Rudra Gas Enterprise Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹63 - ₹63
- Lot size
- 2,000 shares
- Issue amount
- ₹14.16 cr
- Total subscription
- 350.8×
- Opens
- 8 Feb 2024
- Closes
- 12 Feb 2024
- Allotment
- 13 Feb 2024
- Listing
- 15 Feb 2024
Offer at a glance
Issue overview
- Issue size
- 22,48,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹14.16 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,26,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 60,90,000
- Shares after issue
- 60,90,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,26,000 |
| HNI | 2 | 4,000 | ₹2,52,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 6.72 | 2,715.74 |
| NIB | 6.72 | 1,996.13 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| EPS | 6.71 | 3.42 | 2.42 |
| ROE | 56.55 | 50.29 | 62.42 |
| ROCE | 25.26 | 21.6 | 20.48 |
| RONW | 44.09 | 40.18 | 47.57 |
| PRE IPO(PE) | 4.14 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Rudra Gas Enterprise Limited, founded in 2015, operates in gas distribution network projects, fiber cable networks, and construction equipment and vehicle rental. The company specializes in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks, as well as the installation and maintenance of fiber optic cables. Rudra Gas Enterprise has three main business verticals: Gas Pipeline Projects – This includes laying pipelines for city gas distribution, building CNG stations, installing, testing, and commissioning underground pipelines, and maintaining gas infrastructure such as pipelines, valves, and stations. The company also offers operation and maintenance services for city gas distribution (CGD) companies. Fiber Optic Cable Projects – The company develops and installs fiber optic cables for data transmission using light signals. Construction Machinery & Vehicle Rental – It rents construction equipment and vehicles to subcontractors for project-specific needs. The company serves public and private sector clients in the city gas distribution and telecommunications industries. As of October 31, 2023, Rudra Gas Enterprise had 512 permanent employees, ensuring smooth execution of its projects.
Promoters
Mrs. Manjulaben Sureshbhai Patel
Mr. Kush Sureshbhai Patel
Mr. Kashyap Sureshbhai Patel
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot, Sola, Ahmedabad-380060
+91 98751 39472
[email protected]Company website ↗Understanding RUDRAGAS 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.