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Rudra Gas Enterprise Ltd IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹63
Issue Price
₹63
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹63
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹126,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
08 Feb 2024
Thu Completed
Done
Close Date
12 Feb 2024
Mon Completed
Done
Allotment
13 Feb 2024
Tue Completed
Done
Refund
14 Feb 2024
Wed Completed
Done
Demat Credit
14 Feb 2024
Wed Completed
Done
Listing Date
15 Feb 2024
Thu Completed
UPI Deadline: 12 Feb 2024
Issue Details
Pricing & Size
Issue Price
₹63 Face ₹10
Lot Size
2,000 shares
Min Investment
₹126,000
Total Issue Size
22,48,000 shares (aggregating up to ₹14.16 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,16,000 (5.16%)
QIB Portion
-
NII / HNI
10,66,000 (47.42%)
Retail
10,66,000 (47.42%)
Employee
-
Net Offer to Public
21,32,000 shares (aggregating up to ₹13.43 Cr)
Shareholding Pattern
Pre-Issue Shareholding
60,90,000 shares
Post-Issue Shareholding
83,38,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,26,000
HNI / NII 2 4,000 ₹2,52,000
Objects of Issue
2 objectives
1
To Meet Working Capital Requirements
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Spread X Securities Pvt.Ltd
IPO Timeline
Open
08 Feb
✓ Done
Close
12 Feb
✓ Done
Allotment
13 Feb
✓ Done
Listing
15 Feb
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
rudragas@linkintime.co.in
Company Contact
Email
cs@rudragasenterprise.com
Phone
+91 98751 39472
Address
B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot, Sola, Ahmedabad-380060 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹63
Est. Listing
₹63
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Rudra Gas Enterprise Ltd LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹63
GMP
+₹0 (+0%)
GMP Est. Listing
₹63
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 10,66,000 (47.42%) ₹671.58 Cr
Retail Investors 10,66,000 (47.42%) ₹671.58 Cr
Total ** 22,48,000 (100.00%) ₹14,162.40 Cr
Market Maker * 1,16,000 (5.16%) ₹7.31 Cr
* Based on ₹63.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
10,66,000 (47.42%)
Retail
10,66,000 (47.42%)
Market Maker
1,16,000 (5.16%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Oct 202331 Mar 202331 Mar 2022
Revenue3446.814957.024395.95
PAT247.41352.02179.41
EBITDA
Net Worth1149.10798.50446.48
Total Assets4345.393380.562804.92
Reserves540.10773.50421.48
Borrowings1990.151738.341379.98
Key Financial Ratios
57%
ROE
Return on Equity
25%
ROCE
Return on Capital Employed
44.09%
RONW
Return on Net Worth
2.18
D/E Ratio
Debt to Equity
4.14
P/BV
Price to Book Value
5.78
Pre EPS
EPS Pre-Issue
5.09
Post EPS
EPS Post-Issue
10.9
Pre P/E
P/E Pre-Issue
12.39
Post P/E
P/E Post-Issue
About Rudra Gas Enterprise Ltd

Rudra Gas Enterprise Limited was founded in 2015 and is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.

The company provides services in the fields of pipeline construction, civil works, and operation and maintenance of pipeline networks in city gas distribution. The company also provides services for the installation of fiber optic cables and their maintenance.

The company has three business verticals:

  1. Gas pipeline projects: These include the laying of pipelines for the distribution of city gas network and the construction of associated facilities such as CNG (compressed natural gas) stations, the construction, installation, testing, and commissioning of underground pipelines, maintenance, and repair facilities, the construction and installation of gas stations and their physical infrastructure such as pipelines, valves and stations required to carry out the works in accordance with the scope and specifications of the project. The company also provides comprehensive operation and maintenance services to city gas distribution companies(CGD).
  2. Fiber optic cable projects: This involves the development of special cables for the transmission of data using light signals.
  3. Rental of construction machinery and vehicles: This includes the rental of construction machinery and vehicles to subcontractors for specific projects.

The company's customers include companies in the city gas distribution and telecommunications sectors, both in the public and private sectors.

As of October 31, 2023, the company had 512 permanent employees on the payroll of the company.

Frequently Asked Questions
What is the issue price of Rudra Gas Enterprise Ltd IPO?
The issue price of Rudra Gas Enterprise Ltd IPO is ₹63 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹126,000.
What are the IPO dates?
Opens 08 Feb 2024, closes 12 Feb 2024.
When is the listing date?
Tentative listing: 15 Feb 2024 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹63 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Rudra Gas Enterprise Ltd IPO · Expected 13 Feb 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
13 Feb 2024
Refund Initiation
14 Feb 2024
Demat Credit
14 Feb 2024
Listing Date
15 Feb 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹63
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹126,000
1 lot
Est. Listing
₹63
GMP +₹0
Key Dates
Open
08 Feb Done
Close
12 Feb Done
Listing
15 Feb Done
Registrar
MUFG Intime India Pvt.Ltd
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