Rappid Valves (India) IPO Details
| IPO Size | 30.41 |
| Price Range | ₹210 - ₹222 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 600 |
| Investment (cut-off price) | ₹133,200 |
| Pre IPO Promotor Holding | 69.46% |
| Post IPO Promotor Holding | 51.13% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Rappid Valves (India) IPO Timelines
23/09/2024
Start Date25/09/2024
End Date27/09/2024
Refund Initiation27/09/2024
Credit of Shares to Demat Ac30/09/2024
Listing DateRappid Valves (India) IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹133,200 |
| Retail Maximum | 1 | 600 | ₹133,200 |
| HNI Minimum | 2 | 1200 | ₹266,400 |
Rappid Valves (India) IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 55.97x | 491.49x | 109.09x | -- | 176.06x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹315 | ₹311 | ₹327.60 | ₹302 |
Rappid Valves (India) IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹12.15 | ₹11.86 | ₹0.29 |
| FY 2023 | ₹16.43 | ₹15.81 | ₹0.46 |
| FY 2024 | ₹36.60 | ₹31.07 | ₹4.13 |
About Company
Rappid Valves is an engineering company specializing in precision valve solutions for various industries. Manufactures and exports valves for critical applications in sectors including hydrocarbon, oil and gas, chemical, power, marine, mining, and general industry.
Operates a state-of-the-art plant located in Palghar, Maharashtra, 100 km from Mumbai, equipped to handle large and complex orders. ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and API607 fire-safe design approved.
Known for high-quality products, personalized customer service, and on-time deliveries, backed by years of field application experience and adherence to stringent flow control requirements.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Engineering | Gaurav Dalal |
Know Before Investing
Rappid Valves (India) IPO Strengths
- Offers a broad selection of products to meet diverse needs.
- Maintains strong, long-term relationships with clients.
- Utilizes the extensive experience of the promoter to drive success.
- Employs strong marketing strategies to enhance visibility and reach.
- Holds a solid standing and reputation within the marine industry.
Rappid Valves (India) IPO Risks
- Past negative cash flows could impact the company’s growth and business sustainability.
- Delays, interruptions, or price fluctuations in raw materials may adversely affect product pricing and overall business performance.
- Heavy reliance on a few customers means that losing or reducing revenue from any of them could negatively impact the company’s business.
Swot Analysis for Rappid Valves (India) IPO
Strengths
Weaknesses
Opportunities
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Company Details
Rappid Valves (India) Limited
Genesis Industrial Complex
Plot No. 30, Village Kolgaon
Palghar (East), Thane-401404
Phone: +91 9321463550
Email: [email protected]
Website: https://www.rappidvalves.in/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Rappid Valves (India) IPO are:
- Funding the Capital expenditure for the purchase of new Plant and machinery and Software by the Company;
- Expenditure for the renovation of the registered office and existing manufacturing unit;
- Repayment/prepayment of all or certain of our borrowings availed of by our Company;
- Pursuing inorganic growth initiatives through acquisitions and
- General corporate purposes.
Shreni Shares Pvt Ltd. is the book-running lead managers for the Rappid Valves (India) IPO.