Rashi peripherals is a distributor company incorporated in year 1989 is among leading national distributor partner for global technology brand in (ICT) products.
What fascinates to me about this business is it has recently got order worth 1,500cr from Hiranandani backed company NMDC Data center Pvt. when current market cap is 2,105cr.
‘What excites me more is its anchor investors’
Volrado venture which is owned by Mr Akash Bhansali has invested 100cr in pre-ipo placement along with Mr Madhu Kela who invest 50cr at a price of 311 per shares and owns 2.44% stake. Also Nemish Shah a veteran of this market’s has also invested approx. 17cr at 329 per share.
All these things combined its future looks quite promising once the Micron plant in Gujarat also starts its production whom there already have a type with (Micron is the largest chip manufatcuring company)
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