Rudra Gas Enterprise
Rudra Gas Enterprise Info
Details about the Rudra Gas Enterprise IPO. Opening Date of Rudra Gas Enterprise is 08 Feb 24 and Closing Date is 12 Feb 24 . Face Value of Each share of Rudra Gas Enterprise is ₹10 per share. Fixed price of Rudra Gas Enterprise is ₹63. The Lot size of Rudra Gas Enterprise is 2,000 shares. Total issue size of Rudra Gas Enterprise IPO is ₹14.16 cr. Fresh Issue of Rudra Gas Enterprise IPO is 14.16 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Rudra Gas Enterprise is 6,090,000. Share Holding Post Issue of Rudra Gas Enterprise is 8,338,000.
Business Summary
Rudra Gas Enterprise is engaged in various facets of the infrastructure sector. Rudra Gas Enterprise is mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicle.
Company provide end-to-end solutions for the city gas distribution sector. Their expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution
Comany derive their revenue from following business verticals: a) Gas Pipeline Projects b) Fiber Cable Projects c) Renting of Construction Machineries and vehicles.
Rudra Gas Enterprise IPO Details
| Open Date | 08 Feb 24 |
|---|---|
| Close Date | 12 Feb 24 |
| Face Value | ₹10 per shares |
| Price | ₹63 |
| Lot Size | 2,000 Shares |
| Total issue Size | 2,248,000 Shares ₹14.16 cr |
| Fresh Issue | 2,248,000 Shares ₹14.16 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 6,090,000 |
| Share Holding Post Issue | 8,338,000 |
| Market Maker | Spread X Securities |
| Market Maker Portion | 116,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Rudra Gas Enterprise IPO Timeline
The Rudra Gas Enterprise Initial Public Offering (IPO) is set to open on 08 Feb 24 and will end its subscription phase on 12 Feb 24. You can check your allotment status for Rudra Gas Enterprise on 13 Feb 24. The refund process for your funds will start promptly on 14 Feb 24. Rudra Gas Enterprise IPO credit of shares will be on 14 Feb 24. The listing date for Rudra Gas Enterprise is on 15 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Rudra Gas Enterprise IPO Reservation
The Rudra Gas Enterprise IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
116,000 Shares will be reserved for subscription by Spread X Securities
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Rudra Gas Enterprise IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 126,000 |
| Retail (Max) | 1 | 2,000 | 126,000 |
| HNI (Min) | 2 | 4,000 | 252,000 |
Rudra Gas Enterprise IPO Promoters Holding
Promoters holding details for Rudra Gas Enterprise in the current issue is as follows: The share holding of promoters before the issue stands at 99.99%, and after the issue, it has been adjusted to 73.03%.
Promoters of Rudra Gas Enterprise are Mr. Kush Sureshbhai Patel, Mr. Kashyap Sureshbhai Patel, Mrs. Manjulaben Sureshbhai Patel,
| Share Holding Pre Issue | 99.99% |
|---|---|
| Share Holding Post Issue | 73.03% |
Rudra Gas Enterprise Financial Information
Financial performance details for Rudra Gas Enterprise over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Oct 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 4,345.39 | 3,380.56 | 2,804.92 | 1,960.5 |
| Revenue | 3,446.81 | 4,957.02 | 4,395.95 | 2,816.96 |
| Profit After Tax | 247.41 | 352.02 | 179.41 | 127.05 |
Rudra Gas Enterprise IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Rudra Gas Enterprise are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 10.9 |
| ROCE | 25% |
| ROE | 57% |
| RoNW | 44.09% |
| EPS (Rs) | 5.78 |
Object of the Issue
- • To Meet Working Capital Requirements
- • General corporate purposes
Contact Details for Rudra Gas Enterprise
Phone
Office
B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot, Sola, Ahmedabad-380060, Gujarat, India
Registrar Details for Rudra Gas Enterprise
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Beeline Capital Advisors Pvt Ltd