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Rachana Infrastructure IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Infrastructure sector. Interactive Financial Services is the merchant banker of Rachana Infrastructure IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th March 2022.
Rachana Infrastructure IPO open date is 30th May 2022 and close date is 2nd June 2022. IPO Allotment Date is 30th November -0001 and Listing date is 10th June 2022.
IPO
Size:
₹ 76.28 Cr.
Avg IPO Size (Sector Based)
: ₹
27.63 cr.
Sector: Infrastructure
SME
IPO so far:
37
Merchant Banker:
Interactive Financial
SME
IPO by BRLM so far:
22
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
55.61
cr. 
PE
Ratio:
138.00x
Average Sector PE Ratio: 18.18x
Rachana Infrastructure IPO size is ₹ 76.28 Cr. with IPO price of ₹ 135.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the Rachana Infrastructure IPO. Bigshare Services Private Limited is the Registrar and Market Maker is NNM Securities Private Limited for Rachana Infrastructure IPO.
Rachana Infrastructure IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rachana Infrastructure IPO, based in Ahmedabad, operates in the Infrastructure sector with a focus on Business of Construction of Road projects. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Rachana Infrastructure IPO size is ₹ 76.28 Cr. with fresh issue size of ₹ 38.14 Cr. and Offer for sale being ₹ 38.14Cr.
The IPO allotment date for Rachana Infrastructure IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Rachana Infrastructure IPO allotment status on the registrars website, Bigshare Services Private Limited. Rachana Infrastructure IPO refund dates are 30th November -0001.
Rachana Infrastructure IPO is expected to be listed on 10th June 2022.
The upper price band for the Rachana Infrastructure IPO is set at ₹ 135.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rachana Infrastructure IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rachana Infrastructure IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd June 2022. After submission, funds are blocked until the basis of allotment of Rachana Infrastructure IPO is finalised.
The merchant banker for Rachana Infrastructure IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rachana Infrastructure IPO RHP for further details.
The registrar for Rachana Infrastructure IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rachana Infrastructure IPO through their official website or helpline.
Rachana Infrastructure IPO was subscribed 1.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 76.28 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.63 Cr.
Sector: Infrastructure
SME
IPO so far:
37
Merchant Banker:
Interactive Financial
SME
IPO by BRLM so far:
22
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 53.60 cr.
PE
Ratio:
138.00x
Average Sector PE Ratio: 18.18x
Rachana Infrastructure IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rachana Infrastructure Financial Review Page
Merchant Banker(s) of Rachana Infrastructure IPO: Interactive Financial Services Limited
Rachana Infrastructure IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rachana Infrastructure IPO listed at a listing price of 138.55 against the offer price of 135.00.
The current market price of Rachana Infrastructure is 33.60.
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