IPO

Rajesh Power Services Limited IPO

BSE SME

Listed On: Dec 2, 2024 at ₹ 636.5

₹ 134000 /400 Shares

Check Allotment
Rajesh Power Services IPO Details

25 Nov, 2024

Open Date

27 Nov, 2024

Close Date

28 Nov, 2024

Allotment Date

02 Dec, 2024

Listing Date

Issue Price

₹319-335 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

636.5

Listing Date

2024-12-02

Market Lot

400 Shares (₹134,000/-)

Lead Manager

Isk Advisors Pvt Ltd

Issue Size

Total ₹160.47 Cr :
#Fresh Issue : 2,790,000 shares(aggregating up to ₹93.47 Cr) +
#OFS : 2,000,000 shares of ₹10(aggregating up to ₹67 Cr)

Retail Portion

35%

Subscription

59.00 times

IPO Docs

DRHP RHP

Rajesh Power Services IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved913,600 / 691,2001,604,8003,209,600
Day 1 - 25-11-24 06:00 PM0.00 / 1.74 x2.79 x1.77 x
Day 2 - 26-11-24 06:00 PM1.63 / 5.49 x7.01 x5.15 x
Day 3 - 27-11-24 06:00 PM46.39 / 138.46 x31.96 x59.00 x
Total No. of Applications: 1,55,371 (Approx)

Rajesh Power Services Valuations

EPS Pre IPO

₹17.1/-

EPS Post IPO

₹30.75/-

P/E Pre IPO

19.59

P/E Post IPO

10.90

RoNW

25.47%

Rajesh Power Services Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets24,039.0019,823.3817,562.82
Revenue29,506.0721,117.5714,936.84
Profit After Tax2,602.29675.15344.60

About The Company

Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries.

Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM).

The company offers services to both the Renewable and Non-Renewable segments of the power sector.

Read More

Rajesh Power Services - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.40%

Company Promoter(s)
  1. Mr. Rajendra Baldevbhai Patel
  2. Mr. Kurang Ramchandra Panchal
  3. Mr. Kaxil Prafulbhai Patel
  4. Mr. Utsav Nehal Panchal

Rajesh Power Services IPO - Issue Objectives

  1. Capital Expenditure:Purchase of cable identification, testing and fault location equipments,Setting up of DC Solar Power Plant having a capacity of 1300 KW,Inhouse development of Technical Expertise in the Production of Green Hydrogen and associated equipment such as Electrolysers
  2. Additional Working Capital Requirement
  3. General Corporate Purposes.

Rajesh Power Services IPO - FAQs

Ans. Rajesh Power Services Limited IPO is a SME IPO. The issue is priced at ₹319-335 per equity share. The minimum order quantity is 400 Shares. The IPO opens on Nov 25, 2024, and closes on Nov 27, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Rajesh Power Services Limited IPO opens on Nov 25, 2024 and closes on Nov 27, 2024.

Ans. The size of Rajesh Power Services Limited IPO is Total ₹160.47 Cr : #Fresh Issue : 2,790,000 shares(aggregating up to ₹93.47 Cr) + #OFS : 2,000,000 shares of ₹10(aggregating up to ₹67 Cr).

Ans. The IPO price band is set between ₹319-335 per equity share.

Ans. To apply for Rajesh Power Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Rajesh Power Services 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 Rajesh Power Services Limited IPO is Nov 28, 2024.

Ans. The Rajesh Power Services Limited IPO will be listed on Dec 2, 2024.

Ans. Follow the steps to check the allotment status for Rajesh Power Services Limited IPO here.