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Rappid Valves (India) Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹222
Issue Price
₹222
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹222
GMP based
Lot Size
600
shares / lot
Min Amount
₹133,200
1 lot · 600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Sep 2024
Mon Completed
Done
Close Date
25 Sep 2024
Wed Completed
Done
Allotment
26 Sep 2024
Thu Completed
Done
Refund
27 Sep 2024
Fri Completed
Done
Demat Credit
27 Sep 2024
Fri Completed
Done
Listing Date
30 Sep 2024
Mon Completed
UPI Deadline: 25 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹222 Face ₹10
Lot Size
600 shares
Min Investment
₹133,200
Total Issue Size
13,69,800 shares (aggregating up to ₹30.41 Cr
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
69,600 (5.08%)
QIB Portion
6,49,200 (47.39%)
NII / HNI
1,95,600 (14.28%)
Retail
4,55,400 (33.25%)
Employee
-
Net Offer to Public
13,00,200 shares (aggregating up to ₹28.86 Cr)
Shareholding Pattern
Pre-Issue Shareholding
38,22,184 shares
Post-Issue Shareholding
51,91,984 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 600 ₹1,33,200
HNI / NII 2 1200 ₹2,66,400
Objects of Issue
5 objectives
1
Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company;
2
Expenditure for the renovation of the registered office and existing manufacturing unit;
3
Repayment/prepayment of all or certain of our borrowings availed of by our Company;
4
Pursuing inorganic growth initiatives through acquisitions and
5
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd
Market Maker
Rikhav Securities Ltd.
IPO Timeline
Open
23 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
26 Sep
✓ Done
Listing
30 Sep
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
rappidvalves.smeipo@Linkintime.co.in
Company Contact
Email
investors@rapidvalves.net
Phone
+91 9321463550
Address
Genesis Industrial Complex Plot No. 30, Village Kolgaon Palghar (East), Thane Mumbai, Maharashtra, 401404
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹222
Est. Listing
₹222
Lot Size
600 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
Rappid Valves (India) Ltd LIVE
INR ·
vs Issue
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹222
GMP
+₹0 (+0%)
GMP Est. Listing
₹222
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)*
QIB 6,49,200 (47.39%) ₹1,441.23 Cr
NII / HNI (Total) 1,95,600 (14.28%) ₹434.23 Cr
Retail Investors 4,55,400 (33.25%) ₹1,010.99 Cr
Total ** 13,69,800 (100.00%) ₹30,409.56 Cr
Market Maker * 69,600 (5.08%) ₹15.45 Cr
* Based on ₹222.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
6,49,200 (47.39%)
NII
1,95,600 (14.28%)
Retail
4,55,400 (33.25%)
Market Maker
69,600 (5.08%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue3660.061643.421215.24
PAT413.2745.5628.98
EBITDA
Net Worth1221.98312.21-24.64
Total Assets2994.411656.751217.60
Reserves371.98-37.79-79.64
Borrowings1098.30992.65977.57
Key Financial Ratios
53.88%
ROE
Return on Equity
29.88%
ROCE
Return on Capital Employed
33.82%
RONW
Return on Net Worth
11.32%
PAT Margin
PAT / Revenue
24.89
EBITDA Mgn
EBITDA / Revenue
0.90
D/E Ratio
Debt to Equity
10.81
Pre EPS
EPS Pre-Issue
7.96
Post EPS
EPS Post-Issue
20.53
Pre P/E
P/E Pre-Issue
27.89
Post P/E
P/E Post-Issue
About Rappid Valves (India) Ltd

Incorporated in 2002, Rappid Valves (India) Limited primarily engages in the manufacturing of Valve solutions.

The company offers various valves, including ball, gate, globe, butterfly, check, double block, filter, and marine valves. These valves are made using ferrous and non-ferrous materials and come in sizes ranging from 15mm to 600mm to meet diverse requirements.

The company's manufacturing unit is equipped with a comprehensive range of standard machinery, including conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment, supporting a seamless manufacturing process.

The Company has also obtained various quality certifications, such as ISO 9001:2015, 14001:2015, and ISO 45001:2018.

Competitive Strengths

  • Experienced and dedicated key management personnel
  • Focus on Innovative and new products
  • Solid knowledge base of Marine Industries
  • Upgradation and expansion of manufacturing capabilities
  • Expanding geographical reach by establishing sales offices in Dahej, Ahmedabad, Pune, and Noida.
  • Technologically advanced manufacturing facility needed for valve production.
  • Significantly expert personnel with an engineering background.

As of, June 30, 2024, the company had employed 47 personnel at its Manufacturing Plant and Registered Office.

Frequently Asked Questions
What is the issue price of Rappid Valves (India) Ltd IPO?
The issue price of Rappid Valves (India) Ltd IPO is ₹222 per share, face value ₹10.
What is the lot size?
Minimum lot size is 600 shares, requiring ₹133,200.
What are the IPO dates?
Opens 23 Sep 2024, closes 25 Sep 2024.
When is the listing date?
Tentative listing: 30 Sep 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹222 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Rappid Valves (India) Ltd IPO · Expected 26 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
26 Sep 2024
Refund Initiation
27 Sep 2024
Demat Credit
27 Sep 2024
Listing Date
30 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹222
Face ₹10
Lot Size
600
shares / lot
Min Amount
₹133,200
1 lot
Est. Listing
₹222
GMP +₹0
Key Dates
Open
23 Sep Done
Close
25 Sep Done
Listing
30 Sep Done
Registrar
MUFG Intime India Pvt.Ltd.
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