Rulka Electricals SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Rulka Electricals IPO. Explore Rulka Electricals IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Rulka Electricals Limited specializes in turnkey projects contractor, offering comprehensive solutions for various electrical and fire-fighting needs across industrial, commercial, retail, and theater sectors. With integrated operations covering designing, supplying, installing, testing, commissioning, and maintenance, the company ensures the seamless execution and longevity of projects. Established in 2013, Rulka Electricals has evolved into a prominent player in the electrical contracting industry, driven by a commitment to quality, innovation, and customer satisfaction.
Key Points:
- Portfolio: Rulka Electricals provides a wide range of services, including electrical solutions, electrical panels, solar EPC contracts, warehouse projects, commercial and industrial services, maintenance services, and data & voice cabling installation. The company's expertise spans across various sectors, catering to the diverse needs of clients.
- Operations: The company's turnkey approach involves end-to-end project management, from design to installation and maintenance. With a focus on delivering comprehensive solutions, Rulka Electricals ensures the seamless execution and longevity of electrical and fire-fighting systems.
- Skilled Workforce: The company boasts a skilled workforce comprising technicians, engineers, and quality controllers who work collaboratively to ensure the timely completion of projects. Regular training programs ensure that employees stay updated with industry trends and deliver optimal performance.
Objects of the Issue
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Offer Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 May - 21 May 2024 |
| IPO Price Band | ₹ 223 - 235 per share |
| Fresh Issue | Upto 8,42,400 Shares ( Approx ₹ 19.80 crore) |
| Offer For Sale | Up to 2,80,800 shares ( Approx ₹ 6.60 crore) |
| Total IPO Size | Approx ₹ 26.40 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 May 2024 |
| IPO Closing Date | 21 May 2024 |
| Basis Of Allotment | 22 May 2024 |
| Refunds | 23 May 2024 |
| Demat Transfer | 23 May 2024 |
| IPO Listing Date | 24 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| Total Income | 19.60 | 36.27 | 46.90 | 65.28 |
| Total Expenses | 18.87 | 34.37 | 43.28 | 57.71 |
| Net Profit/Loss | 0.54 | 1.12 | 2.81 | 5.66 |
| NPM (*) | 2.74 | 3.09 | 5.99 | 8.68 |
| Total Assets | 9.82 | 19.19 | 28.27 | 40.82 |
| Total Liabilities | 8.18 | 16.42 | 22.70 | 27.92 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| EPS | 1.63 | 3.40 | 8.50 | 16.67 |
| ROE (%) | 38.96 | 50.76 | 67.26 | 61.25 |
| ROCE (%) | 24.66 | 37.82 | 36.51 | 33.67 |
| D/E Ratio | 4.95 | 5.83 | 4.06 | 2.16 |
| Current Ratio | 1.11 | 1.05 | 1.17 | 1.42 |
| EBITDA MARGIN (%) | 5.36 | 6.07 | 8.56 | 12.45 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Rulka Electricals Limited | 46.84 | 27.65 | 8.50 | 50.33 | 16.89 |
| HEC Infra Projects Limited | 51.73 | 37.24 | 0.78 | 2.62 | 29.16 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 204.22 |
| Non-Institutional Investor (NII/HNI) | 1350.15 |
| Retail Individual Investor (RII) | 658.32 |
| Total | 676.83 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. RUPESH LAXMAN KASAVKAR
- MR. NITIN INDRAKUMAR AHER
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
Rulka Electricals Limited
A - 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West, Mumbai City, Mumbai- 400078, Maharashtra, India
Phone: +022 41276806, 022 49742572, 91- 9029086744
Email: info@replservices.com
Website: www.replservices.com
FAQs
- What is the issue size of the Rulka Electricals SME IPO?The Rulka Electricals SME IPO has an issue size of Approx ₹ 26.40 crore. This includes a fresh issue of Upto 8,42,400 Shares ( Approx ₹ 19.80 crore) and an offer for sale (OFS) of Up to 2,80,800 shares ( Approx ₹ 6.60 crore).
- What is the price band of the Rulka Electricals IPO?The price band for the Rulka Electricals IPO is ₹ 223 - 235 per share.
- What are the bidding dates for the Rulka Electricals IPO?The Rulka Electricals IPO will open for bidding on 16 May 2024 and close on 21 May 2024.
- What is the allotment date for the Rulka Electricals IPO?The allotment date for the Rulka Electricals IPO is 22 May 2024.
- What is the listing date for the Rulka Electricals IPO?The listing date for the Rulka Electricals IPO is 24 May 2024.
- What is the Rulka Electricals IPO grey market premium?The grey market premium (GMP) for the Rulka Electricals IPO is currently at ₹410, with an expected listing gain of approximately 174.47%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.