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Rudra Gas Enterprise IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Oil And Gas sector. Beeline Capital Advisors Private is the merchant banker of Rudra Gas Enterprise IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th December 2023.
Rudra Gas Enterprise IPO open date is 8th February 2024 and close date is 12th February 2024. IPO Allotment Date is 13th February 2024 and Listing date is 15th February 2024.Rudra Gas Enterprise IPO size is Rs 14.16 Cr. crores with IPO price of Rs 63.00 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.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Rudra Gas Enterprise IPO. Link Intime India Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Rudra Gas Enterprise IPO.
Rudra Gas Enterprise IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rudra Gas Enterprise IPO, based in Ahmedabad, operates in the Oil And Gas sector with a focus on gas pipeline fiber cable network. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Rudra Gas Enterprise IPO size is ₹ 14.16 Cr. Crores with fresh issue size of Rs 14.16 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Rudra Gas Enterprise IPO is expected to be 13th February 2024, after the finalization of basis of allotment. Investors can check Rudra Gas Enterprise IPO allotment status on the registrars website, Link Intime India Private Limited. Rudra Gas Enterprise IPO refund dates are 14th February 2024.
Rudra Gas Enterprise IPO is expected to be listed on 15th February 2024.
The upper price band for the Rudra Gas Enterprise IPO is set at ₹ 63.00 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 Rudra Gas Enterprise 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 Rudra Gas Enterprise 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 12th February 2024. After submission, funds are blocked until the basis of allotment of Rudra Gas Enterprise IPO is finalised.
The merchant banker for Rudra Gas Enterprise IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rudra Gas Enterprise IPO RHP for further details.
The registrar for Rudra Gas Enterprise IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rudra Gas Enterprise IPO through their official website or helpline.
Rudra Gas Enterprise IPO was subscribed 350.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.16 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.86 Cr.
Sector: Oil And Gas
SME IPO so far:
5
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 59.09 cr.
PE
Ratio:
12.39x
Average Sector PE Ratio: 25.25x
Rudra Gas Enterprise IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rudra Gas Enterprise Financial Review Page
Merchant Banker(s) of Rudra Gas Enterprise IPO: Beeline Capital Advisors Private Limited
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 77.05.
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