The Rahee Infratech company has filed DRHP (Draft Red Herring Prospectus) with the SEBI (Securities And Exchange Board Of India) for a mixture IPO. This IPO is a combination of ₹4,200.00 million of fresh issues with 2 rs per equity share and (offer for sale) OFS of 2.7 million equity shares.
The Rahee Infratech promoter’s names like Pradeep Khaitan, Pawan Khaitan, Ravi Khaitan, Nandini Khaitan, and Shashi Khaitan and they are selling their shares in OFS and reduced their ownership from the company.
Additionally, all promoters are selling their shares in different amounts such as 519,400 shares by Pawan Khaitan, 52,500 shares by Nandini Khaitan, 1,059,843 shares sold by Pradeep Khaitan, and 314,857 shares by Shashi Khaitan.
Rahee Infratech was founded in 1948 and mainly tied up with railway civil engineering, manufacturing, and construction. The company aims to focus on the design, supply, construction, and installation tracks. All products are provided by the platforms of Indian Railways. This company has a 22.7 % turnover in manufacturing and 74.88% in construction as both counted in the main activity group. It has 965.74 crore operational revenue in FY 2024.
Rahee Infratech has unique strengths like a unique blend of unwavering commitment to excellence, and relentless pursuit of innovation, and also has strategic partnerships with Trackte, and Pandrol Limited.
Rahee Infratech IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Rahee Infratech Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹561.16 | ₹498.98 | ₹47.10 |
| 2023 | ₹789.12 | ₹720.98 | ₹52.12 |
| 2024 | ₹975.18 | ₹892.78 | ₹76.13 |
Rahee Infratech IPO Valuation – FY2024
Rahee Infratech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.99 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 22.76% |
| Net Asset Value (NAV): | ₹48.29 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| GPT Infraprojects Limited | 4.97 | 30.25 | 19.18% | 25.92 | 1024.88 Cr. |
| Rail Vikas Nigam Limited | 7.55 | 72.09 | 18.00% | 41.95 | 23074.80 Cr. |
| Ircon International Limited | 9.88 | 23.54 | 15.85% | 62.37 | 12870.52 Cr. |
| ITD Cementation India Limited | 15.93 | 35.31 | 18.33% | 86.95 | 7765.90 Cr. |
| Texmaco Rail & Engineering Limited | 3.29 | 68.19 | 4.56% | 72.09 | 3572.42 Cr. |
| Jupiter Wagons Limited | 8.24 | 64.22 | 20.74% | 38.77 | 3668.28 Cr. |
| Titagarh Rail Systems Limited | 22.46 | 58.79 | 13.35% | 168.27 | 3893.11 Cr. |
Objects of the Issue
- Funding of capital expenditure requirements of our Company towards purchase of machinery, equipment and vehicles;
- Funding the working capital requirements of our Company; and
- General corporate purposes (collectively, the “Objects”)
IPO Lead Managers aka Merchant Bankers
- IIFL Securities Limited
- Equirus Capital Private Limited
