Rappid Valves (India) Limited IPO

NSE SME

Listed On: Sep 30, 2024 at ₹ 312.0

₹ 133200 /600 Shares

Exp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Rappid Valves (India) IPO Details

23 Sep, 2024

Open Date

25 Sep, 2024

Close Date

26 Sep, 2024

Allotment Date

30 Sep, 2024

Listing Date

Issue Price

₹210-222 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

312.0

Listing Date

2024-09-30

Market Lot

600 Shares (₹133,200/-)

Lead Manager

Shreni Shares Limited

Issue Size

1,369,800 shares(aggregating up to ₹30.41 Cr)

Retail Portion

35%

Subscription

176.14 times

IPO Docs

DRHP RHP

The IPO of Rappid Valves (India) is priced at ₹210-222 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.

Rappid Valves (India) IPO bid opening date is from Sep 23, 2024 and the bid closing date was Sep 25, 2024.
Rappid Valves (India) IPO allotment result will be available on Sep 26, 2024. The tentative listing date for Rappid Valves (India) is Sep 30, 2024.

The total issue size is 1,369,800 shares(aggregating up to ₹30.41 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	259,800 / 195,600	455,400	910,800
Day 1 - 23-09-24 06:00 PM	0.00 / 2.11 x	4.51 x	2.71 x
Day 2 - 24-09-24 06:00 PM	1.04 / 11.94 x	15.96 x	10.84 x
Day 3 - 25-09-24 06:00 PM	55.97 / 491.85 x	109.09 x	176.14 x

Total No. of Applications: 82,798 (Approx)

Rappid Valves (India) Valuations

EPS Pre IPO

₹10.81/-

EPS Post IPO

₹7.96/-

P/E Pre IPO

20.53

P/E Post IPO

27.89

ROE

53.88%

ROCE

29.88%

Debt/Equity

0.90

RoNW

33.82%

PAT Margin

11.32

Price to Book Value

24.89

Rappid Valves (India) Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	2,994.41	1,656.75	1,217.6
Revenue	3,660.06	1,643.42	1,215.24
Profit After Tax	413.27	45.56	28.98
Net Worth	1,221.98	312.21	-24.64
Reserves & Surplus	371.98	-37.79	-79.64
Total Borrowing	1,098.3	992.65	977.57

About The Company

In 2002, Rappid Valves (India) Limited mainly focuses on valve solution manufacturing.

The firm manufactures different valves: ball, gate, globe, butterfly, check, double block, filter, and marine. The firm's valves are designed using ferrous and non-ferrous materials and have different sizes such as 15mm to 600mm in size.

The company possesses a highly comprehensive range of standard machinery, including conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment, to support the smooth process of manufacturing.

The Company also has a number of quality certifications, such as ISO 9001:2015, 14001:2015, and ISO 45001:2018.

At, June 30, 2024, the company employed 47 persons at its Manufacturing Plant and Registered Office.

Rappid Valves (India) - Promoter(s)

Pre Issue Share Holding: 69.46%

Post Issue Share Holding: 51.13%

Company Promoter(s)

Mr. Gaurav Vijay Dalal

Rappid Valves (India) IPO - Issue Objectives

Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company
Expenditure for the renovation of the registered office and existing manufacturing unit
Repayment/prepayment of all or certain of our borrowings availed of by our Company
Pursuing inorganic growth initiatives through acquisitions
General corporate purposes.

Other Details

Company Contact Details

Rappid Valves (India)

Genesis Industrial Complex, Plot No. 30, Village Kolgaon, Palghar (East), Thane–401404

Phone: +91 9321463550

Email: investors@rapidvalves.net

Website: https://www.rappidvalves.in/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: rappidvalves.smeipo@Linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

Rappid Valves (India) IPO - FAQs

Ans. Rappid Valves (India) Limited IPO is a SME IPO. The issue is priced at ₹210-222 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Sep 23, 2024, and closes on Sep 25, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rappid Valves (India) Limited IPO opens on Sep 23, 2024 and closes on Sep 25, 2024.

Ans. The size of Rappid Valves (India) Limited IPO is 1,369,800 shares(aggregating up to ₹30.41 Cr).

Ans. The IPO price band is set between ₹210-222 per equity share.

Ans. To apply for Rappid Valves (India) Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rappid Valves (India) 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 Rappid Valves (India) Limited IPO is Sep 26, 2024.

Ans. The Rappid Valves (India) Limited IPO will be listed on Sep 30, 2024.

Ans. Follow the steps to check the allotment status for Rappid Valves (India) Limited IPO here.