Rajesh Power Services IPO Details
| IPO Open Date: | November 25, 2024 |
| IPO Close Date: | November 27, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹320 to ₹335 Per Share |
| Issue Size: | Approx ₹160.47 Crores |
| Fresh Issue: | Approx ₹93.47 Crores |
| Offer for Sale: | Approx 2,000,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Rajesh Power Services IPO Market Lot
The Rajesh Power Services IPO minimum market lot is 400 shares with ₹134,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 400 | ₹134,000 |
| Retail Maximum | 1 | 400 | ₹134,000 |
| S-HNI Minimum | 2 | 800 | ₹268,000 |
Rajesh Power Services IPO Dates
The Rajesh Power Services IPO date is November 25 and the close date is November 27. The Rajesh Power Services IPO allotment will be finalized on November 28 and the IPO listing on December 2.
| IPO Open Date: | November 25, 2024 |
| IPO Close Date: | November 27, 2024 |
| Basis of Allotment: | November 28, 2024 |
| Refunds: | November 29, 2024 |
| Credit to Demat Account: | November 29, 2024 |
| IPO Listing Date: | December 2, 2024 |
Promoters of Rajesh Power Services IPO
The promoters of the company are Mr. Rajendra Baldevbhai Patel, Mr. Kurang Ramchandra Panchal, Mr. Kaxil Prafulbhai Patel And Mr. Utsav Nehal Panchal.
About Rajesh Power Services IPO
Rajesh Power Services Limited was organized in 1947 and built the capacities to develop the specialization to build, operate, and Preserve solar power plants all over western India. Not only built solar power but also handled substantial projects and a wide variety of solutions including design, consultancy, procurement, execution, testing, and commissioning all onTurkey Basic. Additionally, the promoters of this company Mr. Kurang Ramchandra Panchal and Mr. Rajendra Baldevbhai Patel have prolonged experience and have various plans to grow this company by exploring different opportunities in current field and renewable energy, like solar power. Revenue of 31 Sep 2024 is 31,785.09 and PAT(Profit After Tax) is 2,768.25. It has invested in HKRP Innovations Limited (HKRP), a company that provides tailored IT solutions for the energy sector. The company plans to raise more funds by launching an IPO worth ₹160.47 crores.
Rajesh Power Services IPO Company Financial Report
The company reported revenue of ₹284.97 crores in 2024 against ₹207.18 crore in 2023. The company reported Profit of ₹26.02 crores in 2024 against Profit of ₹6.75 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹146.81 | ₹144.97 | ₹3.45 | ₹175.63 |
| 2023 | ₹207.18 | ₹202.58 | ₹6.75 | ₹198.23 |
| 2024 | ₹284.97 | ₹261.00 | ₹26.02 | ₹240.39 |
Rajesh Power Services IPO Valuation – FY2024
Check Rajesh Power Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.41% |
| ROCE: | 29.99% |
| EBITDA Margin: | 10.84% |
| PAT Margin: | 9.13% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹17.10 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.87% |
| Net Asset Value (NAV): | ₹55.40 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Advait Infratech Limited | 21.45 | 88.68 | 28.65% | 73.00 | 207.44 Cr. |
| Kay cee Energy and Infra Limited | 7.61 | 42.49 | 14.67% | 40.72 | 64.47 Cr. |
| Viviana Power Tech Limited | 10.96 | 74.08 | 26.73% | 41.02 | 65.53 Cr. |
Objects of the Issue
- Capital Expenditure:
- Purchase of cable identification, testing and fault location equipments
- Setting up of DC Solar Power Plant having a capacity of 1300 KW;
- Inhouse development of Technical Expertise in the Production of Green Hydrogen and associated equipment such as Electrolysers
- Additional Working Capital Requirement
- General Corporate Purposes.
Rajesh Power Services IPO Review
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Rajesh Power Services IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Isk Advisors Pvt Ltd
Company Address
Rajesh Power Services Limited
380/3, Siddhi House, Opp. Lal Bunglows
B/H Sasuji Dinning Hall, Off C.G. Road,
Navrangpura Ahmedabad – 380006,
Phone: +91 6358736465
Email: [email protected]
Website: https://www.rajeshpower.com/
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