Rappid Valves (India) IPO
Rappid Valves (India) Limited IPO
Rappid Valves (India) is a NSE SME IPO listed on NSE SME with an issue price of ₹210–₹222 per share. The stock debuted at ₹312, delivering a listing gain of 40.5%. The IPO had a lot size of 600 shares and a minimum investment of ₹1,33,200.
- IPO Dates
- Sep 23, 2024 – Sep 25, 2024
- Price band
- ₹210-222 per equity share
- Minimum Investment
- ₹1,33,200
- Issue size
- ₹30.41 Cr
- Lot size
- 600
- Allotment Date
- Sep 26, 2024
- Listing
- Sep 30, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 23, 2024
Open Date
Completed
-
Sep 25, 2024
Close Date
Completed
-
Sep 26, 2024
Allotment Date
Completed
-
Sep 30, 2024
Listing Date
Completed
Rappid Valves (India) IPO Essentials
Rappid Valves (India) IPO Details
Rappid Valves (India) IPO is priced at ₹210-222 per share with a total issue size of ₹30.41 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹210-222 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Total issue size
- 13,69,800 shares
(aggregating up to ₹30.41 crore) - Fresh issue
- 13,69,800 shares
(aggregating up to ₹30.41 crore) - Listing at
- NSE SME
- List price
- 312.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Shreni Shares Limited
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,33,200 |
| Retail(max) | 1 | 600 | ₹1,33,200 |
| NII (min) | 2 | 1,200 | ₹2,66,400 |
Rappid Valves (India) IPO Reservation
Rappid Valves (India) IPO reservation details show category-wise allocation of shares. Out of the total 13,69,800 shares, approximately 18.97% are reserved for QIB, 14.28% for NII, 33.25% for retail investors, 5.08% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 3,89,400 (28.43%) | |
| Market Maker Shares Offered | 69,600 (5.08%) | |
| QIB Shares Offered | 2,59,800 (18.97%) | |
| NII (HNI) Shares Offered | 1,95,600 (14.28%) | |
| Retail Shares Offered | 4,55,400 (33.25%) | |
| Total Shares Offered | 13,69,800 (100%) |
Rappid Valves (India) IPO Analytics
Rappid Valves (India) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rappid Valves (India) IPO Subscription Status
Rappid Valves (India) 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 | 259,800 / 195,600 | 455,400 | 910,800 |
|
Day 1
23-09-24 06:00 PM
|
(0.00 / 2.11) x | 4.51 x | 2.71 x |
|
Day 2
24-09-24 06:00 PM
|
(1.04 / 11.94) x | 15.96 x | 10.84 x |
|
Day 3
25-09-24 06:00 PM
|
(55.97 / 491.85) x | 109.09 x | 176.14 x |
Rappid Valves (India) Valuations
Earnings
- EPS Pre IPO
- ₹10.81/-
- EPS Post IPO
- ₹7.96/-
- P/E Pre IPO
- 20.53
- P/E Post IPO
- 27.89
Returns
- ROE
- 53.88%
- ROCE
- 29.88%
- RoNW
- 33.82%
- PAT Margin
- 11.32
Fundamentals
- Debt / Equity
- 0.90
- Price / Book
- 24.89
Rappid Valves (India) Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,994.41 | 1,656.75 | 1,217.6 |
| Revenue | 3,660.06 | 1,643.42 | 1,215.24 |
| Profit After Tax | 413.27 | 45.56 | 28.98 |
| Net Worth | 1,221.98 | 312.21 | -24.64 |
| Reserves & Surplus | 371.98 | -37.79 | -79.64 |
| Total Borrowing | 1,098.3 | 992.65 | 977.57 |
Rappid Valves (India) Company & Offer Insights
About Rappid Valves (India)
In 2002, Rappid Valves (India) Limited mainly focuses on valve solution manufacturing.
The firm manufactures different valves: ball, gate, globe, butterfly, check, double block, filter, and marine. The firm's valves are designed using ferrous and non-ferrous materials and have different sizes such as 15mm to 600mm in size.
The company possesses a highly comprehensive range of standard machinery, including conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment, to support the smooth process of manufacturing.
The Company also has a number of quality certifications, such as ISO 9001:2015, 14001:2015, and ISO 45001:2018.
At, June 30, 2024, the company employed 47 persons at its Manufacturing Plant and Registered Office.
Rappid Valves (India) Promoter(s)
Mr. Gaurav Vijay Dalal are the company's promoters of Rappid Valves (India).
Rappid Valves (India) IPO Issue Objectives
- •
- Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company
- •
- Expenditure for the renovation of the registered office and existing manufacturing unit
- •
- Repayment/prepayment of all or certain of our borrowings availed of by our Company
- •
- Pursuing inorganic growth initiatives through acquisitions
- •
- General corporate purposes.
Rappid Valves (India) IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rappid Valves (India) Limited | 1.3 | N/A | 8.92 | N/A | 14.59 | 27.75 | Restated |
| Atam Valves Ltd | 7.67 | N/A | 25.01 | 20.36 | 30.68 | 6.24 | Consolidated |
| Chemtech Industrial Valves Ltd | 2.43 | N/A | 10.47 | 114.4 | 23.19 | 27.8 | Consolidated |
| Hawa Engineers Ltd | 1.98 | N/A | 46.58 | 80.81 | 4.25 | 3.48 | Consolidated |
Notes:
- The P/E Ratio has been computed based on their respective closing market price on September 13, 2024 as divided by the Basic EPS as on March 31, 2023.
- CMP is the closing prices or the last traded price of respective scripts as on September 13, 2024.
- The Issue Price determined by the Company in consultation with the Book Running Lead Manager is justified by our Company in consultation with the Lead Manager on the basis of the above parameters.
Contact Information
Contact Details
Rappid Valves (India)
+91 9321463550
Genesis Industrial Complex, Plot No. 30, Village Kolgaon, Palghar (East), Thane–401404
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Rappid Valves (India) IPO is a book-built IPO worth ₹30.41 crore. The price band is ₹210–₹222 per share. The IPO opens on Sep 23, 2024 and closes on Sep 25, 2024. It will be listed on NSE. Link Intime India Private Ltd is the registrar.
The price band of Rappid Valves (India) IPO is ₹210 to ₹222 per share.
The lot size of Rappid Valves (India) IPO is 600 shares.
The minimum investment for Rappid Valves (India) IPO is approximately ₹1,33,200 based on the upper price band.
Rappid Valves (India) IPO opens on Sep 23, 2024 and closes on Sep 25, 2024.
The allotment date of Rappid Valves (India) IPO is Sep 26, 2024.
Rappid Valves (India) IPO is expected to be listed on Sep 30, 2024 on NSE SME Platform.
Rappid Valves (India) IPO valuation snapshot: P/E 27.89, EPS ₹7.96/-, P/B 24.89, RoNW 33.82%, and market cap N/A.
To apply for Rappid Valves (India) 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 Rappid Valves (India) 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 Rappid Valves (India) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rappid Valves (India) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rappid Valves (India) IPO allotment status on IPO Ji for quick and easy access.