{"id":135,"date":"2024-12-08T12:14:32","date_gmt":"2024-12-08T12:14:32","guid":{"rendered":"https:\/\/upnifty.com\/apps\/?ipo=raghuvir-exim-ipo"},"modified":"2024-12-08T12:14:32","modified_gmt":"2024-12-08T12:14:32","slug":"raghuvir-exim-ipo","status":"publish","type":"ipo","link":"https:\/\/upnifty.com\/apps\/ipo\/raghuvir-exim-ipo\/","title":{"rendered":"Raghuvir EXIM IPO"},"content":{"rendered":"


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About Raghuvir EXIM Limited<\/h2>\n

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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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

Industry Outlook:<\/strong><\/p>\n

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  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. <\/li>\n
  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. <\/li>\n<\/ol>\n

    Raghuvir EXIM Limited IPO Details <\/strong><\/h2>\n

    Raghuvir EXIM Limited IPO Dates<\/strong><\/h3>\n

    The exact dates are yet to be announced.<\/p>\n

    Raghuvir EXIM Limited IPO Price Band<\/strong><\/h3>\n

    Raghuvir EXIM Limited is a book-built Issue IPO. The price range per share has yet to be announced.<\/p>\n

    Raghuvir EXIM Limited IPO Lot Size<\/strong><\/h3>\n

    The lot size is yet to be announced.<\/p>\n

    Raghuvir EXIM Limited IPO Objectives<\/strong><\/h2>\n

    The company plans to allocate the net proceeds from the issuance to the following purposes:\n<\/p>\n

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    1. Raghuvir EXIM Limited plans to use funds of \u20b91,128.68 million to establish two Stitching Units in Ahmedabad, Gujarat, aimed at expanding manufacturing capacities and introducing new home textile products.<\/li>\n
    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.<\/li>\n<\/ol>\n

      Peer Details<\/strong><\/h2>\n

      The following are the listed peers of Raghuvir EXIM Limited:\n<\/p>\n

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      1. KPR Mill Limited<\/li>\n
      2. Trident Limited<\/li>\n<\/ol>\n

        How to Check the Allotment Status of the Raghuvir EXIM Limited IPO?<\/strong><\/h2>\n

        Steps to check IPO allotment status on Angel One\u2019s app:<\/p>\n

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        1. Log in to the Angel One app<\/li>\n
        2. Go to the IPO Section and then to IPO Orders.<\/li>\n
        3. Select the individual IPO that you had applied for and check the allotment status.<\/li>\n
        4. Angel One will notify you of your IPO allotment status via push notification and email.<\/li>\n<\/ol>\n

          Contact Details of Raghuvir EXIM Limited IPO<\/strong><\/h2>\n