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Rajesh Power Services Limited IPO (Rajesh Power Services Limited IPO ) Details
Rajesh Power Services Limited
Rajesh Power Services Limited IPO 's overview
Rajesh Power Services Limited IPO is a book built issue of ₹160.47 Cr (1,60,46,50,000). The issue is a combination of fresh issue of 27.90 Lakh (27,90,000) shares aggregating to ₹93.47 Cr (93,46,50,000) and offer for sale of 20.00 Lakh (20,00,000) shares aggregating to ₹67.00 Cr (67,00,00,000).
Rajesh Power Services Limited IPO bidding started from Nov 25, 2024 and ended on Nov 27, 2024. The allotment for Rajesh Power Services Limited IPO was finalized on Nov 28, 2024. The shares got listed on NSE, BSE on Dec 02, 2024.
Rajesh Power Services Limited IPO price band is set at ₹320 to ₹335 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹1.28 Lakh (1,28,000).
Refer to Rajesh Power Services Limited IPO RHP for detailed information.
IPO date
Nov 25,2024 - Nov 27,2024
Listing Date
Dec 02,2024
Face value
₹10
Price Band
₹320 to ₹335 per share
Lot
₹400 Shares
Total Issue Size
47.90 Lakh (47,90,000)
aggregating up to ₹160.47 Cr (1,60,46,50,000)
Fresh Issue
27.90 Lakh (27,90,000)
aggregating up to ₹93.47 Cr (93,46,50,000)
Offer for sale
20.00 Lakh (20,00,000)
aggregating up to ₹67.00 Cr (67,00,00,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSEBSE
Pre Issue Size
1.52 Cr (1,52,17,392)
Post Issue Size
1.80 Cr (1,80,07,392)
Mon, Nov 25, 2024
IPO Open
Wed, Nov 27, 2024
IPO Close
Thu, Nov 28, 2024
Basis of Allotment
Fri, Nov 29, 2024
Initiation of Refunds
Fri, Nov 29, 2024
Credit of Shares to Demat
Mon, Dec 02, 2024
Listing
Rajesh Power Services Limited IPO Day-wise IPO GMP Trend
Rajesh Power Services Limited IPO last GMP is ₹140, last updated Dec 01,2024. With the price band of 335.00, Rajesh Power Services Limited IPO 's estimated listing price is ₹475 (cap price + today's GMP).The expected percentage gain/loss per share is 41.79%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 01-Dec-24 | 335.00 | 140 | 475(41.79%) | 1-Dec-2024 14:31 |
| 30-Nov-24 | 335.00 | 140 | 475(41.79%) | 30-Nov-2024 22:30 |
| 29-Nov-24 | 335.00 | 126 | 461(37.61%) | 29-Nov-2024 22:30 |
| 28-Nov-24 | 335.00 | 98 | 433(29.25%) | 28-Nov-2024 22:30 |
| 27-Nov-24 | 335.00 | 81 | 416(24.18%) | 27-Nov-2024 22:30 |
| 26-Nov-24 | 335.00 | 60 | 395(17.91%) | 26-Nov-2024 22:32 |
| 25-Nov-24 | 335.00 | 70 | 405(20.90%) | 25-Nov-2024 22:28 |
| 24-Nov-24 | 335.00 | 90 | 425(26.87%) | 24-Nov-2024 22:25 |
| 23-Nov-24 | 335.00 | 90 | 425(26.87%) | 23-Nov-2024 22:26 |
| 22-Nov-24 | 335.00 | 90 | 425(26.87%) | 22-Nov-2024 22:29 |
| 21-Nov-24 | 335.00 | 111 | 446(33.13%) | 21-Nov-2024 22:24 |
| 20-Nov-24 | 335.00 | 111 | 446(33.13%) | 20-Nov-2024 22:30 |
| 19-Nov-24 | 335.00 | 50 | 385(14.93%) | 19-Nov-2024 22:31 |
| 18-Nov-24 | 335.00 | 0 | 335(0.00%) | 18-Nov-2024 22:31 |
| 17-Nov-24 | 335.00 | 0 | (0.00%) | 17-Nov-2024 05:03 |
| 16-Nov-24 | 335.00 | 0 | (0.00%) | 16-Nov-2024 09:32 |
Rajesh Power Services Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 400 | ₹1.34 Lakh (1,34,000) |
Retail(Max) | 1 | 400 | ₹1.34 Lakh (1,34,000) |
SHNI(Min) | 2 | 800 | ₹2.68 Lakh (2,68,000) |
Rajesh Power Services Limited IPO Financial Information (Restated Consolidated)
| Label | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Assets | 33,822.42 | 24,039.00 | 19,823.38 | 17,562.82 |
| Revenue | 31,785.09 | 29,506.07 | 21,117.57 | 14,936.84 |
| Profit After Tax | 2,768.25 | 2,602.29 | 675.15 | 344.60 |
| Net Worth | 11,122.22 | 8,430.05 | 5,865.80 | 5,228.69 |
| Reserves and Surplus | 9,600.48 | 6,908.31 | 4,344.06 | 3,706.95 |
| Total Borrowing | 7,973.04 | 7,767.08 | 5,971.20 | 6,243.33 |
| Rajesh Power Services Limited Financial Information | ||||
About Rajesh Power Services Limited
Founded in 1971, Rajesh Power Services Limited (RPSL) is a leading EPC contractor specializing in power transmission and distribution services. The company offers consultancy and execution services to state transmission and distribution companies, private utilities, and industries across renewable and non-renewable energy sectors.
Core Services
- EHV Transmission and Distribution:
- EHV Underground Cables and Transmission Lines.
- EHV AIS/GIS Substations (including Civil Works).
- HV/MV/LV Services:
- Underground Cable Laying.
- Overhead MVCC Conductor Installation.
- Distribution Network Revamping:
- Turnkey projects including Substations, RMUs, Transformers, and Cables.
- Solar Power Infrastructure:
- Power Supply Arrangement Projects for Solar Plants.
- Operation and Maintenance:
- EHV, HV, MV, and LV Substations.
- Transmission and Distribution Networks.
Strategic Investments
RPSL has invested in HKRP Innovations Limited, which offers cutting-edge IT solutions for the energy sector. HKRP focuses on:
- IoT and Cloud-Based Energy Solutions: Tools for power grids and renewable energy.
- Smart Feeder Management System (SFMS).
- Virtual Feeder Segregation (VFS).
- Real-Time Monitoring System for Oil Wells (RTMS).
- Solar Energy Data Management (SEDM).
Key Clients
RPSL serves a wide range of high-profile clients, including:
- GIFT City, Gandhinagar.
- Gujarat Metro Rail Corporation Ltd..
- Adani Renewables.
- Reliance Industries Limited.
- Torrent Power Ltd..
- Hindustan Coca Cola.
- Sabar Dairy, Himmatnagar, among others.
Competitive Strengths
- Established Reputation: Over 50 years of experience in power transmission and distribution.
- Financial Stability: Consistent financial growth with healthy profit margins.
- Strong EPC Expertise: Completed numerous successful projects in the power sector.
- Renewable Energy Focus: Strategic plans for expansion in solar energy and hydrogen electrolyzers.
- Skilled Workforce: As of April 1, 2024, RPSL employs 940 professionals across various departments.
Future Outlook
With its strong foundation, technological investments, and focus on renewable energy, RPSL is well-positioned to capitalize on emerging opportunities in the energy transition space. Their expertise in EPC contracting and partnerships with innovative companies like HKRP Innovations Limited enhance their competitive edge in both traditional and renewable energy markets.
Rajesh Power Services Limited IPO 's documents
Rajesh Power Services Limited Contact Details
380/3, Siddhi House, Opp. Lal Bunglows
B/H Sasuji Dinning Hall, Off C.G. Road,
Navrangpura Ahmedabad – 380006,
Phone: +91 6358736465
Email: [email protected]
Website: https://www.rajeshpower.com/
Rajesh Power Services Limited IPO 's Promoters
The promoters of the company are Mr. Rajendra Baldevbhai Patel, Mr. Kurang Ramchandra Panchal, Mr. Kaxil Prafulbhai Patel And Mr. Utsav Nehal Panchal.