Rulka Electricals IPO Date, Review, Price, Allotment Details

Rulka Electricals IPO Details: Rulka Electricals IPO date is fixed, The IPO will open on May 16 and will close on May 21. Rulka Electricals is a NSE SME IPO to raise ₹26.40 crores via IPO. The Rulka Electricals IPO price band is fixed at ₹223 to ₹235 with a market lot of 600 shares.

Rulka Electricals IPO

Table of Contents

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 ₹26.40 Crores, 1,123,200 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹223 to ₹235 Per Equity Share
Fresh Issue:Approx ₹19.80 Crores, 842,400 Equity Shares
Offer for Sale:Approx ₹6.60 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 ₹141,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹141,000
Retail Maximum1600₹141,000
S-HNI Minimum21200₹282,000

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

₹ in Crores
YearRevenueExpensePAT
2021₹19.60₹18.87₹0.54
2022₹36.27₹34.37₹1.12
2023₹46.90₹43.29₹2.81
Feb 2024₹65.28₹57.71₹5.66

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):₹8.50 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):50.33%
Net Asset Value (NAV):₹16.89 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/

Rulka Electricals IPO FAQs


What is Rulka Electricals IPO?

Rulka Electricals IPO is an NSE SME IPO. They are going to raise ₹26.40 Crores via IPO. The issue is priced at ₹223 to ₹235 per equity share. The IPO is to be listed on NSE.

When Rulka Electricals IPO will open?

The IPO is to open on May 16, 2023 for QIB, NII, and Retail Investors.

What is Rulka Electricals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Rulka Electricals IPO?

You can apply Rulka Electricals 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 Rulka Electricals 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 “Rulka Electricals”. 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 Rulka Electricals IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rulka Electricals”. 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 Rulka Electricals IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rulka Electricals”. 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 Rulka Electricals IPO Size?

Rulka Electricals IPO size is ₹26.40 crores.

What is Rulka Electricals IPO Price Band?

Rulka Electricals IPO Price Band is ₹223 to ₹235 per equity share.

What is Rulka Electricals IPO Minimum and Maximum Lot Size?

The IPO bid is 600 shares with ₹141,000.

What is Rulka Electricals IPO Allotment Date?

Rulka Electricals IPO allotment date is May 22, 2023.

What is Rulka Electricals IPO Listing Date?

Rulka Electricals IPO listing date is May 24, 2023. The IPO to list on NSE SME.

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

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