayment of borrowings, strategic initiatives, acquisitions, business development, fixed asset acquisition, administrative expenses, salaries, taxes, and duties as per corporate requirements.

Peer Details

The following are the listed peers of Raghuvir EXIM Limited:

1. KPR Mill Limited
2. Trident Limited

How to Check the Allotment Status of the Raghuvir EXIM Limited IPO?

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1. Log in to the Angel One app
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
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Contact Details of Raghuvir EXIM Limited IPO

• Registered office: 1035/A, Near Ayodhya Township, Rancharda Road, Shilaj, Shilaj, Daskroi,Ahmedabad-380059
• Phone: +91 85305 58 745
• E-mail:cs@raghuvirexim.com