Rulka Electricals Limited IPO

Price
₹223 - ₹235
Lot
600
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 16-May-2024
Close Date: 21-May-2024
Allotment Date: 22-May-2024
Listing Date: 24-May-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹223-235 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹141,000 : HNI - ₹282,000
Valuations

Earning Per Share(EPS)8.21/-
P/E Ratio28.62
RoNW43.85%
Net Asset Value (NAV) - Post Issue:16.89/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
29 Feb,20244,082.096,527.77565.77
31 Mar,20232,826.954,689.78280.52
31 Mar,20221,919.043,627.41112.08
31 Mar,2021982.411,960.1153.72
Promoter(s)

Pre Issue Share Holding86.28%
Post Issue Share Holding69.22%
Company Promoter(s)
1. Mr. Rupesh Laxman Kasavkar
2. Mr Nitin Indrakumar Aher
Issue Objective(s)

The company intends to utilize the proceeds of the Offer to meet the following objects: -

  1. To Meet Working Capital Requirement
  2. General Corporate Purpose
  3. To Meet the Offer Expenses
About Company

Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The company offers various services, including electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. These services cater to various sectors such as industrial, commercial, retail, and theatre.

The company's integrated operations encompass designing, supplying, installing, testing, and commissioning the project.

The company generates 100% of its revenue through Turnkey Projects, which include both material and labor along with engineering, design, and consulting services.

The company's services can be divided into the following categories:-

  • Electrical Services
  • Fire Fighting Systems
  • Security Systems
  • Public Address Systems
  • Access Control Systems
  • Audio-Video Systems Services
  • CCTV Systems Service
  • IT & Networking Services
  • Solar Systems

The company is ISO 9001:2015 certified for its quality management systems.

As of February 29th, 2024, the company has 92 employees on its payroll.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.