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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended31 Oct 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets4,345.39 3,380.562,804.921,960.50
Revenue3,446.814,957.024,395.952,816.96
Profit After Tax247.41352.02179.41127.05
Net Worth1,149.10798.50446.48267.07
Reserves and Surplus540.10773.50421.48242.07
Total Borrowing1,990.151,738.341,379.981,008.22

Key Performance Indicator :-

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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 :-

ParticularsLink
Rudra Gas Enterprise Limited IPO DHRP:-Click Here
Rudra Gas Enterprise Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
08-02-20244010363.49%
09-02-2024 4310668.25%
10-02-2024 4310668.25%
11-02-2024 4310668.25%
12-02-2024 5011379.37%
13-02-20245011379.37%
14-02-2024 5712090.48%
15-02-20245712090.48%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 8, 202431.6618.87
February 9, 2024116.6471.51
February 12, 2024404.38350.75

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 13, 2024)Click Here

Listing Details :-

ParticularsValue
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

Rudra Gas Enterprise Limited IPO FAQ :-

What is the opening date for Rudra Gas Enterprise Limited IPO?

The Rudra Gas Enterprise Limited IPO opens on February 8, 2024.

What is the closing date for Rudra Gas Enterprise Limited IPO?

The Rudra Gas Enterprise Limited IPO closes on February 12, 2024.

When will the shares be allotted for Rudra Gas Enterprise Limited IPO?

Shares of Rudra Gas Enterprise Limited IPO will be allotted on February 13, 2024.

What is the listing date for Rudra Gas Enterprise Limited IPO?

The listing date for Rudra Gas Enterprise Limited IPO is February 15, 2024.

What is the price/ price range for Rudra Gas Enterprise Limited IPO?

The price/ price range for Rudra Gas Enterprise Limited IPO is ₹63.

What is the minimum lot size for the Rudra Gas Enterprise Limited IPO?

The minimum lot size for Rudra Gas Enterprise Limited IPO is 2000 shares.

What is the minimum investment required for retail investors in the Rudra Gas Enterprise Limited IPO?

The minimum investment required for retail investors in the Rudra Gas Enterprise Limited IPO is ₹1,26,000.

What type of IPO is the Rudra Gas Enterprise Limited IPO?

The type of Rudra Gas Enterprise Limited IPO is SME.

What is the total issue size of the Rudra Gas Enterprise Limited IPO?

The total issue size of Rudra Gas Enterprise Limited IPO is ₹14.16 Crore.

How many shares are being offered in the Rudra Gas Enterprise Limited IPO?

Total 22,48,000 shares are being offered in the Rudra Gas Enterprise Limited IPO.

What is the face value of Rudra Gas Enterprise Limited IPO share?

The face value of Rudra Gas Enterprise Limited IPO share is ₹10.

What is the market capitalization of the Rudra Gas Enterprise Limited IPO?

The market capitalization of the Rudra Gas Enterprise Limited IPO is ₹52.53 Crore.

Who is the registrar for the Rudra Gas Enterprise Limited IPO?

The registrar for the Rudra Gas Enterprise Limited IPO is Link Intime India Private Ltd.

Where can I check the IPO Allotment status for Rudra Gas Enterprise Limited IPO?

You can check the IPO Allotment status for Rudra Gas Enterprise Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.

What is the email address and website of Rudra Gas Enterprise Limited IPO?

The email address of Rudra Gas Enterprise Limited IPO is cs@rudragasenterprise.com and website is https://www.rudragasenterprise.com/.

What is the Rudra Gas Enterprise Limited IPO GMP (Grey Market Premium) as of 15-02-2024?

The latest GMP for Rudra Gas Enterprise Limited IPO is ₹57 as of 15-02-2024.