Rappid Valves (India) Limited IPO
NSE SMEClosed
Sep 23, 2024Open Date
Sep 25, 2024Close Date
TBAAllotment Date
Sep 30, 2024Listing Date
Subscription Details
View Subscription DetailsRetail109.09x
QIB / NII0.00x
Overall Subscription
Total Bids Received
176.14x
Updated: 10 Jul, 06:09 pm
Rappid Valves (India) Limited IPO Issue Details
Issue Price₹210-222 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share13,69,800 shares(aggregating up to ₹30.41 crore)
Listing AtNSE SME
Listing DateSep 30, 2024
RegistrarLink Intime India Private Ltd
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 1,95,600 | 14.28% |
| QIB | 2,59,800 | 18.97% |
| Anchor | 3,89,400 | 28.43% |
| Market Maker | 69,600 | 5.08% |
Company Information
In 2002, Rappid Valves (India) Limited mainly focuses on valve solution manufacturing.The firm manufactures different valves: ball, gate, globe, butterfly, check, double block, filter, and marine. The...
Valuations
EPS (Pre-IPO)
10.81
EPS (Post-IPO)
7.96
P/E (Pre-IPO)
20.53
P/E (Post-IPO)
27.89
RoNW
33.82%
PAT Margin
11.32%
P/B Value
24.89
Objectives of the Issue
- 1Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company
- 2Expenditure for the renovation of the registered office and existing manufacturing unit
- 3Repayment/prepayment of all or certain of our borrowings availed of by our Company
- 4Pursuing inorganic growth initiatives through acquisitions
- 5General corporate purposes.
Rappid Valves (India) Limited – Promoter(s)
Mr. Gaurav Vijay Dalal
Contact Details
Corporate Office
Genesis Industrial Complex, Plot No. 30, Village Kolgaon, Palghar (East), Thane–401404
Registrar Contact
Link Intime India Private Ltd
Frequently Asked Questions — Rappid Valves (India) Limited IPO
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