IPO

Rulka Electricals Ltd. IPO

Rulka Electricals Ltd., established in 2013, operates in the Project Consultancy/Turnkey sector. The company's IPO opened on May 16, 2024 and closed on May 21, 2024, with an issue price of ₹235. The ... Read more

Min Investment
₹ 1,41,000 / 600 shares
Price Range
₹223 - ₹ 235
Bidding Dates
16 May '24 - 21 May '24
Total Issue Value
26.40 Cr
Lot Size
600
Total Issue Size
26.40 Cr
Listing At
NSE SME
Subscription
452.30 times
NSE Price
285.30 (21.4%)

IPO Timeline

  • 16 May 2024
    Bidding Starts
  • 21 May 2024
    Bidding Ends
  • 22 May 2024
    Allotment Finalization
  • 24 May 2024
    Listing

About Rulka Electricals Ltd.

Our company is in business of turn key projects contractor engaged in offering solutions for all types of Electrical & Fire Fighting Turnkey Projects. Our company offers wide range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing ... Read more

Parent organisation
Founded
Rulka Electricals Ltd.
2013

Rulka Electricals Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 3,19,200 (28.42%)
Market Makers 56,400 (5.02%)
Non Institutional Investors 1,60,200 (14.26%)
Qualified Institutional Buyers (QIBs) 2,13,600 (19.02%)
Retail Individual Investors (RIIs) 3,73,800 (33.28%)

Rulka Electricals Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 71.29 Cr 6.11 Cr 9.89 Cr
31 Mar 2023 46.90 Cr 2.81 Cr 5.46 Cr
31 Mar 2022 36.27 Cr 1.12 Cr 2.66 Cr

Rulka Electricals Ltd. Background

Major Events And Milestones
  • 2014
    Incorporation of the Company in the name and style of “Rulka Electricals Private Limited”
  • 2024
    Converted into Public Limited Company vide fresh certificate of incorporation dated August 2, 2023.
Rulka Electricals Ltd. Object of Issues

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. Public Issue Expenses

Rulka Electricals Ltd. IPO Listing Details
Listing Date
24 May 2024
NSE Symbol
RULKA
ISIN
INE0R7301013
Final Issue Price
₹ 235
Rulka Electricals Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 235.00
Open - ₹ 525.00
Low - ₹ 498.75
High - ₹ 551.25
Last Trade - ₹ 498.75
Rulka Electricals Ltd. Company Promoters

1. Mr. Nitin Indrakumar Aher
2. Mr. Rupesh Laxman Kasavkar

Industry Overview

India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 416.59 GW as of April 30, 2023. Growing population along with increasing electrification and per-capita usage will provide further impetus. Power consumption in India in FY23 logged a ... Read more

Rulka Electricals Ltd. Contact Details
Address: A-20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West, Mumbai Maharashtra - 400078
Phone no:41276806
41276806
|
Rulka Electricals Ltd. IPO Registrar
Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Rulka Electricals Ltd. IPO Lead Manager(s)
Beeline Capital Advisors Pvt. Ltd.
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054
48407357

FAQs

When does Rulka Electricals Ltd. IPO opens and closes?

Rulka Electricals Ltd. IPO opens from 16th May to 21st May 2024.

What is the size of Rulka Electricals Ltd. IPO?

The size of the Rulka Electricals Ltd. IPO is ₹26.40 Cr.

What is the price range of Rulka Electricals Ltd. IPO?

The price range of Rulka Electricals Ltd. IPO is at ₹223 to ₹235 per share.

What is the minimum investment and lot size required for the Rulka Electricals Ltd. IPO?

The minimum investment required is ₹1,41,000 and minimum lot size is 600 shares.

When is Rulka Electricals Ltd. IPO listing date?

The Rulka Electricals Ltd. IPO will be listed on 24th May 2024.

What is the objective of Rulka Electricals Ltd. IPO?

1. To Meet Working Capital Requirement
2. General Corporate Expenses
3. Public Issue Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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