Rulka Electricals
Rulka Electricals Info
Details about the Rulka Electricals IPO. Opening Date of Rulka Electricals is 16 May 24 and Closing Date is 21 May 24 . Face Value of Each share of Rulka Electricals is ₹10 per share. Price band of Rulka Electricals is ₹223 to ₹235. The Lot size of Rulka Electricals is 600 shares. Total issue size of Rulka Electricals IPO is ₹26.4 cr. Fresh Issue of Rulka Electricals IPO is 19.8 cr. Rulka Electricals IPO also includes offer for sale of ₹6.6 cr.This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Rulka Electricals is 3,416,000. Share Holding Post Issue of Rulka Electricals is 4,258,400.
Business Summary
Rulka Electricals is in the business of turnkey projects contracting, engaged in offering solutions for all types of Electrical & Fire Fighting Turnkey Projects.
Rulka Electricals offers a wide range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turnkey Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting, and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail, and Theatre sector.
Rulka Electricals offers electrical contracting services for all types of industrial plants.
Rulka Electricals IPO Details
| Open Date | 16 May 24 |
|---|---|
| Close Date | 21 May 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹223 - ₹235 |
| Lot Size | 600 Shares |
| Total issue Size | 1,123,200 Shares ₹26.4 cr |
| Fresh Issue | 842,400 Shares ₹19.8 cr |
| Offer for Sale | 280,800 Shares (₹6.6 cr) |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 3,416,000 |
| Share Holding Post Issue | 4,258,400 |
| Market Maker | Sunflower Broking |
| Market Maker Portion | 56,400 Shares |
| RHP , DHRP | View RHP, View DRHP |
Rulka Electricals IPO Timeline
The Rulka Electricals Initial Public Offering (IPO) is set to open on 16 May 24 and will end its subscription phase on 21 May 24. You can check your allotment status for Rulka Electricals on 22 May 24. The refund process for your funds will start promptly on 23 May 24. Rulka Electricals IPO credit of shares will be on 23 May 24. The listing date for Rulka Electricals is on 24 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Rulka Electricals IPO Reservation
The Rulka Electricals IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
56,400 Shares will be reserved for subscription by Sunflower Broking
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Rulka Electricals IPO Lot Size
Bids can be made for minimum of 600 shares and in multiple of 600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 141,000 |
| Retail (Max) | 1 | 600 | 141,000 |
| HNI (Min) | 2 | 1,200 | 282,000 |
Rulka Electricals IPO Promoters Holding
Promoters holding details for Rulka Electricals in the current issue is as follows: The share holding of promoters before the issue stands at 86.28%, and after the issue, it has been adjusted to 69.22%.
Promoters of Rulka Electricals are Mr. Rupesh Laxman Kasavkar, Mr Nitin Indrakumar Aher,
| Share Holding Pre Issue | 86.28% |
|---|---|
| Share Holding Post Issue | 69.22% |
Rulka Electricals Financial Information
Financial performance details for Rulka Electricals over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 29 Feb 24 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 4,082.09 | 2,826.95 | 1,919.04 | 982.41 |
| Revenue | 6,527.77 | 4,689.78 | 3,627.41 | 1,960.11 |
| Profit After Tax | 565.77 | 280.52 | 112.08 | 53.72 |
Rulka Electricals IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Rulka Electricals 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) | 28.62 |
| ROCE | 33.67% |
| ROE | 61.25% |
| EPS (Rs) | 8.21 |
Object of the Issue
- • To Meet Working Capital Requirement
- • General Corporate Purpose
- • To Meet the Offer Expenses
Contact Details for Rulka Electricals
Phone
Office
A - 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West Mumbai City, Mumbai- 400078
Registrar Details for Rulka Electricals
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Beeline Capital Advisors Pvt Ltd