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15 Days Price Change

RNFI Services IPO

Closing In

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WEBSITE Inc. Year: 2015 Industry: Fintech Listed Page

Profile
Issue Size --
Profile
Price Range 98  to  105 per share
Profile
Min Investment ₹105
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

RNFI Services Limited is a prominent financial services firm based in India, specializing in wealth management, investment advisory, and financial planning. Established with a commitment to delivering personalized client-centric solutions, RNFI serves a diverse clientele including individuals, businesses, and institutional investors. The company's offerings encompass comprehensive financial services aimed at optimizing client financial outcomes through expert guidance and strategic planning. With a focus on integrity and innovation, RNFI leverages its expertise to navigate the complexities of financial markets, ensuring tailored solutions that align with the unique goals and aspirations of its clients. Read More

Basic Info

Face Value 10 per share

Price 98  to  105 per share

P/E (x) 13.1

Sales( Cr.) 917

PAT( Cr.) 20

EPS 8

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Ranveer Khyaliya Nitesh Kumar Sharma Deepankar Aggarwal Rajan Kumar

Pre Issue Share Holding 89.53%

Post Issue Share Holding --%

Listing Details:

Listing Price: 199.5

Listing Gain: 47.37%

Current Price: 278.7

Gain On Issue: 278.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 22, 2024
Closing Date Jul 24, 2024
Allotment Jul 25, 2024
Refund Jul 26, 2024
Delivery of Shares Jul 26, 2024
Listing Date Jul 29, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 126,000
Retail (Max) 1 1200 126,000
S-HNI (Min) 2 2400 252,000
S-HNI (Max) 7 8400 882,000
B-HNI (Min) 8 9600 1,008,000

Objective of the Issue

1. Funding the working capital requirements of the Company 2. Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server 3. Strengthening our technology infrastructure to develop new capabilities 4. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives 5. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 3372000 474305520 140.7x
NII 1011600 519264396 513.3x
Retail 2360400 336640248 142.6x
EMP 0 0 0x
Total 6744000 1493728560 221.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

RNFI Services Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 134 188 1067 936 917
Other Income 2 3 3 7 7
Total Income 136 191 1069 943 923
Total Expenditure 123 180 1058 922 878
Operating Profit 13 11 12 21 46
Interest 1 2 3 4 4
Depreciation 1 1 2 4 15
Exceptional Income / Expenses 0 -0 0 0 0
Profit Before Tax 10 8 7 13 27
Provision for Tax 3 2 2 3 7
Profit After Tax 7 6 5 10 20
Adjustments 0 -0 1 1 -2
Profit After Adjustments 7 5 5 11 18
Adjusted Earnings Per Share 4.2 2.9 3 5.8 7.3

RNFI Services Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 8 13 21 32 112
Minority's Interest 0 0 1 0 2
Borrowings 0 8 12 16 13
Other Non-Current Liabilities 1 0 1 1 2
Total Current Liabilities 96 94 90 140 149
Total Liabilities 105 116 125 190 279
Fixed Assets 8 10 6 28 37
Other Non-Current Assets 26 7 19 26 25
Total Current Assets 71 100 100 136 217
Total Assets 105 116 125 190 279

RNFI Services Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 33 39 53 32 61
Cash Flow from Operating Activities 5 20 -20 47 30
Cash Flow from Investing Activities -13 -0 -8 -26 -31
Cash Flow from Financing Activities 14 -6 8 7 46
Net Cash Inflow / Outflow 6 14 -20 28 45
Closing Cash & Cash Equivalent 39 53 32 61 106

RNFI Services Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.19 2.94 3.03 5.8 7.29
CEPS(Rs) 4.72 3.96 3.87 7.55 13.88
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 4.41 7.54 11.54 17.32 44.87
Core EBITDA Margin(%) 8.14 4.46 0.82 1.41 4.26
EBIT Margin(%) 8.64 5 0.9 1.8 3.4
Pre Tax Margin(%) 7.58 4.13 0.61 1.38 2.92
PAT Margin (%) 5.57 2.95 0.46 1.06 2.19
Cash Profit Margin (%) 6.27 3.74 0.65 1.47 3.78
ROA(%) 7.11 5.02 4.05 6.28 8.58
ROE(%) 95.1 52.2 28.79 37.93 28.01
ROCE(%) 48.53 39.11 30.12 33.25 32.79
Receivable days 22.36 19.75 4.55 8.55 12.18
Inventory Days 8.52 6.31 1.42 1.87 2.61
Payable days 34.42 22.52 0.85 2.12 2.45
PER(x) 0 0 0 0 29.92
Price/Book(x) 0 0 0 0 4.86
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) -0.2 -0.24 -0.02 -0.02 0.48
EV/Core EBITDA(x) -2.11 -4.08 -1.59 -0.8 9.66
Net Sales Growth(%) 0 40.48 466.58 -12.28 -2.01
EBIT Growth(%) 0 -18.65 1.62 75.88 84.98
PAT Growth(%) 0 -25.6 -11.95 102.07 103.52
EPS Growth(%) 0 -29.96 3.22 91.37 25.73
Debt/Equity(x) 2.04 0.81 0.91 0.96 0.14
Current Ratio(x) 0.74 1.06 1.1 0.97 1.45
Quick Ratio(x) 0.71 1.02 1.05 0.94 1.39
Interest Cover(x) 8.14 5.76 3.16 4.32 7.1
Total Debt/Mcap(x) 0 0 0 0 0.03

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -2% 70% 0% 0%
Operating Profit CAGR 119% 61% 0% 0%
PAT CAGR 100% 49% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 20% NA% NA% NA%
ROE Average 28% 32% 48% 48%
ROCE Average 33% 32% 37% 37%

Company Contact Information

RNFI Services Ltd.

U G-5, Relipay House Plot No. 42 D L F Industrial Area Kirti Nagar

IPO Lead Manager(s)

RNFI Services Ltd.

Choice Capital Advisors Pvt Ltd

Registrar Info

RNFI Services Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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