Rappid Valves India Ltd IPO
Price Range
₹210 - ₹222
-
Min. Quantity
600 Shares
Closes on
25 September 2024
-
Min. investment
₹1,33,200
Rappid Valves India Ltd IPO Timeline
| Event | Date |
|---|---|
| Rappid Valves India Ltd IPO Opening Date | 23 September 2024 |
| Rappid Valves India Ltd IPO Closing Date | 25 September 2024 |
| Basis of Allotment | 26 September 2024 |
| Initiation of Refunds | 27 September 2024 |
| Credit of Shares to Demat | 27 September 2024 |
| Rappid Valves India Ltd IPO Listing Date | 30 September 2024 |
Rappid Valves India Ltd IPO Details
| Rappid Valves India Ltd IPO Date | 23 September 2024 to 25 September 2024 |
| Rappid Valves India Ltd IPO Face Value | ₹10 per share |
| Rappid Valves India Ltd IPO Price | ₹210 to ₹222 per share |
| Rappid Valves India Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.41 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.41 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Gaurav Vijay Dalal |
Rappid Valves India Ltd IPO Lot Size
The Rappid Valves India Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,33,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,33,200 |
| Maximum | 1 | 600 | ₹1,33,200 |
- Strengths
- Risks
- Opportunities
- Wide range of our products.
- Well established relationship with clients.
- Leveraging the experience of our Promoter.
- Strong Marketing Practices.
- Good Standing in Marine Industry.
Company Financials
Rappid Valves India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 60.25 | 52.34 | 6.04 |
| 03-2024 | 29.96 | 36.6 | 4.13 |
| 03-2023 | 16.57 | 16.43 | 0.46 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the capital exp for purchase of new Plant & Machinery and Software by the company
- Expenditure for renovation of registred office and existing mfg unit
- Repayment/prepayment of all or certain of its borrowings availed of by the company
- General corporate purposes
- Pursuing inorganic growth initiatives through acquisitions
Rappid Valves India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 64.55% |
| Post Issue Share Holding | 47.52% |
Rappid Valves India Ltd IPO Subscription Status (Bidding Detail)
The Rappid Valves India Ltd IPO is subscribed 163.6334 times on 25 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 163.6334 |
Rappid Valves India Ltd IPO Prospectus
Rappid Valves India Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0MVO01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Genesis Ind.Cmplx. Plot No.30Village Kolgaon Palghar (East),Thane-401404
Phone: +91 93214 63550
Email: investors@rapidvalves.net
Website: www.rappidvalves.in
Rappid Valves India Ltd IPO Registrar
Rappid Valves India Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
How to Check the Allotment Status of Rappid Valves India Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Rappid Valves India Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Rappid Valves India Ltd IPO
Rappid Valves India Limited was originally formed as a Private Limited Company as 'Rapid Valves (India) Private Limited' with the Registrar of Companies, Mumbai on May 24, 2002. Subsequently, the Company changed its name to 'Rappid Valves (India) Private Limited' on February 10, 2009. Subsequently, the Company's status changed to Public Limited and the name was changed to 'Rappid Valves (India) Limited' on January 31, 2024. The fresh Certificate of Incorporation was issued on June 20, 2024 by the Registrar of Companies, Mumbai.