Rulka Electricals Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 15-05-2024 | 20-05-2024 | 10 per share | 235 | 600 Shares | NSE SME | 1,123,200 shares (aggregating up to ₹26.40 Cr) | 2024-05-21 18:30:00 | 2024-05-22 18:30:00 | 2024-05-22 18:30:00 | 23-05-2024 |
About The Company
Rulka Electricals IPO is a book built issue of Rs 26.40 crores. The issue is a combination of fresh issue of 8.42 lakh shares aggregating to Rs 19.80 crores and offer for sale of 2.81 lakh shares aggregating to Rs 6.60 crores.
Rulka Electricals IPO opens for subscription on May 16, 2024 and closes on May 21, 2024. The allotment for the Rulka Electricals IPO is expected to be finalized on Wednesday, May 22, 2024. Rulka Electricals IPO will list on NSE SME with tentative listing date fixed as Friday, May 24, 2024.
Rulka Electricals IPO price band is set at ₹223 to ₹235 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹141,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹282,000.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Rulka Electricals IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Rulka Electricals IPO is Sunflower Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 28-02-2024 | 4082 | 6528 | 566 | 1290.15 | 948.55 | 1104.89 |
| 30-03-2023 | 2827 | 4690 | 281 | 280.52 | 546.33 | 527.07 |
| 30-03-2022 | 1919 | 3627 | 112 | 276.82 | 265.82 | 281.46 |
| 30-03-2021 | 982 | 1960 | 54 | 164.74 | 153.74 | 230.99 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 4.62 |
| Non-Institutional Buyers | 27.62 |
| Retail Investors | 52.84 |
| Total | 33.66 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 141000 |
| Retail (Max) | 1 | 600 | 141000 |
| HNI (Min) | 2 | 1200 | 282000 |
IPO Listing Details
| Listing Date | 23-05-2024 |
| BSE Script Code | N/A |
| NSE Symbol | RULKA |
| ISIN | INE0R7301013 |
| Final Issue Price | 235 |
Promoter holdings
Mr. Rupesh Laxman Kasavkar and Mr Nitin Indrakumar Aher
Contact Information of the Company
Rulka Electricals Limited
A - 20, Shiva Industrial Estate Co. Ltd.,
Lake Road, Near Tata Power, Bhandup West
Mumbai City, Mumbai- 400078,
Phone: +022 41276806
Email: info@replservices.com
Website: https://www.replservices.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Mr. Rupesh Laxman Kasavkar and Mr Nitin Indrakumar Aher