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Rachana Infrastructure SME IPO Details, Price, IPO Lot

SME IPO Status: Listed [20th May 2022 to 3rd Jun 2022]

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Rachana Infrastructure SME IPO Detail

Rachana Infrastructure SME IPO of Rs. 77.97 Cr through a fresh issue of Rs. 38.99 Cr and an offer for sale of Rs. 38.99 Cr opens for subscription from 20 May to 3 June. The face value is Rs. 10 per share, and the IPO price band is fixed at Rs. 135 per share. One can apply for the IPO lot size of 1,000 shares and its multiples. Stay tuned with us to get the complete information about the Rachana Infrastructure SME IPO including issue details, tentative timeline, financials, pros, cons, grey market premium (GMP), allotment, and subscription.

Rachana Infrastructure SME IPO Details

SME IPO Issue Opening Date: 20th May 2022
SME IPO Issue Closing Date: 3rd Jun 2022
SME IPO Issue Price: ₹135 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: NSE SME
Retail Quota: 50
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹77.97 Cr
Offer for Sale: ₹38.99 Cr
Fresh Issue: ₹38.99 Cr
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 83.44%
Promoter Holding Post IPO: TBD
Allotment Status: Allotment Status
NSE Code: RILINFRA

IPO Live GMP IPO Live GMP

Rachana Infrastructure SME IPO Important Dates

In this section we have covered all important dates related to Rachana Infrastructure SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Rachana Infrastructure SME IPO important dates
SME IPO Activity Date
Basis of Allotment Date* 9th Jun 2022
Refunds Initiation* 9th Jun 2022
Credit of Shares to Demat* 9th Jun 2022
SME IPO Listing Date* 10th Jun 2022

* - Tentative Dates

Rachana Infrastructure SME IPO Lots

SME IPO Activity Date
Issue Price ₹135
Market Lot: 1000 Shares
1 Lot Amount: ₹135000
Min Small HNI Lots(2-10 Lakh): 2000 shares (2 lots)
Min Big HNI Lots(10+ Lakh):
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  • About Company - Rachana Infrastructure

    Rachana Infrastructure Ltd is one of the mid-sized private sectors that is engaged in the business of construction of road projects on the bill of quantities (BoQ) and EPC basis. The company works on government contracts and sub-contracts from infrastructure companies in Gujarat, Maharashtra, and other states. The company undertakes construction activities in different verticals including Roads and Highways, Bridges, Mining, Irrigation, Pipelines, Buildings, and Hydropower projects.

    It has successfully completed many projects with Madhya Pradesh Public Works Department, MP Road Development Corporation, Power Grid Corporation of India, Gujarat Minerals Development Corporation, ONGC, and more.

    Rachana Infrastructure SME IPO Strengths

    • Leading road-focused BOQ and EPC contractor company.
    • Established track record of successful project execution.
    • Strong growth outlook with robust order book value.
    • Integrated in-house project team with strong project execution capabilities.
    Incorporation Sector IPO Issue Size Website
    2001 Infrastructure ₹77.97 Cr http://www.rachanainfra.com/

    Rachana Infrastructure SME IPO Objective

    • To repay secured loans of company.
    • Meet working capital reuqirements.
    • Meet general corporate purposes.
    • Meet public issue expenses.

    Request call back from Zerodha

    Rachana Infrastructure SME IPO Live Subscription (NSE + BSE)

    The table below is live update of SME IPO bidding details from NSE and BSE.

    • Non-Institutional Investors: 2,683,000 Shares
    • Retail Individual Investor: 2,683,000 Shares
    IPO Bidding Live Updates from BSE + NSE
    Day NIIRIITotal
     # of Shares Offered2,683,000 (50%)2,683,000 (50%)5,366,000
    120th May 2022 17:020.00x0.12x0.06x
    223rd May 2022 17:020.04x0.21x0.13x
    324th May 2022 17:020.04x0.22x0.13x
    425th May 2022 17:020.09x0.27x0.18x
    526th May 2022 17:020.09x0.29x0.19x
    627th May 2022 17:020.09x0.31x0.20x
    730th May 2022 17:020.37x0.34x0.36x
    831st May 2022 17:020.47x0.36x0.42x
    91st Jun 2022 17:020.63x0.44x0.53x
    102nd Jun 2022 17:021.82x0.60x1.21x

    Rachana Infrastructure Financials for past 3 Years

    Past performance and financial results of Rachana Infrastructure.

    Rachana Infrastructure financial
    Rachana Infrastructure IPO Financials (₹ in Lakhs) 31-Dec-2021 31-Mar-2021 31-Mar-2020 31-Mar-2019
    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
    Net Profit/Loss ₹139.85 ₹455.31 ₹597.13 ₹466.45

    Company Address

    Rachana Infrastructure Limited
    404, 405, 4th Floor, Angel Complex, Nr. Income Tax Railway Crossing, Nr. Oassis Hotel,
    Navrangpura, Ahmedabad,Gujarat-380009
    India
    Website: http://www.rachanainfra.com/
    Phone: 079 - 26560327
    Email: [email protected]

    Rachana Infrastructure SME IPO Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: https://www.bigshareonline.com/
    Phone: +91-22-6263 8200
    Email: [email protected]

    Rachana Infrastructure SME IPO Lead Manager

    1. Venture Capital And Corporate Investments Pvt Ltd
    Rachana Infrastructure SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Rachana Infrastructure? Should I apply in Rachana Infrastructure SME IPO?

    Last Updated on 2022-11-24T10:58:55+00:00

    FAQs

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Rachana Infrastructure SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Rachana Infrastructure SME IPO with Zerodha.

    Alternate approch to apply in Rachana Infrastructure SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Rachana Infrastructure SME IPO Review and Important Updates

    Other relevant questions :

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    Apply in Rachana Infrastructure SME IPO online

    To subscribe or apply in Rachana Infrastructure SME IPO, you can use the following methods:

    Rachana Infrastructure SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Rachana Infrastructure SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Rachana Infrastructure SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Rachana Infrastructure SME IPO. Most of the Syndicate Banks provide access to apply in Rachana Infrastructure IPO via ASBA process. You must have your net banking access, DP ID information to apply in Rachana Infrastructure SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Rachana Infrastructure SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Rachana Infrastructure SME IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Rachana Infrastructure SME IPO? Where to apply for Rachana Infrastructure SME IPO? How to subscribe Rachana Infrastructure SME IPO online? Rachana Infrastructure SME IPO where to apply? Where to buy Rachana Infrastructure SME IPO online? How to buy Rachana Infrastructure SME IPO online? How to purchase Rachana Infrastructure SME IPO? How to get Rachana Infrastructure SME IPO? How to book Rachana Infrastructure SME IPO? How to invest Rachana Infrastructure SME IPO? Rachana Infrastructure SME IPO kaise buy kare?

     

    Rachana Infrastructure SME IPO Application is not yet available.

     

    Rachana Infrastructure SME IPO is going to be list on 10-06-2022. NSE Code for Rachana Infrastructure is RILINFRA.

    Other relevant questions:

    When Rachana Infrastructure SME IPO will be listing? Rachana Infrastructure SME IPO NSE listing date?Rachana Infrastructure SME IPO date of listing

     

    Rachana Infrastructure SME IPO Allotment Date is 09-06-2022.

    Other relevant questions:

    Rachana Infrastructure SME IPO share allotment date?Rachana Infrastructure SME IPO allotment date?

     


    User Reviews

    avatar
    5. Nitesh Kumar May 17 2022 12:22:52 AM Reply
    Rachana Infrastructure SME IPO expected listing gain.
    avatar
    4. MANSI VOHRA May 17 2022 12:22:52 AM Reply
    Please confirm Rachana Infrastructure SME IPO GMP (grey market premium) and kostak.
    avatar
    3. n ramachandran May 17 2022 12:22:52 AM Reply
    Rachana Infrastructure SME IPO good or bad.
    avatar
    2. Pote Arun D. May 17 2022 12:22:52 AM Reply
    Rachana Infrastructure SME IPO whether to invest or not.
    avatar
    1. Lithin  May 17 2022 12:22:52 AM Reply
    Rachana Infrastructure SME IPO - CRISIL Rating, Apply or not?.