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Rappid Valves (India) Ltd

Rappid Valves (India) Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹222
₹222
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹222
Based on GMP
Min. Investment
₹133,200
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Sep 2024
Close Date
25 Sep 2024
Allotment
26 Sep 2024
Listing Date
30 Sep 2024
Exchange
NSE SME
Price Band
₹222
Listing Price
See chart
Allotment Status
Price Band
₹222
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
13,69,800 shares (aggregating up to ₹30.41 Cr
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹133,200
1 lot
Pre-IPO Holding
38,22,184 shares
Promoters
Post-IPO Holding
51,91,984 shares
Promoters
P/E (Pre)
20.53x
 
P/E (Post)
27.89x
 
EPS (Pre)
₹10.81
 
EPS (Post)
₹7.96
 
UPI Deadline
2024-09-25
Mandate
Anchor AllotmentSun, 22 Sep 2024
Basis of AllotmentThu, 26 Sep 2024
Refund InitiationFri, 27 Sep 2024
Demat CreditFri, 27 Sep 2024
Listing DayMon, 30 Sep 2024
UPI Mandate Deadline2024-09-25
Sale TypeFresh Capital
Net Offer to Public13,00,200 shares (aggregating up to ₹28.86 Cr)
Market Maker Quota69,600 shares (aggregating up to ₹1.55 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rappid Valves (India) Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
69,600
₹1.55
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,369,800
100% ₹30.41
IPO Shares Offered
Rappid Valves (India) Ltd IPO total issue size: ₹30.41 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 69,600 ₹1.55
5.08%
Total 1,369,800 ₹30.41
100.00%
* Based on upper price band ₹222 per share
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹222.00
Upper Band
Min Investment
₹133,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹266,400
Retail (Max — 13 Lots)137,800₹1,731,600
S-HNI (Min — 14 Lots)148,400₹1,864,800
B-HNI (Min — 68 Lots)6840,800₹9,057,600
* Issue Price ₹222 × Lot Size 600 shares
IPO Schedule
Anchor
22 Sep 2024
✓ Done
IPO Open
23 Sep 2024
✓ Done
IPO Close
25 Sep 2024
✓ Done
Allotment
26 Sep 2024
✓ Done
Refunds
27 Sep 2024
✓ Done
Demat Credit
27 Sep 2024
✓ Done
Listing Day
30 Sep 2024
✓ Done
Rappid Valves (India) Ltd — Live Price LIVE
₹222.00
INR · NSE
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Issue ₹222.00 Live Price
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 StrengthsExperienced and dedicated key management personnelFocus on Innovative and new productsSolid knowledge base of Marine IndustriesUpgradation and expansion of manufacturing capabilitiesExpanding 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.
Objects of the Issue
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.
Rappid Valves (India) Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹1,215.2
31 Mar 2022
₹1,643.4
31 Mar 2023
₹3,660.1
31 Mar 2024
Profit After Tax (PAT)
₹29.0
31 Mar 2022
₹45.6
31 Mar 2023
₹413.3
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 3660.06 1643.42 1215.24
EBITDA N/A N/A N/A
Profit After Tax (PAT) 413.27 45.56 28.98
Net Worth 1221.98 312.21 -24.64
Total Assets 2994.41 1656.75 1217.60
Reserves & Surplus 371.98 -37.79 -79.64
Borrowings 1098.30 992.65 977.57
EBITDA Margin (%) 24.89
PAT Margin (%) 11.32%
RoE
53.88%
RoCE
29.88%
RoNW
33.82%
PAT Margin
11.32%
EBITDA Margin
24.89
Debt/Equity
0.90
Issue Structure & Shareholding
Total Shares Offered13,69,800 (100.00%)
Net Offer to Public13,00,200 shares (aggregating up to ₹28.86 Cr)
Reserved for Market Maker69,600 shares (aggregating up to ₹1.55 Cr)
Pre-Issue Promoter Holding38,22,184 shares
Post-Issue Promoter Holding51,91,984 shares
P/BV RatioN/A
RoE53.88%
RoCE29.88%
Debt / Equity0.90
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Shreni Shares Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rappid Valves (India) Ltd IPO subscribed?

Rappid Valves (India) Ltd IPO is subscribed 1.00 times by Sep 25, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rappid Valves (India) Ltd IPO retail subscription status?

The Rappid Valves (India) Ltd IPO retail category is subscribed 1.00 times as of 25 Sep 2024. The retail portion is oversubscribed.

How to subscribe Rappid Valves (India) Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2024 and closes 25 Sep 2024. Min investment: ₹133,200 (1 lot = 600 shares). UPI mandate: 2024-09-25.

How many times Rappid Valves (India) Ltd IPO subscribed?

The Rappid Valves (India) Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rappid Valves (India) Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Sep 2024. Refunds: on 27 Sep 2024.

When Rappid Valves (India) Ltd IPO will be listed?

The Rappid Valves (India) Ltd IPO listing date is 30 Sep 2024, Monday. Listed on: NSE SME. Issue price: ₹222. Estimated listing: ₹222. GMP: NIL.

When Rappid Valves (India) Ltd IPO close?

The Rappid Valves (India) Ltd IPO closes on 25 Sep 2024, Wednesday. UPI mandate: 2024-09-25. Allotment: 26 Sep 2024. Listing: 30 Sep 2024.