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BSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed

Rajesh Power Services Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 400 shares  ·  Min Investment: ₹134,000
₹335
Issue Price
+₹0
GMP Today
47,90,000 (100.00%)
Total Shares Offered
₹335
Est. Listing
Allotment Status
📅
Open Date
2024-11-25
📅
Close Date
2024-11-27
🎟️
Allotment
2024-11-28
UPI Mandate
2024-11-27
📱
Listing Date
2024-12-02
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹335
Issue Price: ₹335  ·  Lot: 400 shares
Expected P&L (1 lot): +₹0 on ₹134,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Lakhs
Metric 30 Sep 2024 31 Mar 2024 31 Mar 2023
Revenue 31785.09 29506.07 21117.57
Profit After Tax 2768.25 2602.29 675.15
EBITDA
Net Worth 11122.22 8430.05 5865.80
Total Assets 33822.42 24039.00 19823.38
Reserves & Surplus 9600.48 6908.31 4344.06
Total Borrowings 7973.04 7767.08 5971.20
Key Financial Ratios
24.89%
ROE
Return on Equity
25.61%
ROCE
Return on Capital Employed
25.47%
RONW
Return on Net Worth
8.11%
PAT Margin
PAT / Revenue
0.92
D/E Ratio
Debt to Equity
4.55
P/BV
Price to Book Value
Issue Details
Total Shares Offered
47,90,000 (100.00%)
Market Maker Reservation
2,44,000 shares (aggregating up to ₹8.17 Cr)
Pre-Issue Shareholding
1,52,17,392 shares%
Post-Issue Shareholding
1,80,07,392 shares%
Issue Price
₹335
Face Value
₹10
Lot Size
400 shares
Listing Exchange
BSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
Capital Expenditure: Purchase of cable identification, testing and fault location equipments Setting up of DC Solar Power Plant having a capacity of 1300 KW; Inhouse development of Technical Expertise in the Production of Green Hydrogen and associated equipment such as Electrolysers
Additional Working Capital Requirement
General Corporate Purposes.
Lead Managers
ISK Advisors Pvt.Ltd
IPO Timeline
Open
2024-11-25
Close
2024-11-27
Allotment
2024-11-28
Listing
2024-12-02
Registrar Details
Bigshare Services Pvt.Ltd
+91-22-6263 8200
ipo@bigshareonline.com
Check Allotment Status
Company Information
Email
cs@rajeshpower.com
Phone
+91 6358736465
Address
380/3, Siddhi House, Opp. Lal Bunglows B/H Sasuji Dinning Hall, Off C.G. Road, Navrangpura Ahmedabad - 380006, Ahmedabad, Gujarat
About Rajesh Power Services Ltd

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

  1. EHV Underground Cables and Transmission Lines
  2. EHV AIS/GIS Substations including Civil Works
  3. HV/MV/LV Underground Cable Laying and Overhead MVCC Conductor Installation
  4. Revamping the entire Distribution Network including Substations, RMUs, Transformers & Cables on Turnkey Basis
  5. Power Supply Arrangement Projects for Solar Power Plants
  6. Operation and Maintenance of EHV, HV, MV & LV Substations
  7. Operation and Maintenance of EHV, HV, MV & LV Transmission and Distribution Network

The company clients include GIFT City, Gandhinagar; Gujarat Metro Rail Corporation Ltd., Gandhinagar; , IFFCO, Adani Renewables, Prestige, Reliance Industries Limited, Torrent Power Ltd., Dholera; Jay Chemicals Ltd., Saykha; Sabar Dairy, Himmatnagar; Grindwell Norton Limited (Saint Gobain), Hindustan Coca Cola and so on and so forth.

Rajesh Power Services Ltd. (RPSL) specializes in EPC contracting and providing services to power transmission and distribution utilities.

Cometitive Strength

  • Constant Financial Growth maintaining healthy profit margins.
  • Successfully completed numerous power sector projects as an EPC contractor for over 20 years.
  • Looking for ways to expand our business in renewable energy, focusing on solar energy and hydrogen electrolyzers.

As of April 1, 2024, the Company employs 940 people in various departments.

Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹335
Lot Size
400 sh
Est. Listing
₹335
Pre-Issue Hold.
1,52,17,392 shares%
Post-Issue Hold.
1,80,07,392 shares%
Registrar
Bigshare Services Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
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