Rudra Gas Enterprise Limited IPO
Rudra Gas Enterprise Limited IPO bidding starts from February 8, 2024 and ends on February 12, 2024. The allotment for the Rudra Gas Enterprise Limited IPO is expected to be finalized on February 13, 2024. Rudra Gas Enterprise Limited IPO will list on BSE SME with tentative listing date fixed as February 15, 2024. Rudra Gas Enterprise Limited IPO price band is set at ₹63 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1,26,000.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 8, 2024 |
Close Date:- | February 12, 2024 |
Allotment Date:- | February 13, 2024 |
Listing Date:- | February 15, 2024 |
About Rudra Gas Enterprise Limited :-
Established in 2015, Rudra Gas Enterprise Limited is actively engaged in several sectors, including gas distribution networks, fiber cable networks, construction equipment, and vehicle rental. The company specializes in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks. Additionally, it offers services for fiber optic cable installation and maintenance.
Rudra Gas Enterprise Limited operates in three primary business segments. Firstly, it undertakes gas pipeline projects, which encompass laying pipelines for city gas distribution, constructing associated facilities such as CNG stations, and providing operation and maintenance services to city gas distribution companies. Secondly, the company is involved in fiber optic cable projects, developing specialized cables for data transmission using light signals. Lastly, it provides rental services for construction machinery and vehicles, catering to subcontractors for specific projects.
The company's clientele comprises entities in the city gas distribution and telecommunications sectors, serving both public and private companies.
As of October 31, 2023, Rudra Gas Enterprise Limited had a workforce of 512 permanent employees.
Contact Details :-
Address:- Rudra Gas Enterprise Limited B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot, Sola, Ahmedabad-380060
Phone:- +91 98751 39472
E-mail:- cs@rudragasenterprise.com
Website:- https://www.rudragasenterprise.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹63 |
Lot Size:- | 2000 |
Minimum Amount for 1 Lot:- | ₹1,26,000 |
Listing At:- | BSE SME |
Total issue of Shares:- | 22,48,000 |
Total issue Size:- | ₹14.16 Crore |
Fresh issue of Shares:- | 22,48,000 |
Fresh issue Size:- | ₹14.16 Crore |
Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 4,345.39 | 3,380.56 | 2,804.92 | 1,960.50 |
Revenue | 3,446.81 | 4,957.02 | 4,395.95 | 2,816.96 |
Profit After Tax | 247.41 | 352.02 | 179.41 | 127.05 |
Net Worth | 1,149.10 | 798.50 | 446.48 | 267.07 |
Reserves and Surplus | 540.10 | 773.50 | 421.48 | 242.07 |
Total Borrowing | 1,990.15 | 1,738.34 | 1,379.98 | 1,008.22 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 52 |
ROE:- | 57% |
ROCE:- | 25% |
Debt/Equity:- | 2.18 |
RoNW:- | 44.09% |
IPO Registrar :-
Name:- Link Intime India Private Ltd
Website:- https://linkintime.co.in/initial_offer/public-issues.html
IPO Prospectus :-
Particulars | Link |
---|---|
Rudra Gas Enterprise Limited IPO DHRP:- | Click Here |
Rudra Gas Enterprise Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
08-02-2024 | ₹40 | ₹103 | 63.49% |
09-02-2024 | ₹43 | ₹106 | 68.25% |
10-02-2024 | ₹43 | ₹106 | 68.25% |
11-02-2024 | ₹43 | ₹106 | 68.25% |
12-02-2024 | ₹50 | ₹113 | 79.37% |
13-02-2024 | ₹50 | ₹113 | 79.37% |
14-02-2024 | ₹57 | ₹120 | 90.48% |
15-02-2024 | ₹57 | ₹120 | 90.48% |
Subscription Details :-
Date | Retail | Other | Total |
---|---|---|---|
February 8, 2024 | 31.66 | 6.05 | 18.87 |
February 9, 2024 | 116.64 | 26.26 | 71.51 |
February 12, 2024 | 404.38 | 286.62 | 350.75 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on February 13, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | February 15, 2024 |
BSE Script Code:- | 544121 |
ISIN:- | INE0OYK01010 |
Final Issue Price:- | ₹63.00 |
Open:- | ₹119.70 |
Low:- | ₹119.70 |
High:- | ₹125.68 |
Close:- | ₹125.68 |
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