Rachana Infrastructure Limited IPO

Rachana Infrastructure Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹135 per share. The stock debuted at ₹138, delivering a listing gain of 2.2%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,35,000.

Rachana Infrastructure Limited IPO

NSE SME Listed
₹1,35,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 20, 2022 – Jun 2, 2022
Price band
₹135 per equity share
Minimum Investment
₹1,35,000
Issue size
5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr)
Lot size
1000
Allotment Date
Jun 7, 2022
Listing
Jun 10, 2022
Listing At
NSE SME

IPO timeline

  1. May 20, 2022

    Open Date

    Completed

  2. Jun 2, 2022

    Close Date

    Completed

  3. Jun 7, 2022

    Allotment Date

    Completed

  4. Jun 10, 2022

    Listing Date

    Completed

Rachana Infrastructure Limited IPO Essentials

Rachana Infrastructure Limited IPO Details

Rachana Infrastructure Limited IPO is priced at ₹135 per share with a total issue size of 5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr). The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹135 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr)
Listing at
NSE SME
List price
138.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Interactive Financial Services Ltd

Rachana Infrastructure Limited IPO Details

  • Retail Portion N/A

Rachana Infrastructure Limited IPO Documents

Rachana Infrastructure Limited IPO Analytics

Rachana Infrastructure Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Rachana Infrastructure Limited IPO Subscription Status

Rachana Infrastructure Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 2,683,000 2,683,000 5,366,000
Day 1 20-05-22 05:00 PM
(0.00) x 0.12 x 0.06 x
Day 2 23-05-22 05:00 PM
(0.04) x 0.21 x 0.13 x
Day 3 24-05-22 05:00 PM
(0.04) x 0.22 x 0.13 x
Day 4 25-05-22 05:00 PM
(0.09) x 0.27 x 0.18 x
Day 5 26-05-22 05:00 PM
(0.09) x 0.29 x 0.19 x
Day 6 27-05-22 05:00 PM
(0.09) x 0.31 x 0.20 x
Day 7 30-05-22 05:00 PM
(0.37) x 0.34 x 0.36 x
Day 8 31-05-22 05:00 PM
(0.47) x 0.36 x 0.42 x
Day 9 01-06-22 05:00 PM
(0.63) x 0.44 x 0.53 x
Day 10 02-06-22 05:00 PM
(1.82) x 0.60 x 1.21 x

Rachana Infrastructure Limited Valuations

Earnings

EPS (Post IPO)
₹2.45/-
P/E Ratio
56.39

Returns

RoNW
11.63%

Data sourced from DRHP / RHP • For educational purposes only

Rachana Infrastructure Limited Financials( In Crs.)

30-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Assets 87.84 80.43 106.18 79.81
Revenue 41.71 107.05 158.40 113.93
Profit After Tax 1.39 4.55 5.97 4.66

Rachana Infrastructure Limited Company & Offer Insights

About Rachana Infrastructure Limited

Rachana Infrastructure Limited offers infrastructure and civil construction services. Rachana Infrastructure is a mid-size private sector company engaged in the business of construction of roads and highways, irrigation, hydropower project and mining and pipeline construction. Rachana Infrastructure Limited is expanding business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.

The roads project that the company has executed are MPRDC- ADB Loan IV, OPAL Petrochemical Refinery Road work at Dajeh SEZ, C.C Road Construction for MP PWD and Vadodara-Mumbai 6 Lane Highway.
Rachana Infrastructure Limited has an in-house integrated system and machinery for all stages of mining, right from Mining/Extraction of raw material from the mine up to Crushing and Finished Production of Black Trap Stone Aggregate.

Rachana Infrastructure Limited Promoter(s)

Mr. Girishkumar Raval, Mrs. Bhaminiben Mehta are the company's promoters of Rachana Infrastructure Limited.

Rachana Infrastructure Limited IPO Issue Objectives

Repayment of Secured Loans
Working capital requirement
General Corporate Purpose
Meeting Public Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Rachana Infrastructure Limited IPO is a Fixed Priced IPO worth ₹5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr). The issue price is ₹135 per share (fixed price). The IPO opens on May 20, 2022 and closes on Jun 2, 2022. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Rachana Infrastructure Limited IPO is ₹135 per share (fixed price).

The lot size of Rachana Infrastructure Limited IPO is 1000 shares.

The minimum investment for Rachana Infrastructure Limited IPO is approximately ₹1,35,000 based on the issue price .

Rachana Infrastructure Limited IPO opens on May 20, 2022 and closes on Jun 2, 2022.

The allotment date of Rachana Infrastructure Limited IPO is Jun 7, 2022.

Rachana Infrastructure Limited IPO is expected to be listed on Jun 10, 2022, on NSE SME Platform.

Rachana Infrastructure Limited IPO valuation snapshot: P/E 56.39, EPS ₹2.45/-, P/B N/A, RoNW 11.63%, and market cap N/A.

To apply for Rachana Infrastructure Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Rachana Infrastructure Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Rachana Infrastructure Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Rachana Infrastructure Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rachana Infrastructure Limited IPO allotment status on IPO Ji for quick and easy access.