Rulka Electricals IPO Details: Rulka Electricals has officially set the date for its IPO, marking a significant step forward for the company. The IPO is scheduled to commence on May 16th and conclude on May 21st. Rulka Electricals aims to raise ₹26.40 crores through this NSE SME IPO, with a price band ranging from ₹223 to ₹235 per share and a market lot set at 600 shares.
Rulka Electricals specializes in turnkey projects, offering comprehensive solutions in the realm of Electrical & Fire Fighting Turnkey Projects. Their diverse range of services encompasses Electrical Solutions, Solar EPC Contracts, Electrical Panels, and more, catering to various sectors including Industrial, Commercial, Retail, and Theatre. With expertise in electrical contracting for industrial plants, they provide end-to-end services from design to installation, testing, and commissioning, ensuring seamless project execution.
Their track record speaks for itself, having successfully completed warehouse, retail store, theatre, hospital, and hospitality projects nationwide. Moreover, Rulka Electricals goes the extra mile by offering Operations and Maintenance (O&M) services, ensuring the longevity and efficiency of the systems they install. From routine inspections to emergency response, their O&M services are tailored to meet the specific needs of their clients, demonstrating their unwavering commitment to quality and customer satisfaction.
Rulka Electricals IPO Objectives:
The company intends to utilize the proceeds of the Offer to meet the following objects: –
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Offer Expenses
Rulka Electricals IPO Review (Apply or Not)
- updated soon
Rulka Electricals IPO Date & Price Band Details:
| IPO Open: | 16-May-2024 |
| IPO Close: | 21-May-2024 |
| IPO Size: | Approx ₹26.40 Crores, 1,123,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹223 to ₹235 Per Equity Share |
| Fresh Issue: | Approx ₹19.80 Crores, 842,400 Equity Shares |
| Offer for Sale: | Approx ₹6.60 Crores, 280,800 Equity Shares |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Rulka Electricals IPO Lot Size:
For those interested in participating in the Rulka Electricals IPO, it’s essential to note that the minimum market lot stands at 600 shares. This means that individuals looking to invest in the IPO must be prepared to commit to this quantity of shares. To get started, the application amount required is ₹141,000. This represents a significant investment opportunity for those seeking to be part of Rulka Electricals’ journey as it ventures into the stock market.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹141,000 |
| Retail Maximum | 1 | 600 | ₹141,000 |
| S-HNI Minimum | 2 | 1200 | ₹282,000 |
Rulka Electricals IPO Timeline:
Save these important dates! The Rulka Electricals IPO is set to kick off on May 16th, with the IPO closing its doors on May 21st. Following this, the IPO allotment date is scheduled for May 22nd. If everything proceeds as planned, we might witness the company making its stock exchange debut as early as May 24th. It’s an exciting time for both Rulka Electricals and potential investors as they prepare for this significant event in the financial market.
| IPO Open Date: | 16-May-2024 |
| IPO Close Date: | 21-May-2024 |
| Basis of Allotment: | 22-May-2024 |
| Refunds: | 23-May-2024 |
| Credit to Demat Account: | 23-May-2024 |
| IPO Listing Date: | 24-May-2024 |
Rulka Electricals IPO GMP Today:
GMP for Rulka Electricals SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Rulka Electricals Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹19.60 | ₹18.87 | ₹0.54 |
| 2022 | ₹36.27 | ₹34.37 | ₹1.12 |
| 2023 | ₹46.90 | ₹43.29 | ₹2.81 |
| Feb 2024 | ₹65.28 | ₹57.71 | ₹5.66 |
Rulka Electricals IPO Valuation – FY2023
Check Rulka Electricals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹8.50 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 50.33% |
| Net Asset Value (NAV): | ₹16.89 per Equity Share |
Peer Group
- HEC Infra Projects Limited
Company Promoters
- Mr. Rupesh Laxman Kasavkar
- Mr Nitin Indrakumar Aher
Rulka Electricals IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Rulka Electricals IPO Allotment Status
Check Rulka Electricals IPO allotment status on Bigshare website URL. Click Here
Rulka Electricals IPO Lead Managers aka Merchant Bankers
- Beeline Broking Ltd
Company Address
Rulka Electricals Limited
A – 20, Shiva Industrial Estate Co. Ltd.,
Lake Road, Near Tata Power, Bhandup West
Mumbai City, Mumbai- 400078,
Phone: +022 41276806
Email: info@replservices.com
Website: https://www.replservices.com/
