Rappid Valves (India)

Rappid Valves (India) Limited - IPO

SME

Rappid Valves (India) IPO Details

Open Date
23 Sep 2024
Close Date
25 Sep 2024
Listing Date
30 Sep 2024
Issue Price
₹210 - ₹222
Face Value
₹10 per share
Lot Size
600
GMP
₹100 (45.0%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
38,22,184
Share holding post issue
51,91,984
Total Issue Size
13,69,800 shares (aggregating up to ₹30.41 Cr)
Fresh Issue
13,69,800 shares (aggregating up to ₹30.41 Cr)
Offer for Sale
-

Rappid Valves (India) IPO Subscription

Rappid Valves (India) IPO Application Wise Breakup

Rappid Valves (India) IPO Dates

  • 23 Sep 2024
    Opening dateOPD
  • 25 Sep 2024
    Closing dateCOD
  • 26 Sep 2024
    Basis of AllotmentBOA
  • 27 Sep 2024
    Initiation of RefundsIOR
  • 27 Sep 2024
    Credit of SharesCOS
  • 30 Sep 2024
    Listing dateLID

Rappid Valves (India) IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1600₹133,200
Retain Maximum1600₹133,200
HNI Minimum21200₹266,400

Rappid Valves (India) IPO Reservation

Promoter Holding

Pre Issue:69.46%
Post Issue:51.13%
Promoter Names:
Mr. Gaurav Vijay Dalal

Rappid Valves (India) IPO Valuations

ROE:53.88%
ROCE:29.88%
Debt/Equity:0.9
RoNW:33.82%
P/BV:24.89
PAT Margin (%):11.32
EPS Pre IPO:10.81
EPS Post IPO:7.96
P/E Pre IPO:20.53
P/E Post IPO:27.89

Rappid Valves (India) Limited Financial Information

Rappid Valves (India) Limited's revenue increased by 123% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,994.411,656.751,217.6
Revenue3,660.061,643.421,215.24
Profit After Tax413.2745.5628.98
Net Worth1,221.98312.21-24.64
Reserves and Surplus371.98-37.79-79.64
Total Borrowing1,098.3992.65977.57
Amount in ₹ Lakhs

About Rappid Valves (India) IPO

    Strength Of Rappid Valves (India) IPO

    Risk Of Rappid Valves (India) IPO

    Objectives Rappid Valves (India) IPO

    1. Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company;
    2. Expenditure for the renovation of the registered office and existing manufacturing unit;
    3. Repayment/prepayment of all or certain of our borrowings availed of by our Company;
    4. Pursuing inorganic growth initiatives through acquisitions and
    5. General corporate purposes.

    Company Contact Details

    Rappid Valves (India) Limited
    Genesis Industrial Complex
    Plot No. 30, Village Kolgaon
    Palghar (East), Thane?401404
    Phone: +91 9321463550
    Email: investors@rapidvalves.net
    Website: https://www.rappidvalves.in/

    Registrar Contact Details

    Name: Link Intime India Private Ltd
    Phone: +91-22-49186200

    Lead Mangers

    1. Shreni Shares Limited

    Market Maker

    1. Rikhav Securities

    Comments