Rectitude Holdings Ltd · NASDAQ:RECT
Rectitude — IPO Roadshow (March 2024)
20 slides from Rectitude's IPO roadshow presentation, Mar 11, 2024
Slide 1: Free Writing Prospectus - Rectitude Holdings Limited
Filed Pursuant to Rule 433 Registration Statement No. 333 - 276517 Issuer Free Writing Prospectus dated March 11, 2024 Relating to Preliminary Prospectus dated January 31, 2024 Rectitude Holdings Limited 2,000,000 Ordinary Shares This free writing prospectus relates to the proposed initial public of
Slide 2: Forward-looking Statements
Forward - looking Statements This presentation contains forward - looking statements. All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and o
Slide 3: Offering Summary
Rectitude Holdings Ltd. Issuer: NASDAQ / RECT Listing Venue/Ticker: 12,500,000 ordinary shares Pre - Offering Class A o rdinary Share Outstanding: 2 , 0 00,000 ordinary shares or 2,300,000 ordinary shares assuming full exercise of the underwriters’ over - allotment option and excluding up to 100,000
Slide 4: Who We Are
Who We Are Rectitude Holdings Ltd. is a Singapore - based provider of safety equipment and other industrial products, selling goods and providing solutions through a wide array of distributor networks and end markets. Our distribution network spans Singapore and is increasing throughout the Southeas
Slide 5: Our Products
Our Products • Personal protective clothing • Hand gloves • Safety footwear • Personal fall arrest systems 1 Essential Safety Equipment Items Portable Fire Extinguishers • Rubber speed humps wheel stops • Wheel chocks Traffic Products • Industrial hardware tools and electrical hardware required for
Slide 6: Our Brands
Our Brands 6 The D&D brand represents our core product line featuring a variety of safety footwear designed with sturdy toecaps. The SkyHawk brand is our product line committed to providing reliable travel restraint and fall arrest equipment, specifically designed to ensure the safety of workers ope
Slide 7: Our Customers
Our Customers 7 Our customers, who are located throughout Southeast Asia, can be categorized into (i) wholesalers and distributers and (ii) end users of our products. For the financial years ended March 31, 2023, our top five customers accounted for 33% of total sales, with three of our top five cus
Slide 8: Sales and Marketing
Sales and Marketing 8 Our sales and marketing team consists of 14 full - time employees based in Singapore, led by Executive Director Huang Dong. The sales team consist of individuals who specialize in handling wholesale ordering and those who specialize in handling end user markets. We also have st
Slide 9: Sales Process Flow
Sales Process Flow We leverage our wide network of contacts to build a reputation and rapport with a network of trusted suppliers from around the region and in the PRC. Through our commitment to deliver high quality equipment, which are customizable based on customer needs, we have firmly establishe
Slide 10: Industry Overview: Personal Protection Equipment
Industry Overview 10 Personal Protection Equipment (“PPE”) Industry Overview PPE encompasses an array of equipment designed to curtail exposure to safety and health risks in the workplace that have the potential to cause injuries or illnesses. These risks could manifest in various forms, including c
Slide 11: Industry Overview: PPE Market Growth
Industry Overview Personal Protection Equipment (“PPE”) 11 The Asia Pacific market is expected to grow at the fastest growth rate at a CAGR of c.6.5% over the forecast period driven by the significant economic development and industrialization across the region. The SEA region is experiencing signif
Slide 12: Industry Outlook and Growth Drivers
Industry Overview Industry Outlook The PPE market encompasses a wide variety of safety gear designed to protect workers from workplace hazards. These hazards range from chemical exposure to electrical risks and extreme temperatures, making PPE a crucial component across industries like construction,
Slide 13: One-stop provider of an extensive range of products
One - stop provider of an extensive range of products Strategically located branches across Singapore Experienced management team Strong and stable relationships with suppliers and customers • A one - stop provider for all clients’ safety needs by offering convenience and streamlining the procuremen
Slide 14: Business Strategies
Business Strategies 14 Expand business and operations through acquisitions, joint ventures and/or strategic alliances Widen our product range Strengthen our local presence
Slide 15: Research and Development
Research and Development VR training service tailored to Singapore’s construction sites We are trying to optimize safety training with the integration of virtual reality (“VR”) technology and are aiming to provide our customers with the first iteration of our VR equipment in Q4’24. We have been deve
Slide 16: Management
Management Zhang Jian Chairman & Chief Executive Officer • Founder of Rectitude with 20+ years of experience in the safety equipment industry • Responsible for the overall business management of Rectitude, expanded the product range and established several successful brands, and opened eight branche
Slide 17: Independent Director Nominees
Shirley Tan Independent Director Nominee • 18+ years of experience in corporate secretarial work and compliance advisory for private and publicly listed companies, SMEs, foreign companies, and academic institutions in Singapore • Expertise includes corporate secretarial due diligence exercises for i
Slide 18: Financials: Revenue
$29.8 $37.6 $0 $5 $10 $15 $20 $25 $30 $35 $40 2022 2023 Millions Revenue (S$) Fiscal Years Ended March 31, 2022 and 2023 65% 35% Revenue (S$) by sales categories For the Fiscal Years ended March 31,2022 and 2023 During the years ended March 31, 2023, sale of safety equipment and auxiliary products a
Slide 19: Financials: Net Income and Gross Profit
Net income for the year increased by S$1,849,813, or approximately 89.1%, from S$2,077,008 for the year ended March 31, 2022, to S$3,926,821 for the year ended March 31, 2023. For the years ended March 31, 2022 and 2023, our gross profits were S$8,743,878 and S$12,140,670, respectively, and our gros
Slide 20: Issuer and Underwriter Contacts
I ssuer Rectitude Holdings Limited Email: Chin_fo@rectitude.com.sg Tel: +(65) 6749 6647 Address: 35 Tampines Industrial Avenue 5 T5@Tampines Underwriter A.G.P./Alliance Global Partners Karen Mu Email: kmu@allianceg.com Address: 590 Madison Ave 28th Floor, New York, NY 10022 20