214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Rudra Gas Enterprise IPO (Rudra Gas Enterprise Limited IPO) Detail

Rudra Gas Enterprise Limited is an Oil And Gas based company, located in Ahmedabad, Rudra Gas Enterprise Limited IPO size was 14.16 Cr. and was issued at 63.00 per share. The share of Rudra Gas Enterprise Limited were listed at 125.68 per share and are currently trading at 82.38 per share.

Type :
Sub Sector : Gas Pipeline Fiber Cable Network
SME IPO
BSE SME

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

Revenue :
59.09 Cr.

PAT :
4.23 Cr.

Pricing Report

Issue Price :
63.00

Listing Price :
125.68

Current Market Price :
82.38

Issue Price vs CMP :
19.38 (30.76%)

listing Price vs CMP :
43.3 (34.45%)

Performance Report (CAGR* wise)

CAGR : 17.66
-ve 0 6 9 12+
Above Average

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

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Rudra Gas Enterprise

Company Information
Rudra Gas Enterprise was started by their promoters Mr. Kush Sureshbhai Patel, Mr. Kashyap Sureshbhai Patel and Mrs. Manjulaben Sureshbhai Patel. Their promoters have combined experience of more than 24 years in infrastructure industry. Driven by the passion for building an integrated pipeline projects company, backed by the experience, their promoter has been the pillars of the Company’s growth and has built a strong value system for the Company. The company is engaged in various facets of the infrastructure sector. They are mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicles. They provide end-to-end solutions for the city gas distribution sector. Their expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city
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Object of Issue
  • To Meet Working Capital Requirements
  • General Corporate Purposes

Rudra Gas Enterprise SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2024
IPO Size :
14.16 Cr.
Market Cap :
52.53 Cr.   
IPO Subscription :
350.75 X     
PE Multiple :
12.39
Anchor Investors:
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FAQs

Rudra Gas Enterprise operates in Oil And Gas and Gas Pipeline Fiber Cable Network. The Issue is listed on BSE SME in Feb, 2024. Rudra Gas Enterprise IPO size was 14.16 Cr. with Issue price of 63.00 .

Rudra Gas Enterprise IPO subscription was 350.75 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.

Rudra Gas Enterprise IPO listed at a listing price of 125.68 against the offer price of 63.00.

The current market price of Rudra Gas Enterprise is 82.38.

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