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Rulka Electricals 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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Rulka Electricals Ltd IPO

Registered Office: A-20 Shiva Ind.Estate Co Ltd,Lake Rd Nr Tata.Pwr Bhandup W , Mumbai - 400078 , Maharashtra , India.
Phone : +022 4127 6806 /+022 4974 2572   Fax:
Email :  info@replservices.com  
Website :  www.replservices.com
Initial public offering of 11,23,200 equity shares of face value of (Rs)10.00 each ("Equity Shares") of the company for cash at a price of (Rs)235.00 per equity share (including a share premium of (Rs)225.00 per equity share) ("Offer Price") aggregating (Rs)26.40 crores ("Offer"). The offer comprises a fresh offer of 8,42,400 equity shares aggregating (Rs)19.80 crores ("Fresh Issue") and an offer for sale of 2,80,800 equity shares ("Offered Shares") aggregating (Rs)6.60 crores, by Abhay Kantilal Shah HUF and such offer for sale of equity shares by the selling shareholder, the "Offer for Sale"). This offer includes a reservation of 56,400 equity shares aggregating (Rs)1.33 crores for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.38% and 25.05%, respectively, of the post-offer paid-up equity share capital of the company, respectively.

Issue Money Payable On
Opens On Closes On Application Allotment
16-May-24 21-May-24 (Rs)235.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 18.82
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 26.40  
Post Issue Equity Share Capital 4.26  
Issue Price (Rs)235.00  
 
Projects
To Meet Working Capital RequirementGeneral Corporate Expenses
Promoted By
Rupesh Laxman Kasavkar  
Nitin Indrakumar Aher  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd