Rulka Electricals Ltd
Price Range
₹223 - ₹235
Min. Quantity
600
Closes on
21 May 2024
Min. investment
₹1,41,000/600 Shares
Rulka Electricals Ltd IPO Timeline
Rulka Electricals Limited was originally incorporated on May 30, 2013 as 'Rulka Electricals Private Limited' with the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Company converted into Public Limited Company and name of Company was changed to 'Rulka Electricals Limited' vide fresh Certificate of Incorporation dated August 02, 2023 issued by the Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| Rulka Electricals Ltd IPO Opening Date | 16 May 2024 |
| Rulka Electricals Ltd IPO Closing Date | 21 May 2024 |
| Basis of Allotment | 22 May 2024 |
| Initiation of Refunds | 23 May 2024 |
| Credit of Shares to Demat | 23 May 2024 |
| Rulka Electricals Ltd IPO Listing Date | 24 May 2024 |
Rulka Electricals Ltd IPO Details
| Rulka Electricals Ltd IPO Date | 16 May 2024 to 21 May 2024 |
| Rulka Electricals Ltd IPO Face Value | ₹10 per share |
| Rulka Electricals Ltd IPO Price | ₹223 to ₹235 per share |
| Rulka Electricals Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹26.4 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹19.8 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹6.6 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rupesh Laxman Kasavkar, Nitin Indrakumar Aher |
Rulka Electricals Ltd IPO Lot Size
The Rulka Electricals Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,41,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,41,000 |
| Maximum | 1 | 600 | ₹1,41,000 |
- Strengths
- Risks
- Opportunities
- Quality Assurance and Standards.
- Existing client relationship.
- Diversified Client Base.
- Scalable Business Model.
- Experienced Management Team.
Company Financials
Rulka Electricals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 41.1 | 71.29 | 6.11 |
| 03-2023 | 28.55 | 46.9 | 2.79 |
| 03-2022 | 19.12 | 36.27 | 1.12 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To Meet Working Capital Requirement
- General Corporate Expenses
Rulka Electricals Ltd IPO Promoter Holding
| Pre Issue Share Holding | 43.13% |
| Post Issue Share Holding | 34.6% |
Rulka Electricals Ltd IPO Subscription Status (Bidding Detail)
The Rulka Electricals Ltd IPO is subscribed 450.5454 times on 21 May 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) | - | - | - | - | 450.5454 |
Rulka Electricals Ltd IPO Prospectus
Rulka Electricals Ltd IPO Listing Date
| Listing Date | 24 May 2024 |
| BSE Script | 92616 |
| NSE Symbol | RULKA |
| Listing In | NSE - SME |
| ISIN | INE0R7301013 |
| IPO Price | ₹235 |
| Face Value | ₹10 |
Company Contact Information
A-20 Shiva Ind.Estate Co LtdLake Rd Nr Tata.Pwr Bhandup W,Mumbai-400078
Phone: +022 4127 6806 /+022 4974 2572
Email: info@replservices.com
Website: www.replservices.com
Rulka Electricals Ltd IPO Registrar
Rulka Electricals Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Rulka Electricals Ltd IPO?
I have pre-applied for Rulka Electricals Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.