Rajesh Power services is an engineering and contracting company in India. It is one of the leading player underground power transmission and infrastructure EPC space. The company delivers end-to-end solutions covering design, consultancy, procurement, project execution and testing and providing turnkey project execution and consultancy services to state transmission and distribution companies and private industries. It is currently executing major projects under the Central Government’s Revamped Distribution Sector Scheme (RDSS) and Robust Network Scheme of the Gujarat State DISCOMS along with focus on metro and high-speed rail corridor projects, data centres and related industries.

Rajesh Power Services IPO open date is November 25, 2024 and the IPO will close on November 27, 2024. Rajesh Power Services IPO is a Book Built Issue. The company to raise around ₹160.46 crores via IPO that comprises fresh issue of ₹93.46 crores and offer for sale up to ₹67 Crores, 20,00,000 equity shares with face value of ₹10 each. Rajesh Power Services IPO price band is ₹320 to ₹335 per share. Rajesh Power Services IPO to list on BSE on December 2, 2024. The allotment of Rajesh Power Services IPO date is November 28, 2024.

Rajesh Power Services IPO Details

IPO Open Date:November 25, 2024
IPO Close Date:November 27, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹320 to ₹335 Per Share
Issue Size:Approx ₹160.47 Crores
Fresh Issue:Approx ₹93.47 Crores
Offer for Sale:Approx 2,000,000 Equity Shares
IPO Listing:BSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%

Rajesh Power Services IPO Timeline

The Rajesh Power Services IPO date is November 25 and the close date is November 27. The Rajesh Power Services IPO allotment will be finalized on November 28 and the IPO listing on December 2.

IPO Open Date:November 25, 2024
IPO Close Date:November 27, 2024
Basis of Allotment:November 28, 2024
Refunds:November 29, 2024
Credit to Demat Account:November 29, 2024
IPO Listing Date:December 2, 2024

Rajesh Power Services IPO Market Lot

The Rajesh Power Services IPO minimum market lot is 400 shares with ₹134,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1400₹134,000
Retail Maximum1400₹134,000
S-HNI Minimum2800₹268,000

Rajesh Power Services Limited: Key Financial Highlights

Rajesh Power Services Limited’s revenue increased by 39.72% and profit after tax (PAT) rose by 285.44% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33,822.4224,039.0019,823.3817,562.82
Revenue31,785.0929,506.0721,117.5714,936.84
Profit After Tax2,768.252,602.29675.15344.60
Net Worth11,122.228,430.055,865.805,228.69
Reserves and Surplus9,600.486,908.314,344.063,706.95
Total Borrowing7,973.047,767.085,971.206,243.33

Categorized in:

IPO,

Last Update: November 19, 2024