243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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RCRS Innovations Ltd

New Delhi

Date of DRHP : 09 Aug 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

RCRS Innovations Basic Details

   Solar - Panels

Sub Sector: manufacturing of customized Lithium-ion Battery Packs and Solar PV (Photovoltaic) Modules

Exchange:
NSE Emerge

About the Company

RCRS Innovations was incorporated on August 22, 2019 by the young and enthusiast entrepreneur Mr. Aayush Goyal, at the age of 19 with a clear objective and vision To propel our world towards a sustainable and equitable future with limitless clean energy for all. RCRS Innovations is engaged in the manufacturing of customized Lithium-ion Battery Packs and Solar PV (Photovoltaic) Modules, primarily catering to the B2B sector. RCRS Innovations sell Lithium-ion Battery Packs and Solar PV Modules under the EXEGI brand. Presently, company is engaged in manufacturing of Lithium Battery Packs and Solar PV Modules with two (Unit 1 and Unit 2) of RCRS Innovations manufacturing facilities, both are located at Uttar Pradesh. Further, RCRS Innovations is a quality-focused Company and are committed to maintaining quality standards at all steps of the manufacturing cycle. The Company's manufacturing facilities are equipped with a quality control and assurance division, which conducts all necessary tests on the materials received, including raw materials used in manufacturing as well as finished goods. RCRS Innovations have dedicated quality assurance team of 5 (five) personals, who ensure compliance with our quality management systems and statutory and regulatory compliances. Quality has always been a focus area for management and is part of our organizational corporate goals. Our operations and quality management systems are certified under some of the industry’s best quality standards including ISO 9001:2015, ISO 14001:2015, BIS - IS 16046 (Part 2): 2018 / IEC 62133-2: 2017, “BIS – IS 14286: 2010/ IEC 61215: 2005, IS/IEC 61730 (Part 1): 2004 & IS/IEC 61730 (Part 2): 2004” (Applied For) reaffirming our dedication to delivering top-notch quality.

Financial Summary (Annualised Basis)

Revenue :
115.85 Cr.

PAT :
8.41 Cr.

RCRS Innovations IPO Lead Manager(s)

Corporate Capital Ventures Private Limited

RCRS Innovations IPO Registrar

Skyline Financial Services Private Limited

RCRS Innovations DRHP Details

Objects of issue

  • To meet out the working capital requirements of the company
  • Funding for capital expenditure towards purchase of new machineries
  • General Corporate Expenses.

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FAQs

RCRS Innovations Ltd operates in Solar - Panels and manufacturing of customized Lithium-ion Battery Packs and Solar PV (Photovoltaic) Modules. The Issue would be listed on SME. The registrar of the Issue is Skyline Financial Services Private Limited. The IPO type of RCRS Innovations Ltd is Book Building Process and Object of issue is

  • To meet out the working capital requirements of the company
  • Funding for capital expenditure towards purchase of new machineries
  • General Corporate Expenses.

The DRHP (Draft Red Herring Prospectus) of RCRS Innovations Ltd IPO was filed on 09 Aug 2024.

No, RCRS Innovations Ltd IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of RCRS Innovations Ltd are not available now. You can apply in RCRS Innovations Ltd IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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