Rajesh Power Services IPO

Rajesh Power Services Ltd

₹1,27,600 /400 sharesMinimum Investment

Rajesh Power Services IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹335.00₹636.50₹301.50 (90.00%)

Rajesh Power Services IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Nov ‘24 - 27 Nov ‘24₹1,27,600400₹319 - ₹335
Issue SizeIPO Doc
160.47Cr
RHP PDF

Subscription rate

As of 27 Nov'24, 05:00 PM
Qualified Institutional Buyers41.24x
Non-Institutional Investor89.96x
Retail Individual Investor26.06x
Total47.38x

About Rajesh Power Services

Rajesh Power Services Limited (RPSL) is a solutions provider for the renewable and non-renewable power sectors and operates from Ahmedabad, Gujarat. The company offers services such as setting up and maintaining solar power plants, laying extra high voltage (EHV) cables and transmission lines, establishing EHV substations, and providing utility services like cable fault rectification and transformer retrofitting.;
Founded in
1971
Managing director
Mr. Kurang Ramchandra Panchal
Parent organisation
Rajesh Power Services Ltd

Strengths & Financials of Rajesh Power Services

Strengths
Risks
Rajesh Power Services claims that it gained expertise in constructing, operating, and maintaining solar power plants in western India. It commissioned a power supply project for Adani's 300 MW solar plant in Jaisalmer, Rajasthan.
The company set up a 1 MW solar power plant in Gujarat in 2012 under the state’s first solar scheme.
Rajesh Power Services Limited is ISO 14001:2015 certified for environmental management systems, ISO 45001:2018 for occupational health and safety management systems, ISO 50001:2011 for energy management systems, and ISO 9001:2015 for quality management systems.
RPSL has invested in HKRP Innovations Limited, which provides Internet of Things (IoT) and cloud-based solutions for the energy sector.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 146.81 crore in FY22 to Rs 207.18 crore in FY23 to Rs 284.97 crore in FY24. PAT increased from Rs 3.45 crore in FY22 to Rs 6.75 crore in FY23 to Rs 26.02 crore in FY24.

Rajesh Power Services Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Rajesh Power Services IPO

Apply asPrice bandApply upto
Regular319 - 335₹2 Lakh
High Networth Individual319 - 335₹2 - 5 Lakh
For Rajesh Power Services IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.8
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW