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Rudra Gas Enterprise Ltd

Rudra Gas Enterprise Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹63
₹63
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹63
Based on GMP
Min. Investment
₹126,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Feb 2024
Close Date
12 Feb 2024
Allotment
13 Feb 2024
Listing Date
15 Feb 2024
Exchange
BSE SME
Price Band
₹63
Listing Price
See chart
Allotment Status
Price Band
₹63
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
22,48,000 shares (aggregating up to ₹14.16 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹126,000
1 lot
Pre-IPO Holding
60,90,000 shares
Promoters
Post-IPO Holding
83,38,000 shares
Promoters
P/E (Pre)
10.9x
 
P/E (Post)
12.39x
 
EPS (Pre)
₹5.78
 
EPS (Post)
₹5.09
 
UPI Deadline
2024-02-12
Mandate
Anchor AllotmentWed, 07 Feb 2024
Basis of AllotmentTue, 13 Feb 2024
Refund InitiationWed, 14 Feb 2024
Demat CreditWed, 14 Feb 2024
Listing DayThu, 15 Feb 2024
UPI Mandate Deadline2024-02-12
Sale TypeFresh Capital
Net Offer to Public21,32,000 shares (aggregating up to ₹13.43 Cr)
Market Maker Quota1,16,000 shares (aggregating up to ₹0.7308 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rudra Gas Enterprise Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Feb 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
116,000
₹0.73
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,248,000
100% ₹14.16
IPO Shares Offered
Rudra Gas Enterprise Ltd IPO total issue size: ₹14.16 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 116,000 ₹0.73
5.16%
Total 2,248,000 ₹14.16
100.00%
* Based on upper price band ₹63 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹63.00
Upper Band
Min Investment
₹126,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹252,000
Retail (Max — 13 Lots)1326,000₹1,638,000
S-HNI (Min — 14 Lots)1428,000₹1,764,000
B-HNI (Min — 68 Lots)68136,000₹8,568,000
* Issue Price ₹63 × Lot Size 2,000 shares
IPO Schedule
Anchor
07 Feb 2024
✓ Done
IPO Open
08 Feb 2024
✓ Done
IPO Close
12 Feb 2024
✓ Done
Allotment
13 Feb 2024
✓ Done
Refunds
14 Feb 2024
✓ Done
Demat Credit
14 Feb 2024
✓ Done
Listing Day
15 Feb 2024
✓ Done
Rudra Gas Enterprise Ltd — Live Price LIVE
₹63.00
INR · BSE
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Issue ₹63.00 Live Price
About Rudra Gas Enterprise Ltd
Rudra Gas Enterprise Limited was founded in 2015 and is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.The company provides services in the fields of pipeline construction, civil works, and operation and maintenance of pipeline networks in city gas distribution. The company also provides services for the installation of fiber optic cables and their maintenance.The company has three business verticals:Gas pipeline projects: These include the laying of pipelines for the distribution of city gas network and the construction of associated facilities such as CNG (compressed natural gas) stations, the construction, installation, testing, and commissioning of underground pipelines, maintenance, and repair facilities, the construction and installation of gas stations and their physical infrastructure such as pipelines, valves and stations required to carry out the works in accordance with the scope and specifications of the project. The company also provides comprehensive operation and maintenance services to city gas distribution companies(CGD).Fiber optic cable projects: This involves the development of special cables for the transmission of data using light signals.Rental of construction machinery and vehicles: This includes the rental of construction machinery and vehicles to subcontractors for specific projects.The company's customers include companies in the city gas distribution and telecommunications sectors, both in the public and private sectors.As of October 31, 2023, the company had 512 permanent employees on the payroll of the company.
Objects of the Issue
1
To Meet Working Capital Requirements
2
General Corporate Purposes
Rudra Gas Enterprise Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,396.0
31 Mar 2022
₹4,957.0
31 Mar 2023
₹3,446.8
31 Oct 2023
Profit After Tax (PAT)
₹179.4
31 Mar 2022
₹352.0
31 Mar 2023
₹247.4
31 Oct 2023
Particulars31 Oct 202331 Mar 202331 Mar 2022
Revenue from Operations 3446.81 4957.02 4395.95
EBITDA N/A N/A N/A
Profit After Tax (PAT) 247.41 352.02 179.41
Net Worth 1149.10 798.50 446.48
Total Assets 4345.39 3380.56 2804.92
Reserves & Surplus 540.10 773.50 421.48
Borrowings 1990.15 1738.34 1379.98
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
4.14
RoE
57%
RoCE
25%
RoNW
44.09%
Debt/Equity
2.18
Issue Structure & Shareholding
Total Shares Offered22,48,000 (100.00%)
Net Offer to Public21,32,000 shares (aggregating up to ₹13.43 Cr)
Reserved for Market Maker1,16,000 shares (aggregating up to ₹0.7308 Cr)
Pre-Issue Promoter Holding60,90,000 shares
Post-Issue Promoter Holding83,38,000 shares
P/BV Ratio4.14
RoE57%
RoCE25%
Debt / Equity2.18
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rudra Gas Enterprise Ltd IPO subscribed?

Rudra Gas Enterprise Ltd IPO is subscribed 1.00 times by Feb 12, 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 Rudra Gas Enterprise Ltd IPO retail subscription status?

The Rudra Gas Enterprise Ltd IPO retail category is subscribed 1.00 times as of 12 Feb 2024. The retail portion is oversubscribed.

How to subscribe Rudra Gas Enterprise Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Feb 2024 and closes 12 Feb 2024. Min investment: ₹126,000 (1 lot = 2,000 shares). UPI mandate: 2024-02-12.

How many times Rudra Gas Enterprise Ltd IPO subscribed?

The Rudra Gas Enterprise Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rudra Gas Enterprise 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: 13 Feb 2024. Refunds: on 14 Feb 2024.

When Rudra Gas Enterprise Ltd IPO will be listed?

The Rudra Gas Enterprise Ltd IPO listing date is 15 Feb 2024, Thursday. Listed on: BSE SME. Issue price: ₹63. Estimated listing: ₹63. GMP: NIL.

When Rudra Gas Enterprise Ltd IPO close?

The Rudra Gas Enterprise Ltd IPO closes on 12 Feb 2024, Monday. UPI mandate: 2024-02-12. Allotment: 13 Feb 2024. Listing: 15 Feb 2024.