The Rulka Electricals Limited date has been confirmed from May 16, 2024 – May 21, 2024. Read the post to learn about Rulka Electricals Limited IPO GMP.
The Veritaas Advertising IPO is a book-built issue of Rs 26.40 crores. The issue is a combination of fresh issue of 8.42 lakh shares aggregating to Rs 19.80 crores and offer for sale of 2.81 lakh shares aggregating to Rs 6.60 crores.
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Key Details Of Rulka Electricals Limited IPO
Bidding Dates
May 16 – 21
Price Range
₹223 to ₹235 per share
Face Value
₹10 per share
GMP
₹410
Rulka Electricals Limited IPO GMP
The Rulka Electricals Limited IPO GMP is ₹410.
IPO Overview
The subscription period for the Rulka Electricals IPO is from May 16 to May 21, 2024. The allotment is expected to be finalized on May 22, 2024, with the listing on NSE SME scheduled for May 24, 2024.
Investors can subscribe to the Rulka Electricals IPO from May 16 to May 21, 2024. The allotment will be finalized on May 22, 2024, and the IPO will be listed on NSE SME on May 24, 2024.
Rulka Electricals Limited IPO Details
| IPO Date | May 16, 2024 to May 21, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹223 to ₹235 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 1,123,200 shares (aggregating up to ₹26.40 Cr) |
| Fresh Issue | 842,400 shares (aggregating up to ₹19.80 Cr) |
| Offer for Sale | 280,800 shares of ₹10 (aggregating up to ₹6.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,416,000 |
| Share holding post issue | 4,258,400 |
| Market Maker portion | 56,400 shares Sunflower Broking |
Rulka Electricals Limited Financial Information
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,082.09 | 2,826.95 | 1,919.04 | 982.41 |
| Revenue | 6,527.77 | 4,689.78 | 3,627.41 | 1,960.11 |
| Profit After Tax | 565.77 | 280.52 | 112.08 | 53.72 |
| Net Worth | 1,290.15 | 557.33 | 276.82 | 164.74 |
| Reserves and Surplus | 948.55 | 546.33 | 265.82 | 153.74 |
| Total Borrowing | 1,104.89 | 527.07 | 281.46 | 230.99 |
| Amount in ₹ Lakhs | ||||
Rulka Electricals Limited IPO Timeline
| IPO Open Date | Thursday, May 16, 2024 |
| IPO Close Date | Tuesday, May 21, 2024 |
| Basis of Allotment | Wednesday, May 22, 2024 |
| Initiation of Refunds | Thursday, May 23, 2024 |
| Credit of Shares to Demat | Thursday, May 23, 2024 |
| Listing Date | Friday, May 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 21, 2024 |
Company Profile
Rulka Electricals Ltd., a company specializing in electrical and firefighting solutions, was founded in 2004. Our team consists of experienced professionals dedicated to providing top-notch services to our customers. We offer a variety of services, including engineering, installation, commissioning, project management, and maintenance for existing plants.
We supply electrical materials for commercial, industrial, residential, utility, and telecommunication projects. Our employees are eager to share their knowledge and expertise to
help you find the right equipment for your needs.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Rulka Electricals Limited |
| Phone number | +022 41276806 |
| Email ID | [email protected] |
| Website | replservices.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Rulka Electricals Limited IPO FAQs
When Rulka Electricals IPO will open?
The Rulka Electricals IPO opens on May 16, 2024 and closes on May 21, 2024.
What is the lot size of Rulka Electricals IPO?
Rulka Electricals IPO lot size is 600 Shares, and the minimum amount required is ₹141,000.
When is Rulka Electricals IPO listing date?
The Rulka Electricals IPO listing date is not yet announced. The tentative date of Rulka Electricals IPO listing is Friday, May 24, 2024.
