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Rajesh Power Services Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Rajesh Power Services Ltd IPO

Registered Office: 380/3 Siddhi House off C.C. Rd,Navrangpur , Ahmedabad - 380006 , Gujarat , India.
Phone : +91 63587 36465   Fax:
Email :  cs@rajeshpower.com  
Website :  www.rajeshpower.com
Initial public offer of upto 47,90,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Rajesh Power Services Limited (the "Company" or "RPSL" or "The Issuer") for cash at a price of (Rs)335 per share (including a share premium of (Rs)325 per equity share) (the "Issue Price"), aggregating to (Rs)160.47 crores ("The Issue"), comprising of fresh issue of upto 27,90,000 equity shares at (Rs)335 per equity shares aggregating to (Rs)93.47 crores and offer for sale of 20,00,000 equity shares by selling shareholders at (Rs)335 per equity shares aggregating to (Rs)67.00 crores. The offer includes a resrvation of upto 2,44,000 equity shares of face value of (Rs)10 each at a price of (Rs)335 per equity share aggregating to (Rs)8.17 crores for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 45,46,000 equity shares of (Rs)10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Nov-24 27-Nov-24 (Rs)335.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :400  Further Multiples of :400

  (Rs Cr) Lead Managers to the Issue
Project Cost 144.97
ISK Advisors Pvt Ltd
Project Financed through Current Offer 160.47  
Post Issue Equity Share Capital 18.01  
Issue Price (Rs)335.00  
 
Projects
Capital ExpenditureGeneral corporate purposes
Additional working capital requirements
Promoted By
Rajendra Baldevbhai Patel  
Kurang Ramchandra Panchal  
Kaxil Prafulbhai Patel  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd