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Rappid Valves (India) IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Valves sector. Shreni Shares is the merchant banker of Rappid Valves (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 12th July 2024.
Rappid Valves (India) IPO open date is 23rd September 2024 and close date is 25th September 2024. IPO Allotment Date is 26th September 2024 and Listing date is 30th September 2024.
IPO
Size:
₹ 30.41 Cr.
Avg IPO Size (Sector Based)
: ₹
21.90 cr.
Sector: Valves
SME
IPO so far:
4
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
36.60
cr. 
PE
Ratio:
27.89x
Average Sector PE Ratio: 23.87x
Rappid Valves (India) IPO size is ₹ 30.41 Cr. with IPO price of ₹ 222.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Rappid Valves (India) IPO. Link Intime India Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Rappid Valves (India) IPO.
Rappid Valves (India) IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Smart Horizon Opportunity | 135,000.00 | ₹ 222.00 | ₹ 29,970,000.00 |
| Leading Light Fund | 101,400.00 | ₹ 222.00 | ₹ 22,510,800.00 |
| Ashika Global Securities | 90,000.00 | ₹ 222.00 | ₹ 19,980,000.00 |
| SB OPPORTUNITIES FUND | 63,000.00 | ₹ 222.00 | ₹ 13,986,000.00 |
Rappid Valves (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rappid Valves (India) IPO, based in Mumbai, operates in the Valves sector with a focus on engages in the manufacturing of Valve solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Rappid Valves (India) IPO size is ₹ 30.41 Cr. with fresh issue size of ₹ 30.41 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rappid Valves (India) IPO is expected to be 26th September 2024, after the finalization of basis of allotment. Investors can check Rappid Valves (India) IPO allotment status on the registrars website, Link Intime India Private Limited. Rappid Valves (India) IPO refund dates are 27th September 2024.
Rappid Valves (India) IPO is expected to be listed on 30th September 2024.
The upper price band for the Rappid Valves (India) IPO is set at ₹ 222.00 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 Rappid Valves (India) 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 Rappid Valves (India) 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 25th September 2024. After submission, funds are blocked until the basis of allotment of Rappid Valves (India) IPO is finalised.
The merchant banker for Rappid Valves (India) IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rappid Valves (India) IPO RHP for further details.
The registrar for Rappid Valves (India) IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rappid Valves (India) IPO through their official website or helpline.
Rappid Valves (India) IPO was subscribed 176.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 30.41 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.90 Cr.
Sector: Valves
SME
IPO so far:
4
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 0.37 cr.
PE
Ratio:
27.89x
Average Sector PE Ratio: 23.87x
Rappid Valves (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rappid Valves (India) Financial Review Page
Merchant Banker(s) of Rappid Valves (India) IPO: Shreni Shares Limited
Rappid Valves (India) IPO subscription was 176.06 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.
Rappid Valves (India) IPO listed at a listing price of 309.35 against the offer price of 222.00.
The current market price of Rappid Valves (India) is 264.00.
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