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Rulka Electricals IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Engineering - EPC sector. Beeline Capital Advisors Private is the merchant banker of Rulka Electricals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th December 2023.
Rulka Electricals IPO open date is 16th May 2024 and close date is 21st May 2024. IPO Allotment Date is 22nd May 2024 and Listing date is 24th May 2024.
IPO
Size:
₹26.40
Cr.
Avg IPO Size (Sector Based)
: ₹
31.62 cr.
Sector: Engineering - EPC
SME IPO so far:
20
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹
71.20
cr 
PE
Ratio:
16.21x
Average Sector PE Ratio: 13.10x
Rulka Electricals IPO size is Rs 26.40 Cr. crores with IPO price of Rs 235.00 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 Rulka Electricals IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Rulka Electricals IPO.
Rulka Electricals IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| BofA Securities Europe | 60,000.00 | ₹235.00 | ₹14,100,000.00 |
| Negen Undiscovered Value | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
| Galaxy Noble Global | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
| Benani Capital - | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
| NORTH STAR OPPORTUNITIES | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
| Saint Capital Fund | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
| Eminence Global Fund | 43,200.00 | ₹235.00 | ₹10,152,000.00 |
Rulka Electricals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rulka Electricals IPO, based in Mumbai, operates in the Engineering - EPC sector with a focus on Electrical and Fire-Fighting solutions company. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Rulka Electricals IPO size is ₹ 26.40 Cr. Crores with fresh issue size of Rs 26.40 Cr. Crores and Offer for sale being 26.40..
The IPO allotment date for Rulka Electricals IPO is expected to be 22nd May 2024, after the finalization of basis of allotment. Investors can check Rulka Electricals IPO allotment status on the registrars website, Bigshare Services Private Limited. Rulka Electricals IPO refund dates are 23rd May 2024.
Rulka Electricals IPO is expected to be listed on 24th May 2024.
The upper price band for the Rulka Electricals IPO is set at ₹ 235.00 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 Rulka Electricals 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 Rulka Electricals 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 21st May 2024. After submission, funds are blocked until the basis of allotment of Rulka Electricals IPO is finalised.
The merchant banker for Rulka Electricals 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 Rulka Electricals IPO RHP for further details.
The registrar for Rulka Electricals 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 Rulka Electricals IPO through their official website or helpline.
Rulka Electricals IPO was subscribed 676.83 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Rulka Electricals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rulka Electricals Financial Review Page
Merchant Banker(s) of Rulka Electricals IPO: Beeline Capital Advisors Private Limited
Rulka Electricals IPO subscription was 676.83 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.
Rulka Electricals IPO listed at a listing price of 498.75 against the offer price of 235.00.
The current market price of Rulka Electricals is 189.60.
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