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Rajesh Power Services Ltd

Rajesh Power Services Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹335
₹335
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹335
Based on GMP
Min. Investment
₹134,000
1 lot × 400 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
25 Nov 2024
Close Date
27 Nov 2024
Allotment
28 Nov 2024
Listing Date
02 Dec 2024
Exchange
BSE SME
Price Band
₹335
Listing Price
See chart
Allotment Status
Price Band
₹335
Per share
Face Value
₹10 per share
 
Lot Size
400 Shares
per lot
Issue Size
47,90,000 shares (aggregating up to ₹160.47 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹134,000
1 lot
Pre-IPO Holding
1,52,17,392 shares
Promoters
Post-IPO Holding
1,80,07,392 shares
Promoters
P/E (Pre)
19.59x
 
P/E (Post)
10.9x
 
EPS (Pre)
₹17.10
 
EPS (Post)
₹30.75
 
UPI Deadline
2024-11-27
Mandate
Anchor AllotmentSun, 24 Nov 2024
Basis of AllotmentThu, 28 Nov 2024
Refund InitiationFri, 29 Nov 2024
Demat CreditFri, 29 Nov 2024
Listing DayMon, 02 Dec 2024
UPI Mandate Deadline2024-11-27
Sale TypeFresh Capital-cum-Offer for Sale
Market Maker Quota2,44,000 shares (aggregating up to ₹8.17 Cr)
Fresh Issue Shares25,46,000 shares (aggregating up to ₹85.29 Cr)
Offer for Sale20,00,000 shares of ₹10 (aggregating up to ₹67.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rajesh Power Services Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Nov 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
244,000
₹8.17
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,790,000
100% ₹160.47
IPO Shares Offered
Rajesh Power Services Ltd IPO total issue size: ₹160.47 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 244,000 ₹8.17
5.09%
Total 4,790,000 ₹160.47
100.00%
* Based on upper price band ₹335 per share
Lot Size & Investment
Lot Size
400
Shares per Lot
Issue Price
₹335.00
Upper Band
Min Investment
₹134,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2800₹268,000
Retail (Max — 13 Lots)135,200₹1,742,000
S-HNI (Min — 14 Lots)145,600₹1,876,000
B-HNI (Min — 68 Lots)6827,200₹9,112,000
* Issue Price ₹335 × Lot Size 400 shares
IPO Schedule
Anchor
24 Nov 2024
✓ Done
IPO Open
25 Nov 2024
✓ Done
IPO Close
27 Nov 2024
✓ Done
Allotment
28 Nov 2024
✓ Done
Refunds
29 Nov 2024
✓ Done
Demat Credit
29 Nov 2024
✓ Done
Listing Day
02 Dec 2024
✓ Done
Rajesh Power Services Ltd — Live Price LIVE
₹335.00
INR · BSE
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Issue ₹335.00 Live Price
About Rajesh Power Services Ltd
Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries.Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM).The company offers services to both the Renewable and Non-Renewable segments of the power sector.The company provides the following servicesEHV Underground Cables and Transmission LinesEHV AIS/GIS Substations including Civil WorksHV/MV/LV Underground Cable Laying and Overhead MVCC Conductor InstallationRevamping the entire Distribution Network including Substations, RMUs, Transformers & Cables on Turnkey BasisPower Supply Arrangement Projects for Solar Power PlantsOperation and Maintenance of EHV, HV, MV & LV SubstationsOperation and Maintenance of EHV, HV, MV & LV Transmission and Distribution NetworkThe company clients include GIFT City, Gandhinagar; Gujarat Metro Rail Corporation Ltd., Gandhinagar; , IFFCO, Adani Renewables, Prestige, Reliance Industries Limited, Torrent Power Ltd., Dholera; Jay Chemicals Ltd., Saykha; Sabar Dairy, Himmatnagar; Grindwell Norton Limited (Saint Gobain), Hindustan Coca Cola and so on and so forth.Rajesh Power Services Ltd. (RPSL) specializes in EPC contracting and providing services to power transmission and distribution utilities.Cometitive StrengthConstant Financial Growth maintaining healthy profit margins.Successfully completed numerous power sector projects as an EPC contractor for over 20 years.Looking for ways to expand our business in renewable energy, focusing on solar energy and hydrogen electrolyzers.As of April 1, 2024, the Company employs 940 people in various departments.
Objects of the Issue
1
Capital Expenditure: Purchase of cable identification, testing and fault location equipments Setting up of DC Solar Power Plant having a capacity of 1300 KW; Inhouse development of Technical Expertise in the Production of Green Hydrogen and associated equipment such as Electrolysers
2
Additional Working Capital Requirement
3
General Corporate Purposes.
Rajesh Power Services Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹21,117.6
31 Mar 2023
₹29,506.1
31 Mar 2024
₹31,785.1
30 Sep 2024
Profit After Tax (PAT)
₹675.2
31 Mar 2023
₹2,602.3
31 Mar 2024
₹2,768.3
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 31785.09 29506.07 21117.57
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2768.25 2602.29 675.15
Net Worth 11122.22 8430.05 5865.80
Total Assets 33822.42 24039.00 19823.38
Reserves & Surplus 9600.48 6908.31 4344.06
Borrowings 7973.04 7767.08 5971.20
EBITDA Margin (%) N/A
PAT Margin (%) 8.11
P/BV Ratio
4.55
RoE
24.89
RoCE
25.61
RoNW
25.47
PAT Margin
8.11
Debt/Equity
0.92
Issue Structure & Shareholding
Total Shares Offered47,90,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market Maker2,44,000 shares (aggregating up to ₹8.17 Cr)
Pre-Issue Promoter Holding1,52,17,392 shares
Post-Issue Promoter Holding1,80,07,392 shares
P/BV Ratio4.55
RoE24.89
RoCE25.61
Debt / Equity0.92
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ISK Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rajesh Power Services Ltd IPO subscribed?

Rajesh Power Services Ltd IPO is subscribed 1.00 times by Nov 27, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rajesh Power Services Ltd IPO retail subscription status?

The Rajesh Power Services Ltd IPO retail category is subscribed 1.00 times as of 27 Nov 2024. The retail portion is oversubscribed.

How to subscribe Rajesh Power Services Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 25 Nov 2024 and closes 27 Nov 2024. Min investment: ₹134,000 (1 lot = 400 shares). UPI mandate: 2024-11-27.

How many times Rajesh Power Services Ltd IPO subscribed?

The Rajesh Power Services Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rajesh Power Services Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Nov 2024. Refunds: on 29 Nov 2024.

When Rajesh Power Services Ltd IPO will be listed?

The Rajesh Power Services Ltd IPO listing date is 02 Dec 2024, Monday. Listed on: BSE SME. Issue price: ₹335. Estimated listing: ₹335. GMP: NIL.

When Rajesh Power Services Ltd IPO close?

The Rajesh Power Services Ltd IPO closes on 27 Nov 2024, Wednesday. UPI mandate: 2024-11-27. Allotment: 28 Nov 2024. Listing: 02 Dec 2024.