Rulka Electricals Limited IPO
Rulka Electricals Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹223–₹235 per share. The stock debuted at ₹525, delivering a listing gain of 123.4%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,41,000.
Rulka Electricals Limited IPO
- IPO Dates
- May 16, 2024 – May 21, 2024
- Price band
- ₹223-235 per equity share
- Minimum Investment
- ₹1,41,000
- Issue size
- ₹26.4 Cr
- Lot size
- 600
- Allotment Date
- May 22, 2024
- Listing
- May 24, 2024
- Listing At
- NSE SME
IPO timeline
-
May 16, 2024
Open Date
Completed
-
May 21, 2024
Close Date
Completed
-
May 22, 2024
Allotment Date
Completed
-
May 24, 2024
Listing Date
Completed
Rulka Electricals Limited IPO Essentials
Rulka Electricals Limited IPO Details
Rulka Electricals Limited IPO is priced at ₹223-235 per share with a total issue size of 26.4 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹223-235 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,123,200 shares(aggregating up to ₹26.40 Cr)
- Total issue size
- 11,23,200 shares
(aggregating up to ₹26.4 crore) - Fresh issue
- 8,42,400 shares
(aggregating up to ₹19.8 crore) - Offer for sale (OFS)
- 2,80,800 shares
(aggregating up to ₹6.6 crore) - Listing at
- NSE SME
- List price
- 525.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
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 | ₹1,41,000 |
| Retail(max) | 1 | 600 | ₹1,41,000 |
| NII (min) | 2 | 1,200 | ₹2,82,000 |
Rulka Electricals Limited IPO Reservation
Rulka Electricals Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,123,200 shares, approximately 19.02% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.02% for market maker, and 28.42% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 319,200 (28.42%) | |
| Market Maker Shares Offered | 56,400 (5.02%) | |
| QIB Shares Offered | 213,600 (19.02%) | |
| NII (HNI) Shares Offered | 160,200 (14.26%) | |
| Retail Shares Offered | 373,800 (33.28%) | |
| Total Shares Offered | 1,123,200 (100%) |
Rulka Electricals Limited IPO Analytics
Rulka Electricals Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rulka Electricals Limited IPO Subscription Status
Rulka Electricals 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 | 213,600 / 160,200 | 373,800 | 747,600 |
|
Day 1
16-05-24 06:00 PM
|
(1.01 / 5.26) x | 10.78 x | 6.81 x |
|
Day 2
17-05-24 06:00 PM
|
(4.62 / 27.62) x | 52.84 x | 33.66 x |
|
Day 3
21-05-24 06:00 PM
|
(204.22 / 1350.51) x | 658.32 x | 676.90 x |
Rulka Electricals Limited Valuations
Earnings
- EPS Pre IPO
- ₹8.21/-
- EPS Post IPO
- ₹14.49/-
- P/E Pre IPO
- 28.62
- P/E Post IPO
- 16.21
Returns
- ROE
- 61.25%
- ROCE
- 33.67%
- RoNW
- 43.85%
- PAT Margin
- 8.68
Fundamentals
- Debt / Equity
- 2.16
- Price / Book
- 6.22
Rulka Electricals Limited Financials( In Lakhs)
| 29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 4,082.09 | 2,826.95 | 1,919.04 |
| Revenue | 6,527.77 | 4,689.78 | 3,627.41 |
| Profit After Tax | 565.77 | 280.52 | 112.08 |
| Net Worth | 1,290.15 | 557.33 | 276.82 |
| Reserves & Surplus | 948.55 | 546.33 | 265.82 |
| Total Borrowing | 1,104.89 | 527.07 | 281.46 |
Rulka Electricals Limited Company & Offer Insights
About Rulka Electricals Limited
Rulka Electricals Limited was founded in May 2013. It is an electrical and Fire-Fighting solutions company. The company provides a wide range of services, which include electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. Its services are availed in industries, commercial sectors, retail sectors, and theatre.
The company's integrated operations include designing, supplying, installation, testing, and commissioning of the project.
The Turnkey Projects involve 100% of the revenues of the company, which encompass material and labor along with engineering, design, and consulting services.
The various services offered by the company can be broken down into categories as follows:
Electrical Services
Fire Fighting Systems
Security Systems
Public Address Systems
Access Control Systems
Audio-Video Systems Services
CCTV Systems Service
IT & Networking Services
Solar Systems
The company is ISO 9001:2015 certified for its quality management systems.
As of February 29th, 2024, the company has 92 employees on its payroll.
Rulka Electricals Limited Promoter(s)
Mr. Rupesh Laxman Kasavkar, Mr Nitin Indrakumar Aher are the company's promoters of Rulka Electricals Limited.
Rulka Electricals Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirement
- •
- General Corporate Purpose
- •
- To Meet the Offer Expenses
Rulka Electricals Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rulka Electricals Limited | 8.5 | 8.5 | 16.89 | N/A | 50.33 | 13.91 | Standalone |
| Hec Infra Projects Limited | 0.78 | 0.78 | 29.16 | 37.24 | 2.62 | N/A | Standalone |
Notes:
- Based on March 31, 2023, restated financial statements.
- Basic & Diluted Earnings per Share (EPS) and Net Asset Value per share are calculated on the weighted average number of shares after considering the Bonus Issue of Shares.
Contact Information
Contact Details
Rulka Electricals Limited
+022 41276806
A - 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West Mumbai City, Mumbai- 400078
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Rulka Electricals Limited IPO is a book-built IPO worth ₹26.4 crore. The price band is ₹223–₹235 per share. The IPO opens on May 16, 2024 and closes on May 21, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Rulka Electricals Limited IPO is ₹223 to ₹235 per share.
The lot size of Rulka Electricals Limited IPO is 600 shares.
The minimum investment for Rulka Electricals Limited IPO is approximately ₹1,41,000 based on the upper price band .
Rulka Electricals Limited IPO opens on May 16, 2024 and closes on May 21, 2024.
The allotment date of Rulka Electricals Limited IPO is May 22, 2024.
Rulka Electricals Limited IPO is expected to be listed on May 24, 2024, on NSE SME Platform.
Rulka Electricals Limited IPO valuation snapshot: P/E 16.21, EPS ₹14.49/-, P/B 6.22, RoNW 43.85%, and market cap N/A.
To apply for Rulka Electricals 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 Rulka Electricals 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 Rulka Electricals Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rulka Electricals Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rulka Electricals Limited IPO allotment status on IPO Ji for quick and easy access.