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Rajesh Power Services IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Power And Energy sector. Isk Advisors Private is the merchant banker of Rajesh Power Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th August 2024.
Rajesh Power Services IPO open date is 25th November 2024 and close date is 27th November 2024. IPO Allotment Date is 28th November 2024 and Listing date is 2nd December 2024.Rajesh Power Services IPO size is Rs 160.47 Cr. crores with IPO price of Rs 335.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Isk Advisors Private Limited is the book-running lead manager of the Rajesh Power Services IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Rajesh Power Services IPO.
Rajesh Power Services IPO anchor investors are the below investors. The number of anchor investors in this IPO is 17.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Moneywise Financial Services | 284,000.00 | ₹335.00 | ₹95,140,000.00 |
| Negen Undiscovered Value | 180,000.00 | ₹335.00 | ₹60,300,000.00 |
| India Equity Fund | 89,600.00 | ₹335.00 | ₹30,016,000.00 |
| Imap India Capital | 64,000.00 | ₹335.00 | ₹21,440,000.00 |
| Craft Emerging Market | 60,000.00 | ₹335.00 | ₹20,100,000.00 |
| Vikasa India EIF | 60,000.00 | ₹335.00 | ₹20,100,000.00 |
| Paradise Moon Investment | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| Visionary Value Fund | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| Next Orbit Ventures | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| Matterhorn India Fund | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| CCV EMERGING OPPORTUNITIES | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| Nova Global Opportunities | 30,000.00 | ₹335.00 | ₹10,050,000.00 |
| TGISME Fund | 89,600.00 | ₹335.00 | ₹30,016,000.00 |
| YR Investment Opportunities | 89,600.00 | ₹335.00 | ₹30,016,000.00 |
| Niveshaay Hedgehogs Fund | 119,600.00 | ₹335.00 | ₹40,066,000.00 |
| Vbcube Ventures Fund | 60,000.00 | ₹335.00 | ₹20,100,000.00 |
| Vijit Growth Fund | 60,000.00 | ₹335.00 | ₹20,100,000.00 |
Rajesh Power Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rajesh Power Services IPO, based in Ahmedabad, operates in the Power And Energy sector with a focus on business of providing all sort of services for renewable and non-renewable energy sectors. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Rajesh Power Services IPO size is ₹ 160.47 Cr. Crores with fresh issue size of Rs 160.47 Cr. Crores and Offer for sale being 160.47..
The IPO allotment date for Rajesh Power Services IPO is expected to be 28th November 2024, after the finalization of basis of allotment. Investors can check Rajesh Power Services IPO allotment status on the registrars website, Bigshare Services Private Limited. Rajesh Power Services IPO refund dates are 29th November 2024.
Rajesh Power Services IPO is expected to be listed on 2nd December 2024.
The upper price band for the Rajesh Power Services IPO is set at ₹ 335.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rajesh Power Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rajesh Power Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th November 2024. After submission, funds are blocked until the basis of allotment of Rajesh Power Services IPO is finalised.
The merchant banker for Rajesh Power Services IPO is Isk Advisors Private Limited . Isk Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rajesh Power Services IPO RHP for further details.
The registrar for Rajesh Power Services IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rajesh Power Services IPO through their official website or helpline.
Rajesh Power Services IPO was subscribed 59.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 160.47 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.61 Cr.
Sector: Power And Energy
SME IPO so far:
8
Merchant Banker:
Isk Advisors
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 635.70 cr.
PE
Ratio:
10.90x
Average Sector PE Ratio: 17.25x
Rajesh Power Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rajesh Power Services Financial Review Page
Merchant Banker(s) of Rajesh Power Services IPO: Isk Advisors Private Limited
Rajesh Power Services IPO subscription was 59.00 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.
Rajesh Power Services IPO listed at a listing price of 668.30 against the offer price of 335.00.
The current market price of Rajesh Power Services is 957.20.
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