IPO DETAILS : Roni Households Ltd.

Plot No. F - 55, Addl. MIDC Area, Ajanta Road, Jalgaon, Maharashtra - 425003

Public Issue of 1500000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 10.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
19/11/201822/11/201820.00 -
Lead Managers Registrar Listed at
ARYAMAN FINANCIAL SERVICES LIMITED
Bigshare Services Pvt Ltd.
Bharat Tin Works Building,
1st Floor, Opp.Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The objectives of the issue are to raise funds for:

(a) Working Capital Requirements,
(b) Repayment of Unsecured loan,
(c) Funding expenditure for General Corporate Purposes.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.50
WORKING CAPITAL REQUIREMENTS1.24
GENERAL CORPORATE EXPS.0.11
REPAYMENT OF UNSECURED LOAN1.16
TOTAL COST3.00
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES3.00
TOTAL COST3.00
Promoted by

The Promoters of the Company are Mr. Harish Sirwani and Mrs. Nidhi Sirwani

1. Mr. Harish Sirwani : his aged 33 years, is the Managing Director of the Company. He is one of the founding members of the Company. He holds Master Degree in Business Administration from North Maharashtra University, Jalgaon. Post qualification, he started his own venture, a proprietorship concern viz. “M/s. Roni Enterprises” (which was takeover by the Company in 2018) to trade in plastic granules and household items. Later in 2017, as a growth strategy he founded Roni Households Limited with his wife Mrs. Nidhi Sirwani to trade plastic granules and household items on a larger scale. Further, in 2017, he also founded RV Gems Private Limited, a Company founded with the object of manufacturing jewellery, with his wife Mrs. Nidhi Sirwani. Currently, he is overseeing the Operations Department of the Company.

PAN: BBCPS9203F

Passport No. : N1222380

Driver’s License : MH1920090017530

Aadhaar : 4346 3676 2924

Bank A/c No. : 034792000000484

Name of Bank & Branch : Yes Bank, Jalgaon , Maharashtra

Other Interests : RV Gems Private Limited

2. Mrs. Nidhi Sirwani : her aged 32 years, is the Whole-time Director and Chief Financial Officer of the Company. She is one of the founding members of the Company. She is an associate member of The Institute of Chartered Accountants of India. She had undergone 3 years of management training under N S Doshi & Co. and Jayesh Lalwani & Co. Before joining the Company in 2017, to provide professional guidance, she practiced in the field of taxation and audit for around 8 years. She is also a founding member of RV Gems Private Limited, a Company which was established with the object of manufacturing jewellery, with her husband Mr. Harish Sirwani. Currently, she is heading the Finance Department of the Company.

PAN: EDAPS1978E

Passport No. : N2935053

Aadhaar : 6036 0387 6330

Bank A/c No. : 034798800000074

Name of Bank & Branch : Yes Bank, Jalgaon , Maharashtra

Other Interests : RV Gems Private Limited