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Rudra Gas Enterprise Ltd

Infrastructure Developers & Operators

Offer Period :

8th to 12th Feb 2024

Founded in 2015, Rudra Gas Enterprise Ltd specializes in gas distribution, fiber optic cable projects, and construction equipment and vehicle rentals. With three core verticals—gas pipeline projects, fiber optic cable projects, Read more... and machinery/vehicle rentals—the company serves both public and private clients, employing 512 permanent staff as of October 31, 2023.Read less

Rudra Gas Enterprise Ltd IPO Details

IPO Date 8th to 12th Feb 2024 Minimum Investment ₹126000 / 1 Lots
Listing Date 2024-02-15 Maximum Investment ₹126000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹14.16 Crores
Price ₹63 to ₹63 per share Fresh Issue ₹14.16 Crores
Lot Size 1 Lots (2000 Shares) Offer For Sale ₹ 0
Listing At BSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 8th to 12th Feb 2024
Listing Date 2024-02-15
Face Value ₹10 per share
Price ₹63 to ₹63 per share
Lot Size 1 Lots (2000 Shares)
Listing At BSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹126000 / 1 Lots
Maximum Investment ₹126000 / 1 Lots
Total Issue Size ₹14.16 Crores
Fresh Issue ₹14.16 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

8th Feb

IPO Starts

12th Feb

IPO Ends

13th Feb

Allotment Date

14th Feb

Initiation of Refund

14th Feb

Credit of Shares to Demat Account

15th Feb

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 99.99 73.03
Public Group 0.01 26.97

Rudra Gas Enterprise Ltd IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 1066000(47.42%)
Retail Shares Offered 1066000(47.42%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 2248000
Total Shares With Anchor Investor 2248000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Rudra Gas Enterprise Ltd IPO Registrar

Link Intime India Pvt Ltd
Phone Number + 91 810 811 4949
Email Id rudragas@linkintime.co.in
Our Website www.linkintime.co.in

Rudra Gas Enterprise Ltd IPO Lead Manager

1. Beeline Capital Advisors Pvt Ltd

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Rudra Gas Enterprise Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Rudra Gas Enterprise Ltd

1. Experienced Promoter and Management Team

2. Robust infrastructure and effective project execution

3. Establishing long-term client relationships and driving repeat business

4. Strong Partnerships

5. Expanding Operational Capabilities

6. Compliance and Safety Culture

7. Customer Focus

8. Optimal Utilization of Resources

Risks Involved

1. There are outstanding legal proceedings involving the Company. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

2. Its work premises from where the company operates are not owned by it.

3. Its failure to perform in accordance with the standards prescribed in the work orders of the company clients could result in loss of business or revenue from clients.

4. Its individual Promoters play a key role in the company functioning, and its heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that its Promoters and Executive Directors remain associated with it. Its success also depends upon the services of the company's key managerial personnel and its ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.

5. Its business operations may be adversely affected due to misconduct or errors from employees. Such incidences could adversely affect its financial condition, results of operations and reputation.

6. The Company is dependent on a few suppliers for the purchase of products. The loss of any of these large suppliers may adversely affect its business operations.

7. The Company is dependent on a few customers. The loss of any of these large customers may adversely affect its revenues and profitability.

8. The company has experienced significant working capital requirements in the past and may continue to experience them in future also. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect the company business, cash flows and results of operations.

9. Its revenues from projects are difficult to predict and are subject to seasonal variations.

10. The company source a large part of its new orders from its relationships with corporates and other customers, both present and past. Any failure to maintain its long-standing relationships with its existing customers or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023
Total Assets 57.68 33.67
Total Liabilities 57.68 33.67
Total Expenses 57.77 44.7
Total Revenue 
64.06 49.57
Profit After Tax 4.66 3.62
EBITDA 9.71 7.36
Adjusted EBITDA 0 0

Rudra Gas Enterprise Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-02-15 544121 -
INE0OYK01010
₹63 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹63 ₹63
Open ₹119.7 ₹0
Low ₹119.7 ₹0
High ₹125.68 ₹0
Low ₹119.7 ₹0

Frequently Asked Questions

What is Rudra Gas Enterprise Ltd IPO?

Answer Field

Rudra Gas Enterprise Ltd IPO is a SME IPO of 22,48,000 equity shares of a face value of ₹10 aggregating up to ₹14.16 Crores. The issue is priced at ₹63 to ₹63 per share. The minimum order quantity is 2000 Shares. The IPO opens on February 08, 2024, and closes on February 12, 2024. Link Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Rudra Gas Enterprise Ltd IPO will open?

Answer Field

The Rudra Gas Enterprise Ltd IPO opens on February 08, 2024 and closes on February 12, 2024.

What is the lot size of Rudra Gas Enterprise Ltd?

Answer Field

Rudra Gas Enterprise Ltd lot size is 2000 shares, and the minimum amount required is ₹1,26,000.

How to apply for Rudra Gas Enterprise Ltd IPO?

Answer Field

You can apply in Rudra Gas Enterprise Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Rudra Gas Enterprise Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Rudra Gas Enterprise Ltd IPO will be done on February 13, 2024, and the allotted shares will be credited to your demat account by February 14, 2024.

When is Rudra Gas Enterprise Ltd IPO listing date?

Answer Field

The Rudra Gas Enterprise Ltd listing date is February 15, 2024.

Who is the registrar of Rudra Gas Enterprise Ltd IPO?

Answer Field

The registrar of Rudra Gas Enterprise Ltd IPO is Link Intime India Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Beeline Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Rudra Gas Enterprise Ltd IPO?

Answer Field

The fresh issue size is ₹14.16 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Rudra Gas Enterprise Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,26,000 amount.

How can I approve the UPI mandate request for Rudra Gas Enterprise Ltd IPO?

Answer Field

To apply for Rudra Gas Enterprise Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Rudra Gas Enterprise Ltd?

Answer Field

The price of each Rudra Gas Enterprise Ltd share will be ranging in between ₹63 to ₹63 per share.

What is the cut-off time for the UPI mandate for Rudra Gas Enterprise Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, February 12, 2024.

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