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, 2024. Rudra 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 | BSE SME |
| 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 Starts | 08 Feb 2024 |
| Offer Ends | 12 Feb 2024 |
| Allotment | 13 Feb 2024 |
| Refunds | 14 Feb 2024 |
| Credit of shares to Demat account | 14 Feb 2024 |
| IPO Listing | 15 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-Issue | 99.99% |
| Share Holding Post-Issue | 73.03% |
Rudra Gas Enterprise Limited IPO Prospectus
| Rudra Gas Enterprise Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| 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 |
Fundamentals
| Values | Values | ||
| Market cap | 52.53 Cr | ROE | 57% |
| P/E (X) | 10.9 | ROCE | 25% |
| POST P/E (X) | 12.39 | EPS | 5.78 |
| Debt to Equity | 2.18 | RONW | 44.09% |
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 | |
| Address | Rudra Gas Enterprise Limited B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot, Sola, Ahmedabad-380060 |
| Phone: | +91 98751 39472 |
| cs@rudragasenterprise.com | |
| Website | https://www.rudragasenterprise.com/ |
| Rudra Gas Enterprise Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| rudragas@linkintime.co.in | |
| Website | https://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 | |
| Phone | 079 4840 7357 |
| mb@beelinemb.com | |
| Website | https://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.