Nifty  23348.80  -169.70  (-0.72%)

Sensex  77102.57  -475.81  (-0.61%)

USDINR  84.50  0.05  (0.05%)

Rajesh Power Services Ltd
Registered Office:
380/3 Siddhi House off C.C. Rd,Navrangpur, Ahmedabad - 380006, Gujarat, India.
Initial public offer of upto 47,90,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Rajesh Power Services Limited (the "Company" or "RPSL" or "The Issuer") for cash at a price of Rs. [*] per share (including a share premium of Rs. [*] per equity share) (the "Issue Price"), aggregating to Rs. [*] crores ("The Issue"), comprising of fresh issue of upto 27,90,000 equity shares at Rs. [*] per equity shares aggregating to Rs. [*] crores and offer for sale of 20,00,000 equity shares by selling shareholders at Rs. [*] per equity shares aggregating to Rs. [*] crores. The offer includes a resrvation of upto 2,44,000 equity shares of face value of Rs. 10 each at a price of Rs. [*] per equity share aggregating to Rs. [*] crores for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 45,46,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 %, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 319 to Rs. 335 per equity share of face value of Rs. 10 each. The Floor price is 31.9 times the face value of the equity shares and cap price is 33.50 times the face value of the equity shares. Bid can be made for a minimum of 400 equity shares and in multiples of 400 equity shares.
Issue
Opens On Closes On
25-Nov-24 27-Nov-24
Money Payable On
Application Allotment
319.00 0.00
Minimum Application for shares in Nos : 400  Further Multiples of : 400
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 ISK Advisors Pvt Ltd
Project Financed through Current Offer () 152.80  
Post Issue Equity Share Capital () 18.01  
Issue Price () 319.00  
Projects
Capital Expenditure
Additional working capital requirements
General corporate purposes
Promoted By
Rajendra Baldevbhai Patel
Kurang Ramchandra Panchal
Kaxil Prafulbhai Patel
Listing At
BSE - SME
Registrar to the Issue