The Rajesh Power IPO minimum market lot is 400 shares with ₹134,000 application amount. The Rajesh Power IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Rajesh Power IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.63 | 46.39 |
| NII | 2.35 | 5.49 | 138.46 |
| RII | 2.79 | 7.01 | 31.96 |
| Total | 1.90 | 5.15 | 59.00 |
Rajesh Power IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rajesh Power IPO Review and Rating
- May Apply
Rajesh Power IPO Form
How to apply for the Rajesh Power IPO? You can apply for Rajesh Power IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rajesh Power IPO in the Invest section. The other option is you can apply for Rajesh Power IPO via IPO forms downloaded online. Check out the Rajesh Power forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
