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.
GMPOFIPO View
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)
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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)
| Date | NII | Retail | Total |
|---|---|---|---|
| Day 1 | 0.00 | 0.12 | 0.06 |
| Day 2 | 0.04 | 0.21 | 0.13 |
| Day 3 | 0.04 | 0.22 | 0.13 |
| Day 4 | 0.09 | 0.27 | 0.18 |
| Day 5 | 0.09 | 0.29 | 0.19 |
| Day 6 | 0.09 | 0.31 | 0.20 |
| Day 7 | 0.37 | 0.34 | 0.36 |
| Day 8 | 0.47 | 0.36 | 0.42 |
| Day 9 | 0.63 | 0.44 | 0.53 |
| Day 10 | 0.95 | 0.49 | 0.72 |
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 )
| Year | Income | Expense | PAT |
| 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 Holding | 83.44% |
| 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.