Rudra Gas Enterprise IPO Date, Review, Price, Allotment Details

Rudra Gas Enterprise IPO Details: Rudra Gas Enterprise IPO date is fixed, The IPO will open on February 8 and will close on February 12. Rudra Gas Enterprise is a BSE SME IPO to raise ₹14.16 crores via IPO. The Rudra Gas Enterprise IPO price band is fixed at ₹63 with a market lot of 2000 shares.

Rudra Gas Enterprise IPO

Table of Contents

Rudra Gas Enterprise is engaged in various facets of the infrastructure sector. They are mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles. They provide end-to-end solutions for the city gas distribution sector. Their expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution. Their services ensure the safe and efficient transportation of vital resources such as Compressed Natural Gas (“CNG”) and Piped Natural Gas (“PNG”). In the Fiber cable network sector, the company offers services of installations of optical Fiber cable and maintenance thereof. Their commitment to reliability and quality makes us a trusted partner in these vital sectors. Their main focus is on delivering projects promptly while upholding the highest standards of safety. They understand the importance of completing projects on schedule, meeting deadlines, and ensuring the well-being of their workforce, stakeholders, and the surrounding communities.

Their client base comprises established players in the city gas distribution industry and telecommunication industry, both in the public and private sectors. Their Company has grown significantly during the past, under the leadership and guidance of their Promoters, as they hold the technical experience in the gas pipeline infrastructure industry and are the guiding force behind the successful execution of their business strategies over the years.


Over the years, they have successfully executed more than 50 projects their major completed projects quantify to approximately ₹ 12,708 Lakhs. Their execution capabilities have grown significantly with time, both in terms of the size of projects that they bid for and execute, and the number of projects that they execute simultaneously.

Their Company has demonstrated a prominent presence in the execution of pipeline projects and has developed significant expertise and competencies in this field. Their Company aims to leverage its strength and continue expansion into the sector which will put the Company on to desired growth trajectory.


Objects of the Issue:

  • To Meet Working Capital Requirements
  • General Corporate Purposes

Rudra Gas Enterprise IPO Review

  • Apply

Rudra Gas Enterprise IPO Date & Price Band Details

IPO Open:February 8, 2024
IPO Close:February 12, 2024
IPO Size:Approx ₹14.16 Crores, 2,248,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹63 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Rudra Gas Enterprise IPO Market Lot

The Rudra Gas Enterprise IPO minimum market lot is 2000 shares with a ₹126,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹126,000
Retail Maximum12000₹126,000
S-HNI Minimum24000₹252,000

Rudra Gas Enterprise IPO Dates

The Rudra Gas Enterprise IPO date is February 8 and the IPO close date is February 12. The IPO allotment date is February 13 and the IPO might list on February 15.

IPO Open Date:February 8, 2024
IPO Close Date:February 12, 2024
Basis of Allotment:February 13, 2024
Refunds:February 14, 2024
Credit to Demat Account:February 14, 2024
IPO Listing Date:February 15, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Rudra Gas Enterprise IPO Form

How to apply Rudra Gas Enterprise IPO? You can apply Rudra Gas Enterprise IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rudra Gas Enterprise IPO in the Invest section. The other option you can apply Rudra Gas Enterprise IPO via IPO forms download via the BSE website. Check out the Rudra Gas Enterprise forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Rudra Gas Enterprise Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹28.17₹26.35₹1.27
2022₹43.96₹41.46₹1.79
2023₹49.57₹44.83₹3.52
2023 6M₹34.47₹31.16₹2.47

Rudra Gas Enterprise IPO Valuation – FY2023

Check Rudra Gas Enterprise 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):₹6.71 per Equity Share
Price/Earning P/E Ratio:9.39
Return on Net Worth (RoNW):44.09%
Net Asset Value (NAV):₹15.21 per Equity Share

Peer Group

  • Likhitha Infrastructure Limited

Company Promoters

  • Mrs. Manjulaben Sureshbhai Patel
  • Mr. Kush Sureshbhai Patel
  • Mr. Kashyap Sureshbhai Patel

Rudra Gas Enterprise IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Rudra Gas Enterprise IPO Allotment Status

Check Rudra Gas Enterprise IPO allotment status on Link Intime website URL. Click Here

Rudra Gas Enterprise IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

Rudra Gas Enterprise Limited
B-702, The Capital Building,
Science City Road, Opp. Hetarth Party Plot,
Sola, Ahmedabad-380060
Phone: +91 98751 39472
Email: [email protected]
Website: https://www.rudragasenterprise.com/

Rudra Gas Enterprise IPO FAQs


What is Rudra Gas Enterprise IPO?

Rudra Gas Enterprise IPO is a BSE SME IPO. They are going to raise ₹14.16 Crores via IPO. The issue is priced at ₹63 per equity share. The IPO is to be listed on BSE.

When Rudra Gas Enterprise IPO will open?

The IPO is to open on February 8, 2024 for NII, and Retail Investors.

What is Rudra Gas Enterprise IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Rudra Gas Enterprise IPO?

You can apply Rudra Gas Enterprise IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Rudra Gas Enterprise IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rudra Gas Enterprise”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Rudra Gas Enterprise IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rudra Gas Enterprise”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Rudra Gas Enterprise IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rudra Gas Enterprise”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Rudra Gas Enterprise IPO Size?

Rudra Gas Enterprise IPO size is ₹14.16 crores.

What is Rudra Gas Enterprise IPO Price Band?

Rudra Gas Enterprise IPO Price Band is ₹63 per equity share.

What is Rudra Gas Enterprise IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹126,000.

What is Rudra Gas Enterprise IPO Allotment Date?

Rudra Gas Enterprise IPO allotment date is February 13, 2024.

What is Rudra Gas Enterprise IPO Listing Date?

Rudra Gas Enterprise IPO listing date is February 15, 2024. The IPO to list on BSE SME.

Note: The Rudra Gas Enterprise IPO details are announced officially. The IPO grey market premium (Rudra Gas Enterprise IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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