31 Mar 2022
Assets116.61
Total Income190.80
Profit After Tax5.55
NET Worth13.30
Reserves and Surplus13.32
Total Borrowing12.64
At a glance
Updated 2026-08-24RNFI Services is a SME IPO with an issue size of ₹70.81 crore, proposed for listing on NSE SME. The offer opens on 22nd Jul 2024 and closes on 24th Jul 2024. The issue structure includes a fresh issue of ₹66.78 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹70.81 Cr
Fresh issue₹66.78 Cr
Face value₹10
Price band₹98.00–₹105.00
Allotment25th Jul 2024
Grey market
GMP page ↗Latest GMP₹89.00
GMP / upper price84.76%
Est. listing₹194.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Jul 2024
Closes24th Jul 2024
Allotment25th Jul 2024
Refund26th Jul 2024
Demat26th Jul 2024
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹25.00 Cr |
| Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server | ₹10.81 Cr |
| Strengthening our technology infrastructure to develop new capabilities | ₹5.30 Cr |
| Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes | ₹19.38 Cr |
Financials
Full financials ↗31 Mar 2023
Assets125.27
Total Income1,069.40
Profit After Tax4.89
NET Worth20.42
Reserves and Surplus20.43
Total Borrowing21.19
31 Mar 2024
Assets190.51
Total Income943.05
Profit After Tax9.96
NET Worth31.60
Reserves and Surplus13.51
Total Borrowing36.39
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 29.74% |
| Debt / Equity | 1.02% |
| RoNW | 40.92% |
| PAT Margin | 1.06% |
| Price to Book Value | 6.05 |
Valuation & shareholding
Pre-IPO EPS5.47
Post-IPO EPS3.99
Pre-IPO P/E19.19
Post-IPO P/E26.3
Promoter holding pre89.53%
Promoter holding post65.34%
Market cap₹262.00 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to BRLM (including underwriting commissions and selling commission) | ₹8.96 Cr |
| Advertising and marketing expenses | ₹0.16 Cr |
| Fees to the Registrar to the Issue | ₹0.10 Cr |
| Fees payable to the Regulators including stock exchanges | ₹0.05 Cr |
| Printing and distribution of Issue stationary | ₹0.02 Cr |
| Brokerage, selling commission uploading/processing fees | ₹0.07 Cr |
| Others (bankers to the Issue, depositories, secretarial, market making, auditor's fees, other professional fees etc.) | ₹0.96 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Choice Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.