Rappid Valves India Ltd
Price Range
₹210 - ₹222
Min. Quantity
600
Closes on
25 September 2024
Min. investment
₹1,33,200/600 Shares
Rappid Valves India Ltd IPO Timeline
Rappid Valves India Limited was originally formed as a Private Limited Company under the name 'Rapid Valves (India) Private Limited' vide Certificate of Incorporation issued by the Registrar of Companies, Mumbai on May 24, 2002. Subsequently, the Company changed its name to 'Rappid Valves (India) Private Limited' on February 10, 2009. Subsequently, the Company status changed to Public Limited and the name was changed to 'Rappid Valves (India) Limited' on January 31, 2024. The fresh Certificate of Incorporation was issued on June 20, 2024 by the Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| Rappid Valves India Ltd IPO Opening Date | 23 September 2024 |
| Rappid Valves India Ltd IPO Closing Date | 25 September 2024 |
| Basis of Allotment | 26 September 2024 |
| Initiation of Refunds | 27 September 2024 |
| Credit of Shares to Demat | 27 September 2024 |
| Rappid Valves India Ltd IPO Listing Date | 30 September 2024 |
Rappid Valves India Ltd IPO Details
| Rappid Valves India Ltd IPO Date | 23 September 2024 to 25 September 2024 |
| Rappid Valves India Ltd IPO Face Value | ₹10 per share |
| Rappid Valves India Ltd IPO Price | ₹210 to ₹222 per share |
| Rappid Valves India Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.41 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.41 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Gaurav Vijay Dalal |
Rappid Valves India Ltd IPO Lot Size
The Rappid Valves India Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,33,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,33,200 |
| Maximum | 1 | 600 | ₹1,33,200 |
- Strengths
- Risks
- Opportunities
- Wide range of our products.
- Well established relationship with clients.
- Leveraging the experience of our Promoter.
- Strong Marketing Practices.
- Good Standing in Marine Industry.
Company Financials
Rappid Valves India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 29.94 | 36.6 | 4.13 |
| 03-2023 | 16.57 | 16.43 | 0.46 |
| 03-2022 | 12.18 | 12.15 | 0.29 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the capital exp for purchase of new Plant & Machinery and Software by the company
- Expenditure for renovation of registred office and existing mfg unit
- Repayment/prepayment of all or certain of its borrowings availed of by the company
- General corporate purposes
- Pursuing inorganic growth initiatives through acquisitions
Rappid Valves India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 64.55% |
| Post Issue Share Holding | 47.52% |
Rappid Valves India Ltd IPO Subscription Status (Bidding Detail)
The Rappid Valves India Ltd IPO is subscribed 163.6334 times on 25 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 163.6334 |
Rappid Valves India Ltd IPO Prospectus
Rappid Valves India Ltd IPO Listing Date
| Listing Date | 30 September 2024 |
| BSE Script | 93344 |
| NSE Symbol | RAPPID |
| Listing In | NSE - SME |
| ISIN | INE0MVO01012 |
| IPO Price | ₹222 |
| Face Value | ₹10 |
Company Contact Information
Genesis Ind.Cmplx. Plot No.30Village Kolgaon Palghar (East),Thane-401404
Phone: +91 93214 63550
Email: investors@rapidvalves.net
Website: www.rappidvalves.in
Rappid Valves India Ltd IPO Registrar
Rappid Valves India Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Rappid Valves India Ltd IPO?
I have pre-applied for Rappid Valves India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.