Rajesh Power Services Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-11-2024 | 27-11-2024 | 10 per share | 0 | 400 Shares | Isk Advisors Pvt Ltd (Past IPO Performance) | 4,790,000 shares (aggregating up to ₹160.47 Cr) | 2024-11-28 00:00:00 | 2024-11-29 00:00:00 | 2024-11-29 00:00:00 | 02-12-2024 |
About The Company
Rajesh Power Services IPO is a book built issue of Rs 160.47 crores. The issue is a combination of fresh issue of 27.9 lakh shares aggregating to Rs 93.47 crores and offer for sale of 20 lakh shares aggregating to Rs 67.00 crores.
Rajesh Power Services IPO opens for subscription on November 25, 2024 and closes on November 27, 2024. The allotment for the Rajesh Power Services IPO is expected to be finalized on Thursday, November 28, 2024. Rajesh Power Services IPO will list on BSE SME with tentative listing date fixed as Monday, December 2, 2024.
Rajesh Power Services 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 ₹134,000. The minimum lot size investment for HNI is 2 lots (800 shares) amounting to ₹268,000.
Isk Advisors Pvt Ltd is the book running lead manager of the Rajesh Power Services IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Rajesh Power Services IPO is Sunflower Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-09-2024 | 33822 | 31785 | 2768 | 11122.22 | 9600.48 | 7973.04 |
| 31-03-2023 | 19823 | 21118 | 675 | 5865.8 | 4344.06 | 5971.2 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | 134000 |
| Retail (MAX) | 1 | 400 | 1340000 |
| HNI (Min) | 2 | 800 | 268000 |
IPO Listing Details
| Listing Date | 02-12-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Mr. Rajendra Baldevbhai Patel, Mr. Kurang Ramchandra Panchal, Mr. Kaxil Prafulbhai Patel And Mr. Utsav Nehal Panchal.
Contact Information of the Company
Rajesh Power Services Limited
380/3, Siddhi House, Opp. Lal Bunglows
B/H Sasuji Dinning Hall, Off C.G. Road,
Navrangpura Ahmedabad - 380006,
Phone: +91 6358736465
Email: cs@rajeshpower.com
Website: https://www.rajeshpower.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
BSE SME