| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹26.40 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹26.40 Cr |
| Fresh Issue | ₹18.47 Cr |
| Offer for Sale | ₹6.60 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน223.00-235.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | RULKA |
| Registrar | Bigshare Services 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.
Minimum bid: 600 shares and in multiples thereof
Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The company offers various services, including electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. These services cater to various sectors such as industrial, commercial, retail, and theatre.
The company's integrated operations encompass designing, supplying, installing, testing, and commissioning the project.
The company generates 100% of its revenue through Turnkey Projects, which include both material and labor along with engineering, design, and consulting services.
The company's services can be divided into the following categories:-
The company is ISO 9001:2015 certified for its quality management systems.
As of February 29th, 2024, the company has 92 employees on its payroll.
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 Requirement | 14.00 |
| 2 | General corporate purposes | 4.82 |
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 40.82 | 28.27 | 19.19 | 9.82 |
| Total Income | 65.28 | 46.90 | 36.27 | 19.60 |
| Profit After Tax | 5.66 | 2.81 | 1.12 | 0.54 |
| NET Worth | 12.90 | 5.57 | 2.77 | 1.65 |
| Reserves and Surplus | 9.49 | 5.46 | 2.66 | 1.54 |
| Total Borrowing | 11.05 | 5.27 | 2.81 | 2.31 |
| Amount in ₹ Crore | ||||
| KPI | Feb 29, 2024 |
|---|---|
| ROE | 61.25% |
| ROCE | 33.67% |
| Debt / Equity | 2.16% |
| RoNW | 43.85% |
| PAT Margin | 8.68% |
| Price to Book Value | 6.22 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.21 | 14.49 |
| P/E (x) | 28.62 | 16.21 |
| Promoter Holding | 86.28% | 69.22% |
| Market Cap | โน100.07 Cr. | |