Rachana Infrastructure IPO

Rachana Infrastructure IPO
Rachana Infrastructure IPO

Rachana Infrastructure Limited: Rachana Infrastructure was incorporated in 2001, the company is an Infrastructure & Construction company with almost two decades of experience in all types of infrastructure and civil construction work. Rachana Infrastructure is a mid-size private sector company. You can also check GMP OF IPO for an IPO here only.

RIL has grown from a local Ahmedabad contractor to a Pan-India up-coming infra Giant with huge projects of Roads & Irrigation works and operations in 5 states across India. Along with Government Tenders, RIL is also engaged in Private Projects of Building work, Roads work, and Industrial parks.

The company has Experience of 18 Years in Road construction, Leading Road-focused BOQ and EPC Contractor, a Highly Qualified, Loyal and Technically Experienced workforce, A large fleet of Equipment, and the Latest Machinery request for the execution of various Infrastructure Projects.

Rachana Infrastructure Limited Services:

The company is engaged in the business of construction of roads and highways, irrigation, hydropower project, mining and pipeline construction. The company is expanding business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan.

The roads project that the company has completed are OPAL Petrochemical Refinery Road work at Dajeh SEZ, C.C Road Construction for MP PWD, MPRDC- ADB Loan IV, and Vadodara-Mumbai 6 Lane Highway.

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Grey Market Premium

We recommend investors check Retail and HNI numbers before investing in IPO. Investors may apply for this IPO with risk. You can also check IPO Allotment Status from this page.

IPO Review (Apply or Avoid)

  • Risky

 

Rachana Infrastructure IPO

Rachana Infrastructure IPO: Rachana Infrastructure launching its Initial Public Offering (IPO) opening on 20 May and closing on 02 June 2022. This IPO of Approx 5,650,000 Equity Shares of the company with a face value of Rs.10 each with a price fixed at ₹135 Per Equity Share to raise  Approx 77.97 Crores from the primary offering.

Rachana Infrastructure IPO Subscription Status (Live Update)

DateNIIRetailTotal
Day 10.000.120.06
Day 20.040.210.13
Day 30.040.220.13
Day 40.090.270.18
Day 50.090.290.19
Day 60.090.310.20
Day 70.370.340.36
Day 80.470.360.42
Day 90.630.440.53
Day 100.950.490.72

Rachana Infrastructure IPO Date & Price Band

You can find all the details as well as the price band of this IPO on this page. This IPO will open on 20 May 2022 and close on 02 June 2022.

 IPO Open:20 May 2022
 IPO Close:02 June 2022
 IPO Issue Size: Approx 77.97 Crores
 Fresh Issue: Approx ₹38.14 Crores
 Offer for Sale: 2,825,000 shares of ₹10
(aggregating up to ₹38.99 Cr)
 Face Value: ₹10 Per Equity Share
 Price Band: ₹135 per share
 Listing on: NSE & SME
 Retail Quota: 50%
 NII Quota: 50%
 DRHP Draft Prospectus: Click Here
 RHP Draft Prospectus: Click Here

Rachana Infrastructure IPO Allotment, Listing & Important Dates

In this table, you will get a clear idea of When an IPO will open & close? allotment date and all important dates related to this IPO.

 IPO Open Date:20 May 2022
 IPO Close Date: 02 June 2022
 Basis of Allotment: June 2022
 Refunds: June 2022
 Credit to Demat Account: June 2022
 IPO Listing Date:June 2022

Rachana Infrastructure IPO Lot Size / Market Lot

 Minimum Lot Size:Minimum 1000 Shares for 1 lot
 Minimum Amount:₹ 135,000 for 1 lot

Rachana Infrastructure Company Details & Financials

Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.

Rachana Infrastructure Company Address

Rachana Infrastructure Limited
404, 405, 4th Floor,
Angel Complex, Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel, Navrangpura, Ahmedabad – 380009
Phone: 079 – 26560327
Email: [email protected]
Website: https://rachanainfra.com/

Rachana Infrastructure Company Financial Reports ( ₹ in Crores )

YearIncomeExpensePAT
2019₹114₹108₹4.66
2020₹158₹150₹5.97
2021₹107₹102₹4.55
2022 9M₹42₹40₹1.40

Rachana Infrastructure IPO Promoter Holding

Pre Issue Share Holding83.44%
Post Issue Share Holding%

Rachana Infrastructure IPO Valuation – FY2021

Earning Per Share (EPS): ₹2.89 per Equity Share
 Price/Earning P/E Ratio:47.75
 Return on Net Worth (RoNW): 11.63%
 Net Asset Value (NAV): ₹24.82 per Equity Share

Rachana Infrastructure Company Promoter

  • Mr. Girishkumar Raval
  • Mrs. Bhaminiben Mehta

Rachana Infrastructure IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Rachana Infrastructure IPO Allotment Status

You can check the IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.

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