Rudra Gas Enterprise Ltd. IPO

Our company is engaged in various facets of the infrastructure sector. We are mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicle. We provide end-to-end solutions for the city gas distribution sector. Our expertise is in pipeline ... construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution. Our services ensure the safe and efficient transportation of vital resources such as Compressed Natural Gas (“CNG”) and Piped Natural Gas (“PNG”). In fiber cable network sector, the company offers services of installations of optical fiber cable and maintenance thereof. Our commitment to reliability and quality makes us a trusted partner in these vital sectors. Our main focus is on delivering projects in a timely manner while upholding the highest standards of safety. We understand the importance of completing projects on schedule, meeting deadlines, and ensuring the well-being of our workforce, stakeholders, and the surrounding communities. Our client base comprises of established players in the city gas distribution industry and telecommunication industry, both in public and private sector. Our Company has grown significantly during the past, under the leadership and guidance of our Promoters, as they hold the technical experience in the gas pipeline infrastructure industry and are the guiding force behind the successful execution of our business strategies over the years. They have successfully implemented strategic business strategies that have shown our growth in the industry. Their extensive technical expertise, industry knowledge, and valuable relationships have been instrumental in driving our success and also give us the competitive advantage to expand our geographical and client presence in existing, while exploring new avenues for growth in future. Their foresightedness and vision have helped us to identify opportunities and capitalize on the same. We have and expect to continue to benefit from their strong industry expertise and relationships with clients. Over the years, we have successfully executed more than 50 projects our major completed projects quantify to approximately ? 12,708 Lakhs. Our execution capabilities have grown significantly with time, both in terms of the size of projects that we bid for and execute, and the number of projects that we execute simultaneously. Our Company has demonstrated a prominent presence in execution of pipeline projects and has developed significant expertise and competencies in this field. Our Company aim to leverage on its strength and continue expansion into sector which will put our Company to desired growth trajectory. We derive our revenue from following two business verticals: a)Gas Pipeline Projects b)Fiber Cable Projects c)Renting of Construction Machineries and vehicles Our services are consistent round the year. We are a quality conscious company. We are constantly striving to expand our service portfolio and we always look forward to complementing projects of our clients. As on October 31, 2023, we have an order book position for execution of approximately ? 32,783 lakhs which are at different stages of implementation and out of which approximately ? 7,571 Lakhs revenue is already booked. Our order book, as of any particular date, consists of the unexecuted portions of our outstanding orders, that is, the total contract value of the existing contracts secured by us, as reduced by the value of work executed and billed until the date of such order book (“Order Book”). Read more

Our Company was originally incorporated as “Rudra Gas Enterprise Private Limited” as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 7, 2015, issued by the Assistant Registrar of Companies, Gujarat. ... Thereafter, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated August 25, 2023 and consequently, the name of our Company was changed from “Rudra Gas Enterprise Private Limited” to “Rudra Gas Enterprise Limited” and a fresh certificate of incorporation dated September 4, 2023 was issued to our Company by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U40104GJ2015PLC084419.

GLOBAL OUTLOOK

The global economy remains in a precarious state amid the protracted effects of the overlapping negative shocks of the pandemic, the Russian Federation’s invasion of Ukraine, and the sharp tightening of monetary policy to contain high inflation. Global financial ... conditions have tightened as a result of policy rate hikes and, to a lesser extent, recent bouts of financial instability. Energy prices have eased considerably since their peak in 2022 on account of weaker global growth prospects and a warmer-than-expected Northern winter, which reduced natural gas and electricity consumption. Metal prices increased in early 2023, reflecting signs of a stronger-than anticipated recovery in China, but subsequently retraced those gains. Pressures on global supply chains have abated as goods demand has weakened and global shipping conditions have improved. Energy prices have eased considerably since their peak in the third quarter of 2022. A warmer-than expected northern hemisphere winter reduced natural gas and electricity consumption, especially in Europe. Energy prices could be lower if global demand is weaker than expected. In this respect, prospects in China play a particularly important role, as it is expected to account for more than half of the increase in global oil demand in 2023. On the upside, risks to the price forecast relate to a lack of expansion in U.S. oil production, low levels of spare capacity among OPEC members, and to the possibility that the cartel may decide to cut output further. (Source: Global Economic Prospects June 2023) INDIAN ECONOMY: Global economic recovery was well on track until the Russia-Ukraine conflict broke out in February 2022. The conflict has now continued for almost a year, disrupting the restoration of the supply chains disrupted earlier by lockdowns and limited trade traffic. In the last eleven months, the world economy has faced almost as many disruptions as caused by the pandemic in two years. The conflict caused the prices of critical commodities such as crude oil, natural gas, fertilisers, and wheat to soar. This strengthened the inflationary pressures that the global economic recovery had triggered, backed by massive fiscal stimuli and ultra-accommodative monetary policies undertaken to limit the output contraction in 2020. Inflation in Advanced Economies (AEs), which accounted for most of the global fiscal expansion and monetary easing, breached historical highs. Rising commodity prices also led to higher inflation in the Emerging Market Economies (EMEs), which otherwise were in the lower inflation zone by virtue of their governments undertaking a calibrated fiscal stimulus to address output contraction in 2020. (Sources: Economic Survey 2023) INFRASTRUCTURE Summary 1.HIGH BUDGETARY ALLOCATION FOR INFRASTRUCTURE 2.INCREASING PRIVATE SECTOR INVOLVEMENT 3.IMPROVEMENT IN LOGISTICS REAL ESTATE SECTOR: Summary •In India, the real estate sector is the second-highest employment generator, after the agriculture sector. •Real estate sector in India is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13% to the country’s GDP. •Rapid urbanisation bodes well for the sector. The number of Indians living in urban areas is expected to reach 542.7 million by 2025 and 675.5 million by 2035. •Construction is the third-largest sector in terms of FDI inflow. FDI in the sector (including construction development & activities) stood at US$ 55.50 billion from April 2000-December 2022. •Home sales across top eight cities in India surged 68% YoY to reach ~308,940 units in 2022, signifying a healthy recovery in the sector. India’s IT market size growing •The cloud market in India is expected to grow three-fold to US$ 7.1 billion by 2022 with the help of growing adoption of big data, analytics, artificial intelligence and Internet of Things (IoT), according to Cloud Next Wave of Growth in India report. •Spending on information technology in India is expected to reach US$ 144 billion in 2023. •In November 2021, Mr. Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, lauded the Indian IT sector for excelling its competitive strength with zero government interference. He further added that service exports from India had the potential to reach US$ 1 trillion by 2030. •India’s digital economy is estimated to reach US$ 1 trillion by 2025. Strong growth in IT exports •According to STPI (Software Technology Park of India), software exports by the IT companies connected to it stood at ? 1.20 lakh crore (US$ 16.29 billion) in the first quarter of FY22. •In August 2021, the Minister of Electronics and Information Technology, Skill Development and Entrepreneurship, Mr. Rajeev Chandrasekhar, announced that the IT export target is set at US$ 400 billion for March 2022. In addition, the central government plans to focus on areas such as cybersecurity, hyper-scale computing, artificial intelligence and blockchain. •Exports from the Indian IT industry are expected to be around US$ 178 billion in FY22. Read more