Rachana Infrastructure Limited IPO

NSE SME

Listed On: Jun 10, 2022 at ₹ 138.0

₹ 135000 /1000 Shares

Check Allotment

IPO Details

20 May, 2022

Open Date

02 Jun, 2022

Close Date

07 Jun, 2022

Allotment Date

10 Jun, 2022

Listing Date

Issue Price

₹135 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

138.0

Listing Date

2022-06-10

Market Lot

1000 Shares (₹135,000/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr)

Retail Portion

N/A

Subscription

1.21 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,683,000	2,683,000	5,366,000
Day 1 - 20-05-22 05:00 PM	0.00 x	0.12 x	0.06 x
Day 2 - 23-05-22 05:00 PM	0.04 x	0.21 x	0.13 x
Day 3 - 24-05-22 05:00 PM	0.04 x	0.22 x	0.13 x
Day 4 - 25-05-22 05:00 PM	0.09 x	0.27 x	0.18 x
Day 5 - 26-05-22 05:00 PM	0.09 x	0.29 x	0.19 x
Day 6 - 27-05-22 05:00 PM	0.09 x	0.31 x	0.20 x
Day 7 - 30-05-22 05:00 PM	0.37 x	0.34 x	0.36 x
Day 8 - 31-05-22 05:00 PM	0.47 x	0.36 x	0.42 x
Day 9 - 01-06-22 05:00 PM	0.63 x	0.44 x	0.53 x
Day 10 - 02-06-22 05:00 PM	1.82 x	0.60 x	1.21 x

Valuations

Earnings Per Share (EPS)

₹2.45/-

P/E Ratio

56.39

RoNW

11.63%

Net Asset Value (NAV) - Post Issue

₹42.76/-

Company Financials All values are in ₹ Cr.

	30-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	87.84	80.43	106.18	79.81
Revenue	41.71	107.05	158.40	113.93
Profit After Tax	1.39	4.55	5.97	4.66

About The Company

Rachana Infrastructure Limited offers infrastructure and civil construction services. Rachana Infrastructure is a mid-size private sector company engaged in the business of construction of roads and highways, irrigation, hydropower project and mining and pipeline construction. Rachana Infrastructure Limited is expanding business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.

The roads project that the company has executed are MPRDC- ADB Loan IV, OPAL Petrochemical Refinery Road work at Dajeh SEZ, C.C Road Construction for MP PWD and Vadodara-Mumbai 6 Lane Highway.
Rachana Infrastructure Limited has an in-house integrated system and machinery for all stages of mining, right from Mining/Extraction of raw material from the mine up to Crushing and Finished Production of Black Trap Stone Aggregate.

- Promoter(s)

Pre Issue Share Holding: 83.44%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Girishkumar Raval
Mrs. Bhaminiben Mehta

IPO - Issue Objectives

Repayment of Secured Loans
Working capital requirement
General Corporate Purpose
Meeting Public Issue Expenses

IPO - FAQs

Ans. Rachana Infrastructure Limited IPO is a SME IPO. The issue is priced at ₹135 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 20, 2022, and closes on Jun 2, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rachana Infrastructure Limited IPO opens on May 20, 2022 and closes on Jun 2, 2022.

Ans. The size of Rachana Infrastructure Limited IPO is 5,650,000 shares of ₹10(aggregating up to ₹77.97 Cr).

Ans. The IPO price band is set between ₹135 per equity share.

Ans. To apply for Rachana Infrastructure Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rachana Infrastructure Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Rachana Infrastructure Limited IPO is Jun 7, 2022.

Ans. The Rachana Infrastructure Limited IPO will be listed on Jun 10, 2022.

Ans. Follow the steps to check the allotment status for Rachana Infrastructure Limited IPO here.