Rappid Valves (India) Limited

Company Profile
Company Name Rappid Valves (India) Limited
Open Date 23-09-2024
Close Date 25-09-2024
Exchange NSE SME
Lot Size 600 Shares
Issue Price ₹210 to ₹222 per share
Issue Size 13,69,800 shares
Application Amount ₹ 1,33,200 (600 shares)
Recommendation Neutral
Incorporation: Rappid Valves (India) Limited was originally formed and incorporated on May 24, 2002. The registered office is located at Thane, Maharashtra, India. ▪ Business Model: The company is an engineering company and is engaged in the manufacturing of Valve Solutions. ▪ Revenue Stream: The company does its operations in both B2B and B2G* Government. ▪ The company had 47 employees as of June 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 1,214.11 1,639.91 3,651.25
EBITDA 194.51 233.48 735.84
Net Profit 28.98 45.56 413.31
RoCE 85.14% 39.62% 47.79%
ROE - 14.59% 33.82%
P/E 42.13 170.77 18.91

Tentative Timeline

Opening Date 23-09-2024
Closing Date 25-09-2024
Basis of Allotment 26-09-2024
Initiation of Refunds 27-09-2024
Credit of Shares to Demat 27-09-2024
Listing Date 30-09-2024

Objects of the Issue

Funding the Capital expenditure for the purchase of new Plant and machinery and Software
Expenditure for the renovation of the registered office and existing manufacturing unit
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
Pursuing inorganic growth initiatives through acquisitions
General Corporate Purposes

Contact Information

Registered Office Rappid Valves (India) Limited Genesis Industrial Complex Plot No. 30, Village Kolgaon Palghar (East), Thane 401404
Phone +91 9321463550
Email investors@rapidvalves.net
Website https://www.rappidvalves.in/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email rappidvalves.smeipo@Linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
Retail Shares Offered Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 69.46%
Shareholding Post Issue (Promoters) 51.13%

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