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Rappid Valves (India) Limited IPO (Rappid Valves (India) IPO) Details
Rappid Valves (India) Limited
Rappid Valves (India) IPO's overview
Rappid Valves (India) IPO is a book built issue of ₹30.41 Cr (30,40,95,600). The issue includes a fresh issue of 13.70 Lakh (13,69,800) shares aggregating to ₹30.41 Cr (30,40,95,600).
Rappid Valves (India) IPO bidding started from Sep 23, 2024 and ended on Sep 25, 2024. The allotment for Rappid Valves (India) IPO was finalized on Sep 26, 2024. The shares got listed on NSE on Sep 30, 2024.
Rappid Valves (India) IPO price band is set at ₹210 to ₹222 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹1.26 Lakh (1,26,000).
Refer to Rappid Valves (India) IPO RHP for detailed information.
IPO date
Sep 23,2024 - Sep 25,2024
Listing Date
Sep 30,2024
Face value
₹10
Price Band
₹210 to ₹222 per share
Lot
₹600 Shares
Total Issue Size
13.70 Lakh (13,69,800)
aggregating up to ₹30.41 Cr (30,40,95,600)
Fresh Issue
13.70 Lakh (13,69,800)
aggregating up to ₹30.41 Cr (30,40,95,600)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Mon, Sep 23, 2024
IPO Open
Wed, Sep 25, 2024
IPO Close
Thu, Sep 26, 2024
Basis of Allotment
Fri, Sep 27, 2024
Initiation of Refunds
Fri, Sep 27, 2024
Credit of Shares to Demat
Mon, Sep 30, 2024
Listing
Rappid Valves (India) IPO Day-wise IPO GMP Trend
Rappid Valves (India) IPO last GMP is ₹90, last updated Sep 29,2024. With the price band of 222.00, Rappid Valves (India) IPO's estimated listing price is ₹312 (cap price + today's GMP).The expected percentage gain/loss per share is 40.54%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 29-Sep-24 | 222.00 | 90 | 312(40.54%) | 29-Sep-2024 15:57 |
| 28-Sep-24 | 222.00 | 90 | 312(40.54%) | 28-Sep-2024 23:28 |
| 27-Sep-24 | 222.00 | 100 | 322(45.05%) | 27-Sep-2024 23:26 |
| 26-Sep-24 | 222.00 | 100 | 322(45.05%) | 26-Sep-2024 23:30 |
| 25-Sep-24 | 222.00 | 100 | 322(45.05%) | 25-Sep-2024 23:29 |
| 24-Sep-24 | 222.00 | 52 | 274(23.42%) | 24-Sep-2024 23:23 |
| 23-Sep-24 | 222.00 | 52 | 274(23.42%) | 23-Sep-2024 23:24 |
| 22-Sep-24 | 222.00 | 0 | 222(0.00%) | 22-Sep-2024 23:29 |
| 21-Sep-24 | 222.00 | 0 | 222(0.00%) | 21-Sep-2024 23:25 |
| 20-Sep-24 | 222.00 | 0 | 222(0.00%) | 20-Sep-2024 23:32 |
| 19-Sep-24 | 222.00 | 0 | 222(0.00%) | 19-Sep-2024 23:28 |
| 18-Sep-24 | 222.00 | 0 | 222(0.00%) | 18-Sep-2024 23:27 |
| 17-Sep-24 | 222.00 | 0 | 222(0.00%) | 17-Sep-2024 23:23 |
| 16-Sep-24 | 222.00 | 0 | 222(0.00%) | 16-Sep-2024 23:23 |
Rappid Valves (India) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 600 | ₹1.33 Lakh (1,33,200) |
Retail(Max) | 1 | 600 | ₹1.33 Lakh (1,33,200) |
HNI(Min) | 2 | 1,200 | ₹2.66 Lakh (2,66,400) |
About Rappid Valves (India) Limited
Incorporated in 2002, Rappid Valves (India) Limited primarily engages in the manufacturing of Valve solutions.
The company offers various valves, including ball, gate, globe, butterfly, check, double block, filter, and marine valves. These valves are made using ferrous and non-ferrous materials and come in sizes ranging from 15mm to 600mm to meet diverse requirements.
The company's manufacturing unit is equipped with a comprehensive range of standard machinery, including conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment, supporting a seamless manufacturing process.
The Company has also obtained various quality certifications, such as ISO 9001:2015, 14001:2015, and ISO 45001:2018.
Competitive Strengths
- Experienced and dedicated key management personnel
- Focus on Innovative and new products
- Solid knowledge base of Marine Industries
- Upgradation and expansion of manufacturing capabilities
- Expanding geographical reach by establishing sales offices in Dahej, Ahmedabad, Pune, and Noida.
- Technologically advanced manufacturing facility needed for valve production.
- Significantly expert personnel with an engineering background.
As of, June 30, 2024, the company had employed 47 personnel at its Manufacturing Plant and Registered Office.
Rappid Valves (India) IPO's documents
Rappid Valves (India) Limited Contact Details
Rappid Valves (India) Limited
Genesis Industrial Complex
Plot No. 30, Village Kolgaon
Palghar (East), Thane�401404
Phone: +91 9321463550
Email: [email protected]
Website: https://www.rappidvalves.in/
Rappid Valves (India) IPO's Promoters
The promoter of the Company is Mr. Gaurav Vijay Dalal.