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RIRILINFRAListed

Rachana Infrastructure Limited

Fixed Price IPO · NSE

Price band
₹138 - ₹138
Lot size
1,000 shares
Issue amount
₹76.28 cr
Total subscription
1.21×
Current price₹32
Listing price ₹138
Watch live price ↗
Opens
20 May 2022
Closes
25 May 2022
Allotment
7 Jun 2022
Listing
10 Jun 2022

Offer at a glance

Issue overview

Issue size
56,50,000 shares
Face value
₹10 per share
Minimum investment
₹1,38,000
Fresh issue
₹34.3 cr
Offer for sale
₹38.14 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,38,000
Issue type
Fixed Price IPO
Shares before issue
1,57,80,000
Shares after issue
1,86,05,000

Lot sizes

CategoryLotsSharesAmount
RETAIL11,000₹1,38,000
HNI22,000₹2,76,000

Share reservation

Market Maker5.03%
NII (HNI)47.49%
RETAIL47.49%

Subscription & GMP

Subscription by category

Total subscribed1.21×

Subscription figures are awaiting publication.

GMP history

00.5128 Mar: ₹015 Dec: ₹0
28 Mar₹015 Dec

Application-wise demand

CategoryReserved applicationsApplied applications
——

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,00020,000Mar-19 · Revenue: 11,393.32Mar-19 · Profit after tax: 466.45Mar-19Mar-20 · Revenue: 15,840.55Mar-20 · Profit after tax: 597.13Mar-20Mar-21 · Revenue: 10,705.67Mar-21 · Profit after tax: 455.31Mar-21Dec-21 · Revenue: 4,171.07Dec-21 · Profit after tax: 139.85Dec-21
RevenueProfit after tax

Company information

Company profile

Rachana Infrastructure Limited is a mid-size private sector company providing infrastructure and civil construction services, engaged in the construction of roads and highways, irrigation, hydropower projects, mining, and pipeline construction, with expansion underway in states such as Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan. The company has executed key road projects including MPRDC–ADB Loan IV, OPAL Petrochemical Refinery road work at Dahej SEZ, cement concrete road construction for MP PWD, and the Vadodara–Mumbai six-lane highway. Rachana Infrastructure also operates an in-house integrated mining system with its own machinery, covering the entire process from extraction of raw materials to crushing and production of finished black trap stone aggregates.

Promoters

Mr. Girishkumar Raval

Mrs. Bhaminiben Mehta

Registrar & documents

Lead manager

Interactive Financial Services Limited

Registered office

404, 405, 4th Floor, Angel Complex, Nr. Income Tax Railway Crossing, Nr. Oassis Hotel, Navrangpura, Ahmedabad - 380009

079 - 26560327

[email protected]Company website ↗

Understanding RILINFRA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.