Rulka Electricals is in business as turn key projects contractor engaged in offering solutions for all types of Electrical & Fire Fighting Turnkey Projects. The company offers a wide range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting, and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail and Theatre sector. They offer electrical contracting services for all types of industrial plants.
They have integrated operations that involve the Designing, Supplying, Installation, Testing & Commissioning of the project. They also maintain the projects as per the Requirements. They have completed Warehouse projects across the country. Also, they have completed Retail Stores projects, theatres projects across the country & many more Hospitals & Hospitality.
As part of their ongoing commitment to delivering comprehensive solutions and ensuring the longevity of the systems they install, they provide Operations and Maintenance (O&M) services, specifically tailored for electrical and fire-fighting systems. The O&M services are designed to proactively address the needs of their Client’s systems, offering a range of services including routine inspections, preventive maintenance, prompt issue resolution, and emergency response.
Objects of the Issue:
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Offer Expenses
Rulka Electricals IPO Review
- May Apply
Rulka Electricals IPO Date & Price Band Details
| IPO Open: | May 16, 2023 |
| IPO Close: | May 21, 2023 |
| IPO Size: | Approx ā¹26.40 Crores, 1,123,200 Equity Shares |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹223 to ā¹235 Per Equity Share |
| Fresh Issue: | Approx ā¹19.80 Crores, 842,400 Equity Shares |
| Offer for Sale: | Approx ā¹6.60 Crores, 280,800 Equity Shares |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Rulka Electricals IPO Market Lot
The Rulka Electricals IPO minimum market lot is 600 shares with a ā¹141,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ā¹141,000 |
| Retail Maximum | 1 | 600 | ā¹141,000 |
| S-HNI Minimum | 2 | 1200 | ā¹282,000 |
Rulka Electricals IPO Dates
The Rulka Electricals IPO date is May 16 and the IPO close date is May 21. The IPO allotment date is May 22 and the IPO might list on May 24.
| IPO Open Date: | May 16, 2023 |
| IPO Close Date: | May 21, 2023 |
| Basis of Allotment: | May 22 2023 |
| Refunds: | May 23, 2023 |
| Credit to Demat Account: | May 23, 2023 |
| IPO Listing Date: | May 24, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Rulka Electricals IPO Form
How to apply Rulka Electricals IPO? You can apply Rulka Electricals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rulka Electricals IPO in the Invest section. The other option you can apply Rulka Electricals IPO via IPO forms download via the NSE website. Check out the Rulka Electricals forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Rulka Electricals Company Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ā¹19.60 | ā¹18.87 | ā¹0.54 |
| 2022 | ā¹36.27 | ā¹34.37 | ā¹1.12 |
| 2023 | ā¹46.90 | ā¹43.29 | ā¹2.81 |
| Feb 2024 | ā¹65.28 | ā¹57.71 | ā¹5.66 |
Rulka Electricals IPO Valuation – FY2023
Check Rulka Electricals 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): | ā¹8.50 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 50.33% |
| Net Asset Value (NAV): | ā¹16.89 per Equity Share |
Peer Group
- HEC Infra Projects Limited
Company Promoters
- Mr. Rupesh Laxman Kasavkar
- Mr Nitin Indrakumar Aher
Rulka Electricals IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Rulka Electricals IPO Allotment Status
Check Rulka Electricals IPO allotment status on Bigshare website URL. Click Here
Rulka Electricals IPO Lead Managers aka Merchant Bankers
- Beeline Broking Ltd
Company Address
Rulka Electricals Limited
A – 20, Shiva Industrial Estate Co. Ltd.,
Lake Road, Near Tata Power, Bhandup West
Mumbai City, Mumbai- 400078,
Phone: +022 41276806
Email: [email protected]
Website: https://www.replservices.com/




