| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹14.16 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.16 Cr |
| Fresh Issue | ₹13.43 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน63.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544121 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Rudra Gas Enterprise Limited was founded in 2015 and is active in gas distribution network projects, fiber cable networks, construction equipment, and vehicle rental.
The company provides services in the fields of pipeline construction, civil works, and operation and maintenance of pipeline networks in city gas distribution. The company also provides services for the installation of fiber optic cables and their maintenance.
The company has three business verticals:
The company's customers include companies in the city gas distribution and telecommunications sectors, both in the public and private sectors.
As of October 31, 2023, the company had 512 permanent employees on the payroll of the company.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 9.50 |
| 2 | General Corporate Purposes | 3.25 |
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 43.45 | 33.81 | 28.05 | 19.61 |
| Total Income | 34.47 | 49.57 | 43.96 | 28.17 |
| Profit After Tax | 2.47 | 3.52 | 1.79 | 1.27 |
| NET Worth | 11.49 | 7.99 | 4.46 | 2.67 |
| Reserves and Surplus | 5.40 | 7.74 | 4.21 | 2.42 |
| Total Borrowing | 19.90 | 17.38 | 13.80 | 10.08 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 57% |
| ROCE | 25% |
| Debt / Equity | 2.18% |
| RoNW | 44.09% |
| PAT Margin | 7.12% |
| Price to Book Value | 4.14 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.78 | 5.09 |
| P/E (x) | 10.9 | 12.39 |
| Promoter Holding | 99.99% | 73.03% |
| Market Cap | โน52.53 Cr. | |