Rachana Infrastructure Limited IPO
NSE SMEListed On: Jun 10, 2022 at ₹ 138.0
₹ 270000 /2000 Shares
*Min Investment
20 May, 2022
Open Date02 Jun, 2022
Close Date07 Jun, 2022
Allotment Date10 Jun, 2022
Listing DateIPO Issue Details
- Issue Price ₹135 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr)
- Listing at NSE SME
- List Price 138.0
- Listing Date 2022-06-10
- Lead Manager Interactive Financial Services Ltd
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Rachana Infrastructure Limited IPO is an SME IPO, priced at ₹135 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from May 20, 2022 to Jun 2, 2022. The allotment is expected to be finalized on Jun 7, 2022, and the tentative listing date is Jun 10, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| 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 |
Valuations
Company Financials
| 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 |
About Company
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.
- Promoter(s)
Mr. Girishkumar Raval
Mrs. Bhaminiben Mehta
Pre Issue Share Holding : 83.44%
Post Issue Share Holding : %
IPO - Issue Objectives
Repayment of Secured Loans
Working capital requirement
General Corporate Purpose
Meeting Public Issue Expenses
IPO - FAQs
Ans. Rachana Infrastructure Limited IPO is a SME IPO. The issue is priced at ₹135 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 20, 2022, and closes on Jun 2, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Rachana Infrastructure Limited IPO opens on May 20, 2022 and closes on Jun 2, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Rachana Infrastructure Limited IPO is 5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr).
Ans. The Rachana Infrastructure Limited IPO price band is set between ₹135 per equity share.
Ans. To apply for Rachana Infrastructure Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Rachana Infrastructure Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Rachana Infrastructure Limited IPO is Jun 7, 2022.
Ans. The Rachana Infrastructure Limited IPO will be listed on Jun 10, 2022.
Ans. Follow the steps to check the Rachana Infrastructure Limited IPO allotment status online.
