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Incorporated in 2002, Rappid Valves (India) Limited specializes in manufacturing a diverse range of valve solutions. The company’s product portfolio includes ball, gate, globe, butterfly, check, double block, filter, and marine valves, all of which are made from ferrous and non-ferrous materials. The valves are available in sizes ranging from 15mm to 600mm, catering to a wide range of industrial requirements.
Rappid Valves operates a state-of-the-art manufacturing unit equipped with advanced machinery such as CNC machines, VMCs, test benches, EOT cranes, lathes, and drilling machines. This comprehensive setup enables efficient and high-quality production of valves. Additionally, the company holds several certifications, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, underscoring its commitment to quality and environmental management.
Rappid Valves India focuses on manufacturing valves that control the flow of fluids in industrial processes. The company has earned certifications and follows stringent quality standards, positioning itself as a reliable supplier in the domestic and international markets. Its diverse product portfolio and adherence to industry standards make it a key player in the valve industry.
Rappid Valves (India) IPO is a book-built issue aiming to raise ₹30.41 crores through a fresh issue of 13.7 lakh shares. The IPO will open for subscription on September 23, 2024, and close on September 25, 2024. The allotment is expected to be finalized on September 26, 2024, with the listing on NSE SME scheduled for September 30, 2024.
The price band for the Rappid Valves (India) IPO is set at ₹210 to ₹222 per share. The minimum lot size is 600 shares, requiring a minimum investment of ₹133,200 for retail investors. High Net-Worth Individuals (HNIs) need to apply for a minimum of two lots, amounting to ₹266,400.
Shreni Shares Limited is the lead manager for the IPO, with Link Intime India Private Ltd as the registrar. Rikhav Securities will serve as the market maker.
Expected Funds to be Raised
Key Dates to Remember
Pricing and Lot Size of Rappid Valves India IPO
Financial Health and Performance
Potential Risks of Investing in the IPO:
o Industry volatility due to fluctuating raw material prices
o Dependence on industrial demand for valves
o Competition from both domestic and international players
Opportunities and Growth Potential:
o Growing demand for valves in sectors like oil & gas, water treatment, and chemical processing
o Expansion into new markets and regions
o Investment in automation and technological advancements
The Rappid Valves India IPO offers a compelling opportunity for investors to be part of a growing company in the valve manufacturing industry. With its strong market presence and expansion plans, Rappid Valves India is well-positioned for future growth. However, investors should carefully evaluate the risks and opportunities before making any investment decisions.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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