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Rachana Infrastructure Limited IPO Review

Rachana Infrastructure Limited IPO Overview

Rachana Infrastructure Limited provides infrastructure and civil construction services. Rachana Infrastructure is a medium-sized private sector enterprise that specialized in road and highway building, irrigation, hydropower projects, mining, and pipeline development. Rachana Infrastructure Limited is extending its operations into additional Indian states such as Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan.

MPRDC-ADB Loan IV, OPAL Petrochemical Refinery Road Work at Dajeh SEZ, C.C Road Construction for MP PWD, and Vadodara-Mumbai 6 Lane Highway are among the roads projects completed by the business.

Rachana Infra Limited has an in-house integrated system and machinery for all phases of mining, from extractive of raw material from the mine through crushing and finished manufacturing of Black Trap Stone Aggregate.

Rachana Infrastructure Limited IPO Details

Rachana Infrastructure IPO Date

May 20, 2022 to May 25, 2022

Rachana Infrastructure IPO Face Value

₹10 per share

Rachana Infrastructure IPO Price

₹138 per share

Rachana Infrastructure IPO Lot Size

1000 Shares

Issue Size

5,650,000 shares of ₹10

(aggregating up to ₹77.97 Cr)

Fresh Issue

2,825,000 shares of ₹10

(aggregating up to ₹38.99 Cr)

Offer for Sale

2,825,000 shares of ₹10

(aggregating up to ₹38.99 Cr)

Issue Type

Fixed Price Issue IPO

Listing At

NSE SME

Retail Shares Offered

50% of the net offer

NII (HNI) Shares Offered

50% of the net offer

Company Promoters

Mr. Girishkumar Raval and Mrs. Bhaminiben Mehta are the company promoters.

Rachana Infrastructure Limited IPO Financial Performance

Particulars

For the year/period ended (₹ in Lakhs)

 

31-Dec-21

31-Mar-21

Total Assets

8,784.50

8,043.07

Total Revenue

4,171.07

10,705.67

Profit After Tax

139.85

455.31

Particulars

For the year/period ended (₹ in Lakhs)

 

31-Mar-20

31-Mar-19

Total Assets

10,618.21

7,981.82

Total Revenue

15,840.55

11,393.32

Profit After Tax

597.13

466.45

Rachana Infrastructure Limited IPO Key Ratios

Updated Soon

Listing Performance of Rachana Infrastructure Limited IPO

Listed On : NSE, SME

Issue Price : ₹138 per share

Listing Day Close :

Listing Day Gain :

Rachana Infrastructure Limited IPO GMP Trend

NSE :

ISIN CODE : 

BSE :

Rachana Infrastructure Limited IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Rachana Infrastructure Limited IPO Brokers Reviews & Rating

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Rachana Infrastructure Limited IPO Important Dates

Rachana Infrastructure IPO Date

May 20, 2022 to May 25, 2022

Rachana Infrastructure Limited IPO Contact Details

404, 405, 4th Floor,

Angel Complex, Nr. Income Tax Railway Crossing,

Nr. Oassis Hotel, Navrangpura, Ahmedabad – 380009

Phone: 079 – 26560327

Email: info@rachanainfra.com

Website: https://rachanainfra.com/

Rachana Infrastructure Limited IPO Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: http://www.bigshareonline.com

Rachana Infrastructure Limited IPO Subscription Details

Updated Soon.

Rachana Infrastructure Limited IPO FAQ's

The Rachana Infrastructure Limited IPO is a NSE SME IPO of ₹138 per equity share with a face value of 10 per equity share.
The issue size is priced at 5,650,000 shares of ₹10 (aggregating up to ₹77.97 Cr).
The fresh issue size priced at 2,825,000 shares of ₹10 (aggregating up to ₹38.99 Cr).
The initial public offering (IPO) begins on May 20, 2022 and ends on May 25, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.

The Rachana Infrastructure Limited IPO opens on May 20, 2022 and closes on May 25, 2022.

Rachana Infrastructure Limited IPO Market lot size is 1000 Shares and the minimum order quantity is 1000 Shares.

The finalisation of Basis of Allotment for Rachana Infrastructure Limited IPO will be done on May, 2022. and the allotted shares will be credited to your demat account by May , 2022. Check the Rachana Infrastructure Limited IPO status.

The Rachana Infrastructure Limited IPO listing date is on May, 2022.

Rachana Infrastructure Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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