Rudra Gas Enterprise Limited IPO Date, Price, Allotment Details

Rudra Gas Enterprise Limited IPO is an BSE SME IPO. They are going to raise ₹14.16 Crores via IPO. The issue is priced at ₹63 to ₹63 per equity share. The IPO is to be listed on BSE.

 Rudra Gas Enterprise Limited IPO opens for subscription on February 08, 2024, and closes on February 12, 2024. The allotment for the Rudra Gas Enterprise Limited IPO is expected to be finalized on February 13, 2024Rudra Gas Enterprise Limited IPO will list on BSE SME with tentative listing date fixed as Friday, February 15, 2024.

Rudra Gas Enterprise IPO price is ₹63 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹126,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹252,000.

Rudra Gas Enterprise Limited
Rudra Gas Enterprise LimitedBSE SME
Rudra Gas Enterprise Limited Details
Minimum Investment
₹126,000 /1 Lot (2000 shares)
Price Range
₹63-₹63
Max Quantity
1 Lots/2000 Shares
Max Investment
₹126,000
Retail Discount
₹0
Investor category and subcategory
Individual- HNI & Retail
Issue Size
14.16 Cr
Employee Discount
₹0
Total Issue Size
2,248,000 Shares
(aggregating up to ₹14.16 Cr)
Share Holding Pree Issue
6,090,000
Issue Type
Fixed price Issue IPO
Fresh Issue Share
2,248,000 Shares
(aggregating up to ₹14.16 Cr)
Share Holding Post Issue
8,338,000
Listing At
BSE SME
Market Maker Portion
116,000 shares (Spread x securities)
Face value
₹10 pr share.

IPO Dates

Offer Starts08 Feb 2024
Offer Ends12 Feb 2024
Allotment13 Feb 2024
Refunds14 Feb 2024
Credit of shares to Demat account14 Feb 2024
IPO Listing15 Feb 2024

About Rudra Gas Enterprise Limited

Rudra Gas Enterprise Limited was founded in 2015 and is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.

Rudra Gas Enterprise is engaged in various facets of the infrastructure sector. They are mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles.

They provide end-to-end solutions for the city gas distribution sector. Their expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution.

Their services ensure the safe and efficient transportation of vital resources such as Compressed Natural Gas (“CNG”) and Piped Natural Gas (“PNG”).

In the Fiber cable network sector, the company offers services of installations of optical Fiber cable and maintenance thereof.

Founded in Managing Director
2015

Share Holding

Share Holding Pre-Issue99.99%
Share Holding Post-Issue73.03%

Rudra Gas Enterprise Limited IPO Prospectus

Rudra Gas Enterprise Limited IPO Prospectus
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Financials

Year202320222021
Revenue₹4,957.02₹4,395.95₹2,816.96
Assets₹3,380.56₹2,804.92₹1,960.50
Profit₹352.02₹179.41₹127.05
All values are in Rs. Lakhs

Fundamentals

ValuesValues
Market cap52.53 CrROE57%
P/E (X)10.9ROCE25%
POST P/E (X)12.39EPS5.78
Debt to Equity2.18RONW44.09%

Objects of the Issue

  • To Meet Working Capital Requirements
  • General Corporate Purposes

Brokerage Firm IPO Review

  • To be updated soon
Rudra Gas Enterprise Limited Contact Details
AddressRudra Gas Enterprise Limited
B-702, The Capital Building,
Science City Road, Opp. Hetarth Party Plot,
Sola, Ahmedabad-380060
Phone:+91 98751 39472
E-mailcs@rudragasenterprise.com
Websitehttps://www.rudragasenterprise.com/
Rudra Gas Enterprise Limited
IPO Registrar
.Link Intime India Private Ltd
Phone+91-22-4918 6270
E-mailrudragas@linkintime.co.in
Websitehttps://linkintime.co.in/initial_offer/public-issues.html
Rudra Gas Enterprise Limited IPO Allotment Status Check
Rudra Gas Enterprise Limited IPO Allotment Status Check Click Here
Rudra Gas Enterprise Limited
Lead Managers
Beeline Capital Advisors Pvt Ltd
B/1311-1314, Shilp Corporate Near Rajpath Club,
Rajpath Rangoli Road, Sarkhej – Gandhinagar Hwy,
Ahmedabad, Gujarat – 380054
Phone079 4840 7357
E-mailmb@beelinemb.com
Websitehttps://beelinemb.com/

Rudra Gas Enterprise Limited IPO FAQs

What is Rudra Gas Enterprise Limited IPO?
  • Rudra Gas Enterprise Limited IPO is an BSE SME IPO. They are going to raise ₹14.16 Crores via IPO. The issue is priced at ₹63 to ₹63 per equity share. The IPO is to be listed on BSE.
When Rudra Gas Enterprise Limited IPO will open?
  • The IPO is to open on February 08, 2023, for NII, and Retail Investors.
What is Rudra Gas Enterprise Limited IPO Investors Portion?
  • The investors’ portion for NII is 50%, and Retail is 50%.
What is Rudra Gas Enterprise Limited IPO Size?
  • Rudra Gas Enterprise Limited IPO size is ₹14.16 crores.
What is Rudra Gas Enterprise Limited IPO Price Band?
  • Rudra Gas Enterprise Limited IPO Price Band is ₹63 to ₹63 per equity share.
What is Rudra Gas Enterprise Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1 Lot (2000 Shares) with ₹126.000. and Maximum Lot Size 1 Lots (2000 Shares) with ₹126,000
What is Rudra Gas Enterprise Limited IPO Allotment Date?
  • Rudra Gas Enterprise Limited IPO allotment date is February 13, 2024.
What is Rudra Gas Enterprise Limited IPO Listing Date?
  • Rudra Gas Enterprise Limited IPO listing date is February 15, 2024. The IPO to list on BSE.