1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
57,10,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 71.95 | 7.53 | 3.91 | 3.79 |
| Total Income | 43.13 | 2.08 | 7.85 | 11.75 |
| Profit After Tax | 6.67 | 0.71 | 0.35 | 0.49 |
| NET Worth | 34.75 | 3.12 | 1.58 | 1.24 |
| Reserves and Surplus | 32.24 | 1.55 | 0.83 | 0.49 |
| Total Borrowing | 15.01 | 0.97 | 0.87 | 0.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Victory Electric Vehicles International Ltd. | SME | ₹34.56 Cr | ₹41 | 12.41 | ₹32.75 | -20.12% | ₹15.45 |
| Zelio E-Mobility Ltd. | SME | ₹78.34 Cr | ₹136 | 14.04 | ₹162.60 | +19.56% | ₹845.55 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure towards land with proposed structure of new manufacturing unit | 50.00 |
| 2 | Funding the capital expenditure towards plant and machineries for setting up a of new manufacturing unit at Mouza Dakshin Jhapardah, Domjur, Jhapardaha Panchayat, ONGC Road, P.S. Domjur, Howrah | 21.02 |
| 3 | Prepayment or repayment of all or a portion of certain unsecured loans availed by the Company | 15.01 |
| 4 | Funding working capital requirements of the Company | 25.00 |
| 5 | General corporate purposes | 25.00 |
About Raft Motors IPO
Updated on May 18, 2026
Contact Details
Raft Motors Ltd. AddressB/607, 6th Floor,Kanakia Wall Street, Andheri Kurla Road,Chakala, Andheri (East), MumbaiAndheri, Maharashtra, 400093+91 3345038692cs@raftmotors.comVisit Website