Rappid valves india IPO

Rappid Valves India Ltd

₹1,26,000 /600 sharesMinimum Investment

Rappid valves india IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹222.00₹312.00₹90.00 (40.54%)

Rappid valves india IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
23 Sep ‘24 - 25 Sep ‘24₹1,26,000600₹210 - ₹222
Issue SizeIPO Doc
30.41Cr
RHP PDF

Subscription rate

As of 25 Sep'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total148.436964504284x

About Rappid valves india

Rappid Valves (India) Limited is a manufacturer of industrial valves. The company’s product portfolio includes ball valves, gate valves, globe valves, butterfly valves, check valves, double block valves, strainer valves, and marine valves. All of these products are made from ferrous and non-ferrous materials. Initially, the company served the chemical, fertiliser, and pharmaceutical industries. Now it also serves the marine industry. The company operates through a manufacturing facility in Thane.;
Founded in
2002
Managing director
Mr. Gaurav Vijay Dalal
Parent organisation
Rappid Valves India Ltd

Strengths & Financials of Rappid valves india

Strengths
Risks
The company offers valves designed to withstand harsh marine conditions, such as corrosion and high pressure.
The company conducts periodic tests, either voluntarily or at the request of customers, to ensure its products meet specific customer requirements. These tests are certified by an independent organisation and are valid for a fixed period.
The company claims that its manufacturing facility is equipped with advanced CNC and VMC machinery, which ensures precision in production and adherence to quality standards.
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 12.14 crore in FY22 to Rs 16.40 crore in FY23 to Rs 36.51 crore in FY24, while PAT increased from Rs 0.29 crore in FY22 to Rs 0.45 crore in FY23 to Rs 4.13 crore in FY24.

Rappid valves india Financials

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

Application Details of Rappid valves india IPO

Apply asPrice bandApply upto
Regular210 - 222₹2 Lakh
High Networth Individual210 - 222₹2 - 5 Lakh
For Rappid valves india IPO, eligible investors can apply as Regular.
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