SME IPO Status: Listed [20th May 2022 to 3rd Jun 2022]
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.
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 |
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.
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
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): |
Zerodha Free Demat Account
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.
Incorporation | Sector | IPO Issue Size | Website |
2001 | Infrastructure | ₹77.97 Cr | http://www.rachanainfra.com/ |
The table below is live update of SME IPO bidding details from NSE and BSE.
Day | NII | RII | Total | |
---|---|---|---|---|
# of Shares Offered | 2,683,000 (50%) | 2,683,000 (50%) | 5,366,000 | 1 | 20th May 2022 17:02 | 0.00x | 0.12x | 0.06x | 2 | 23rd May 2022 17:02 | 0.04x | 0.21x | 0.13x | 3 | 24th May 2022 17:02 | 0.04x | 0.22x | 0.13x | 4 | 25th May 2022 17:02 | 0.09x | 0.27x | 0.18x | 5 | 26th May 2022 17:02 | 0.09x | 0.29x | 0.19x | 6 | 27th May 2022 17:02 | 0.09x | 0.31x | 0.20x | 7 | 30th May 2022 17:02 | 0.37x | 0.34x | 0.36x | 8 | 31st May 2022 17:02 | 0.47x | 0.36x | 0.42x | 9 | 1st Jun 2022 17:02 | 0.63x | 0.44x | 0.53x | 10 | 2nd Jun 2022 17:02 | 1.82x | 0.60x | 1.21x |
Past performance and financial results of Rachana Infrastructure.
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 |
Last Updated on 2022-11-24T10:58:55+00:00
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
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To subscribe or apply in Rachana Infrastructure SME IPO, you can use the following methods:
Rachana Infrastructure SME IPO Applying Mode | Method | Details |
Online Application | 3-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 Application | 2-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 Application | ASBA | 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 Application | Physical 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
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Rachana Infrastructure SME IPO is going to be list on 10-06-2022. NSE Code for Rachana Infrastructure is RILINFRA.
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Rachana Infrastructure SME IPO Allotment Date is 09-06-2022.
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