Rudra Gas Enterprise Limited IPO
₹63
2000
350.75
| Open Date: | 08-Feb-2024 |
| Close Date: | 12-Feb-2024 |
| Allotment Date: | 13-Feb-2024 |
| Listing Date: | 15-Feb-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹63 Per Equity Share |
| Issue Size: | Total Issue Size 2,248,000 shares (aggregating up to ₹14.16 Cr) : Fresh Issue 2,248,000 shares (aggregating up to ₹14.16 Cr) |
| Market Lot (Min Amount): | Retail - ₹126,000 : HNI - ₹252,000 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 1,066,000 | 1,066,000 | 2,132,000 |
| Day 1 - 22-11-23 05:00 PM | 6.05x | 31.66x | 18.87x |
| Day 2 - 23-11-23 05:00 PM | 26.26x | 116.64x | 71.51x |
| Day 3 - 24-11-23 05:00 PM | 286.62x | 404.38x | 350.75x |
| Total No. of Application: | 253,183 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 475.02x | ||
| Earning Per Share(EPS) | ₹5.78/- |
| P/E Ratio | 10.9 |
| RoNW | 44.09% |
| Net Asset Value (NAV) - Post Issue: | ₹15.21/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Oct,2023 | 4,345.39 | 3,446.81 | 247.41 |
| 31 Mar,2023 | 3,380.56 | 4,957.02 | 352.02 |
| 31 Mar,2022 | 2,804.92 | 4,395.95 | 179.41 |
| 31 Mar,2021 | 1,960.50 | 2,816.96 | 127.05 |
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.03% |
| 1. Mrs. Manjulaben Sureshbhai Patel |
| 2. Mr. Kush Sureshbhai Patel |
| 3. Mr. Kashyap Sureshbhai Patel |
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- General Corporate Purposes
Rudra Gas Enterprise Limited was founded in 2015 and is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.
The company provides services in the fields of pipeline construction, civil works, and operation and maintenance of pipeline networks in city gas distribution. The company also provides services for the installation of fiber optic cables and their maintenance.
The company has three business verticals:
- Gas pipeline projects: These include the laying of pipelines for the distribution of city gas network and the construction of associated facilities such as CNG (compressed natural gas) stations, the construction, installation, testing, and commissioning of underground pipelines, maintenance, and repair facilities, the construction and installation of gas stations and their physical infrastructure such as pipelines, valves and stations required to carry out the works in accordance with the scope and specifications of the project. The company also provides comprehensive operation and maintenance services to city gas distribution companies(CGD).
- Fiber optic cable projects: This involves the development of special cables for the transmission of data using light signals.
- Rental of construction machinery and vehicles: This includes the rental of construction machinery and vehicles to subcontractors for specific projects.
The company's customers include companies in the city gas distribution and telecommunications sectors, both in the public and private sectors.
As of October 31, 2023, the company had 512 permanent employees on the payroll of the company.
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.
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