247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Rachana Infrastructure Limited IPO (Rachana Infrastructure IPO) Details

Rachana Infrastructure Limited is an Infrastructure based company, located in Ahmedabad, Rachana Infrastructure Limited IPO size was 76.28 Cr. and was issued at 135.00 per share. The share of Rachana Infrastructure Limited were listed at 138.55 per share and are currently trading at 35.65 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
55.61 Cr.

PAT :
1.87 Cr.

Pricing Report

Issue Price :
135.00

Listing Price :
138.55

Current Market Price :
35.65

Issue Price vs CMP :
99.35 (73.59%)

listing Price vs CMP :
102.9 (74.27%)

Performance Report (CAGR* wise)

CAGR : -39.85
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Rachana Infrastructure

Company Information
Rachana Infrastructure is one of the mid size private sector company engaged in the business of Construction of Road projects on Bill of Quantities (BOQ) and EPC basis. In the very initial periods, The Company got the contracts from the Government (Zilla Panchayat) at a very small scale. In addition, they got sub contracts from the reputed infrastructure Companies from Gujarat,Maharashtra and many other states. Over a period of time,Company got expertise in the traditional construction of Buildings, Road Construction, Irrigation, Hydro power Project and Mining. With time and experience, they started expanding Their business in the other states of the India like Maharashtra, Madhya Pradesh,Jharkhand and Himachal Pradesh. They have successfully completed many projects in various departments of Government of India. They believe they
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Object of Issue
  • Repayment of Secured Loans
  • Working capital requirement
  • General Corporate Purpose
  • Meeting Public Issue Expenses

Rachana Infrastructure SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jun, 2022
IPO Size :
76.28 Cr.
Market Cap :
256.75 Cr.   
IPO Subscription :
1.21 X     
PE Multiple :
138.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Rachana Infrastructure operates in Infrastructure and . The Issue is listed on NSE EMERGE in Jun, 2022. Rachana Infrastructure IPO size was 76.28 Cr. with Issue price of 135.00 .

Rachana Infrastructure IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rachana Infrastructure IPO listed at a listing price of 138.55 against the offer price of 135.00.

The current market price of Rachana Infrastructure is 35.65.

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