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Open
25 Nov 2024
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Close
27 Nov 2024
3
Allotment
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Listing
Mon, Dec 2, 2024
Price Band
₹319 to ₹335
Issue Size
47,90,000 shares (agg. up to ₹160 Cr)
Lot Size
400 Shares
Listing Date
Mon, Dec 2, 2024
Latest GMP
₹157
Est. Gain
46.87%
✦ AI Insight
GMP Trend
02-12-2024₹157Est. ₹492+46.87%
01-12-2024₹144Est. ₹479+42.99%
30-11-2024₹140Est. ₹475+41.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 41.94x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 338.22 | 240.39 | 198.23 | 175.63 |
| Total Income | 317.85 | 295.06 | 211.18 | 149.37 |
| Profit After Tax | 27.68 | 26.02 | 6.75 | 3.45 |
| NET Worth | 111.22 | 84.30 | 58.66 | 52.29 |
| Reserves and Surplus | 96.00 | 69.08 | 43.44 | 37.07 |
| Total Borrowing | 79.73 | 77.67 | 59.71 | 62.43 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of cable identification, testing and fault location equipments | 17.95 |
| 2 | Setting up of DC Solar Power Plant having capacity of 1300 KW | 4.16 |
| 3 | Inhouse development of Technical Expertise in Production of Green Hydrogen and associated equipment such as Electrolysers | 3.00 |
| 4 | Additional Working Capital Requirement | 30.00 |
| 5 | General Corporate Purpose | 22.86 |
About Rajesh Power IPO
Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries. Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM). The company offers services to both the Renewable and Non-Renewable segments of the power sector. The company provides the following services EHV Underground Cables and Transmission Lines EHV AIS/GIS Substations including Civil Works HV/MV/LV Underground Cable Laying and Overhead MVCC Conductor Installation Revamping the entire Distribution Network including Substations, RMUs, Transformers & Cables on Turnkey Basis Power Supply Arrangement Projects for Solar Power Plants Operation and Maintenance of EHV, HV, MV & LV Substations Operation and Maintenance of EHV, HV, MV & LV Transmission and Distribution Network The com
Contact Details
Rajesh Power Services Ltd. Address380/3, Siddhi House, Opp.Lal BunglowsB/H Sasuji Dinning Hall, Off C.G.RoadNavrangpuraAhmedabad, Gujarat, 380006+91 6358736465cs@rajeshpower.comVisit Website