Rachana Infrastructure IPO subscription is to open on 20 May 2022 and will close on 25 May 2022, the price band of the Rachana Infrastructure IPO is fixed at ₹ 138. Rachana Infrastructure is a mid-size private sector company engaged in the business of Construction of Road projects on a Bill of Quantities (BOQ) and EPC basis. Check the Rachana Infrastructure Subscription Status & Allotment Status.
About Rachana Infrastructure
Rachana Infrastructure offers infrastructure and civil construction work. Rachana Infrastructure is a mid-size private sector company engaged in the business of Construction of Road projects on a Bill of Quantities (BOQ) and EPC basis. In the very initial periods, the Company got the contracts from the Government (Zilla Panchayat) on a very small scale. In addition, Rachana Infrastructure got subcontracts from the infrastructure Companies from Gujarat, Maharashtra, and many other states. Over a period of time, Company got expertise in the traditional construction of Buildings, Road Construction, Irrigation, Hydropower projects, and Mining. With time and experience, the company started expanding its business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan.
Also Read:
- Rachana Infrastructure IPO Subscription Status
- Rachana Infrastructure IPO Allotment Status
- Rachana Infrastructure IPO Listing Date
- About Rachana Infrastructure
- Important Details – Rachana Infrastructure
- Objects of the Issue
- Rachana Infrastructure Limited Financials:
- Rachana Infrastructure IPO Price – Details
- Rachana IPO DRHP & RHP
- Rachana IPO Lot Size
- Rachana IPO Lead Managers
- Rachana IPO Registrar
- Rachana IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Rachana IPO – FAQS
Important Details – Rachana Infrastructure
June 29, 2001 – The company was originally incorporated as “Rachana Infrastructure Limited‟ as Public Limited Company
Objects of the Issue
- Repayment of Secured Loans
- Working capital requirement
- General Corporate Purpose,
- Meeting Public Issue Expenses.
Rachana Infrastructure Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 8,784.50 | 8,043.07 | 10,618.21 | 7,981.82 |
| Total income | 4,171.07 | 10,705.67 | 15,840.55 | 11,393.32 |
| Total Expenses | 3,998.76 | 10,173.84 | 15,018.53 | 10,774.96 |
| Profit After Tax | 139.85 | 455.31 | 597.13 | 466.45 |
Rachana Infrastructure IPO Price – Details
| Description | Rachana IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 56,50,000 Equity Shares of ₹ 10 (aggregating up to ₹ 7797 lakhs) comprising a fresh issue of 28,25,000 Equity Shares (aggregating up to ₹ 3898 lakhs) |
| Issue Open Date | 20-May-22 |
| Issue Close Date | 25-May-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 138 |
| Face Value | ₹ 10 |
| Market Lot | 1000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | RILINFRA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Rachana IPO DRHP & RHP
Rachana Infrastructure IPO DRHP
Rachana Infrastructure IPO RHP
Rachana IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1000 | ₹ 1,38,000 |
| Maximum | 1 | 1000 | ₹ 1,38,000 |
Rachana IPO Lead Managers
- Interactive Financials Services Limited
Rachana IPO Registrar
Rachana IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 20-May-22 |
| Bid / Offer Closes on | 25-May-22 |
| Finalisation of Basis of Allotment | |
| Initiation of refunds | |
| Credit of the Equity Shares | |
| Listing Date |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (₹ in million) | NAV, as on March 31, 2021 (₹ per share) |
| Rachna Infrastructure Limited | 10 | 2.89 | 10,705.67 | 24.82 |
| HEC Infra Projects Limited | 10 | 1.53 | 3,826.78 | 142.24 |
| Akash Infra projects Limited | 10 | 0.65 | 6,705.68 | 45.77 |
Company Registered Office
404, 405, 4th Floor,
Angel Complex,
Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel,
Navrangpura,
Ahmedabad – 380009,
Gujarat.
Website: www.rachanainfra.com
Company Promoters
- Mr. Girishkumar Raval
- Mrs. Bhaminiben Mehta
Rachana IPO – FAQS
What is the Rachana IPO Price?
The Rachana IPO price band is 138 per share
When Rachana IPO will open?
The Rachana IPO opens on May 20, 2022, and closes on May 25, 2022
What is the lot size of Rachana Infrastructure IPO?
The Rachana Infrastructure IPO lot size is 1000 Equity Shares and the minimum order quantity is 1000 Equity Shares
Who is the Registrar for Rachana Infrastructure IPO?
The Registrar for Rachana Infrastructure IPO is Bigshare Services Private Limited
How to apply for Rachana Infrastructure IPO through UPI?
Check the step by step process here – Click here
How to apply for Rachana Infrastructure IPO through Zerodha?
Check the step by step process here – Click here
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