Rulka Electricals Limited IPO

NSE SME

Listed On: May 24, 2024 at ₹ 525.0

₹ 141000 /600 Shares

Check Allotment

Rulka Electricals Limited IPO Details

16 May, 2024

Open Date

21 May, 2024

Close Date

22 May, 2024

Allotment Date

24 May, 2024

Listing Date

Issue Price

₹223-235 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

525.0

Listing Date

2024-05-24

Market Lot

600 Shares (₹141,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

1,123,200 shares(aggregating up to ₹26.40 Cr)

Retail Portion

35%

Subscription

676.90 times

IPO Docs

DRHP RHP

The IPO of Rulka Electricals Limited is priced at ₹223-235 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Rulka Electricals Limited IPO bid opening date is from May 16, 2024 and the bid closing date was May 21, 2024.
Rulka Electricals Limited IPO allotment result will be available on May 22, 2024. The tentative listing date for Rulka Electricals Limited is May 24, 2024.

The total issue size is 1,123,200 shares(aggregating up to ₹26.40 Cr).

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

Total No. of Applications: 4,10,134 (Approx)

Rulka Electricals Limited Valuations

EPS Pre IPO

₹8.21/-

EPS Post IPO

₹14.49/-

P/E Pre IPO

28.62

P/E Post IPO

16.21

ROE

61.25%

ROCE

33.67%

Debt/Equity

2.16

RoNW

43.85%

PAT Margin

8.68

Price to Book Value

6.22

Rulka Electricals Limited Company Financials All values are in ₹ Lakh

	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

About The Company

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)

Pre Issue Share Holding: 86.28%

Post Issue Share Holding: 69.22%

Company Promoter(s)

Mr. Rupesh Laxman Kasavkar
Mr Nitin Indrakumar Aher

Rulka Electricals Limited IPO - Issue Objectives

To Meet Working Capital Requirement
General Corporate Purpose
To Meet the Offer Expenses

Other Details

Company Contact Details

Rulka Electricals Limited

A - 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West Mumbai City, Mumbai- 400078

Phone: +022 41276806

Email: info@replservices.com

Website: https://www.replservices.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Rulka Electricals Limited IPO - FAQs

Ans. Rulka Electricals Limited IPO is a SME IPO. The issue is priced at ₹223-235 per equity share. The minimum order quantity is 600 Shares. The IPO opens on May 16, 2024, and closes on May 21, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rulka Electricals Limited IPO opens on May 16, 2024 and closes on May 21, 2024.

Ans. The size of Rulka Electricals Limited IPO is 1,123,200 shares(aggregating up to ₹26.40 Cr).

Ans. The IPO price band is set between ₹223-235 per equity share.

Ans. To apply for Rulka Electricals Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rulka Electricals 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 Rulka Electricals Limited IPO is May 22, 2024.

Ans. The Rulka Electricals Limited IPO will be listed on May 24, 2024.

Ans. Follow the steps to check the allotment status for Rulka Electricals Limited IPO here.