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Open
23 Sep 2024
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Close
25 Sep 2024
3
Allotment
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Listing
Mon, Sep 30, 2024
Price Band
₹210 to ₹222
Issue Size
13,69,800 shares (agg. up to ₹30 Cr)
Lot Size
600 Shares
Listing Date
Mon, Sep 30, 2024
Latest GMP
₹100
Est. Gain
45.05%
✦ AI Insight
GMP Trend
30-09-2024₹100Est. ₹322+45.05%
29-09-2024₹100Est. ₹322+45.05%
28-09-2024₹90Est. ₹312+40.54%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 123.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 29.94 | 16.57 | 12.18 |
| Total Income | 36.60 | 16.43 | 12.15 |
| Profit After Tax | 4.13 | 0.46 | 0.29 |
| NET Worth | 12.22 | 3.12 | -0.25 |
| Reserves and Surplus | 3.72 | -0.38 | -0.80 |
| Total Borrowing | 10.98 | 9.93 | 9.78 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| WOL 3D India Ltd. | SME | ₹25.56 Cr | ₹150 | 14.9 | ₹189.05 | +26.03% | ₹142.50 |
| Paramount Speciality Forgings Ltd. | SME | ₹32.34 Cr | ₹59 | 12.1 | ₹87.15 | +47.71% | ₹37.40 |
| Envirotech Systems Ltd. | SME | ₹30.24 Cr | ₹56 | 6.56 | ₹111.70 | +99.46% | ₹69.50 |
| Shubhshree Biofuels Energy Ltd. | SME | ₹16.56 Cr | ₹119 | 13.89 | ₹198.45 | +66.76% | ₹363.00 |
| Aeron Composite Ltd. | SME | ₹56.10 Cr | ₹125 | 23.69 | ₹157.50 | +26.00% | ₹85.55 |
| Associated Coaters Ltd. | SME | ₹5.11 Cr | ₹121 | 20.72 | ₹134.90 | +11.49% | ₹111.00 |
| Aimtron Electronics Ltd. | SME | ₹87.02 Cr | ₹161 | 27.13 | ₹253.05 | +57.17% | ₹1,656.35 |
| Vilas Transcore Ltd. | SME | ₹95.26 Cr | ₹147 | 13.12 | ₹225.75 | +53.57% | ₹349.45 |
| Storage Technologies & Automation Ltd. | SME | ₹29.95 Cr | ₹78 | 48.45 | ₹153.05 | +96.22% | ₹32.55 |
| Creative Graphics Solutions India Ltd. | SME | ₹54.40 Cr | ₹85 | 17.59 | ₹176.25 | +107.35% | ₹145.55 |
| Gabriel Pet Straps Ltd. | SME | ₹8.06 Cr | ₹101 | 35.94 | ₹120.75 | +19.55% | ₹56.77 |
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹243.00 |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹35.10 |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹2,185.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Capital expenditure for purchase of new Plant and Machineries and Software by the Company; | 6.73 |
| 2 | Expenditure for renovation of registered office and existing manufacturing unit; | 0.39 |
| 3 | Repayment/prepayment of all or certain of our borrowings availed of by the Company; | 10.50 |
| 4 | Pursuing inorganic growth initiatives through acquisitions; and | 4.00 |
| 5 | General corporate purposes. | 5.43 |
About Rappid Valves IPO
Updated on Aug 5, 2026
Contact Details
Rappid Valves (India) Ltd. AddressGenesis Industrial ComplexPlot No.30, Village KolgaonPalghar (East), ThaneMumbai, Maharashtra, 401404+91 9321463550investors@rapidvalves.netVisit Website