Rajesh Power IPO GMP, Grey Market Premium Today

By Jagat Joshi

December 2, 2024

Rajesh Power Services IPO is to open on November 25. Rajesh Power Services is a SME IPO to raise ₹67 crores via IPO. The Rajesh Power Services IPO price band is fixed at ₹320 to ₹335 with a market lot of 400 Shares. 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 GMP Live Rates day by day with Kostak rates.

Date	IPO GMP	GMP Trend	Kostak	Subject to
2 December	₹140		₹-	₹40,000
30 November	₹105		₹-	₹30,000
29 November	₹95		₹-	₹20,000
28 November	₹80		₹-	₹25,000
27 November	₹60		₹-	₹20,000
26 November	₹70		₹-	₹20,000
25 November	₹90		₹-	₹25,000
23 November	₹105		₹-	₹30,000
22 November	₹111		₹-	₹30,000
21 November	₹111		₹-	₹30,000
20 November	₹80		₹-	₹25,000
19 November	₹-	-	₹-	₹-
18 November	₹-	-	₹-	₹-
16 November	₹-	-	₹-	₹-

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 Dates

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

Rajesh Power Services IPO GMP aka Grey Market Premium FAQs:

What is Rajesh Power Services IPO GMP Today?

Rajesh Power Services IPO GMP is ₹140 as of today.

What is Rajesh Power Services IPO Kostak Rate Today?

Rajesh Power Services IPO Kostak Rate is ₹- as of today.

What is Rajesh Power Services IPO Subject to Sauda Today?

Rajesh Power Services IPO Subject to Sauda is ₹40,000 as of today.

What is Rajesh Power Services IPO Expected Returns?

Rajesh Power Services IPO Expected Returns is 42%.

Disclaimer:

IPO Grey Market Premium (Rajesh Power Services IPO GMP) mention is valid for the specific date as mentioned in the header.
We are not buying and selling IPO forms on IPO Grey Market.
Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.