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Rajesh Power Services Ltd.

Trading

IPO Details
  • Issue Type Book building
  • Price range Rs.319-335
  • Market Lot 400
  • Total Equity Shares 3453600
  • Face Value Rs. 10
  • Listing Date Dec 02, 2024
IPO Timeline
Opening date Nov 25, 2024
Closing date Nov 27, 2024
Listing Date Dec 02, 2024

IPO Details

Rajesh Power Services Limited (RPSL) offer services to Renewable and Non-Renewable segment of Power sector. In Renewable power sector, the company offer technical services to setup solar power plant and also work on Turkey bases to build operate and maintain solar power plant. Further in Non-Renewable power sector RPSL offers services which includes implementation of Turnkey projects for laying Extra High Voltage cables & transmission lines, setting up Extra High Voltage (EHV) substation, Design and implication of underground power distribution system. Rajesh power also offers Operations and Maintenance which includes operating and maintaining solar plants and EHV substations. Further the company is also engaged into providing Utility Services to power plants and power transmission companies, services include cable fault location and rectification, Replacement and retrofitting of transformers and switch gears. Rajesh Power also provides services Consultancy Services with regard to designing of power substations and cable system.

Projects

1. Project Name: i). Purchase of cable identification, testing and fault location equipments

Project Cost: 179.482

2. Project Name: ii). Setting up of DC Solar Power Plant having capacity of 1300 KW

Project Cost: 41.611

3. Project Name: iii)Inhouse development of Technical Expertise in Production of Green Hydrogen and associated equipm

Project Cost: 30

4. Project Name: Additional Working Capital Requirement

Project Cost: 300

5. Project Name: General Corporate Purpose

Project Cost: 228.6

Promoters

Prmoters Name

1. Rajendra Baldevbhai Patel

2. Kurang Ramchandra Panchal

3. Kaxil Prafulbhai Patel

4. Utsav Nehal Panchal

Prmoters Holdings
  • Pre Share Capital: 15217392
  • Pre Promoter Holding: 100
  • Offer to Public: 3453600
  • Post Share Capital: 13217392
  • Post Promoter Holding: 73.4

Registrar

Registrar Name:Bigshare Services Pvt Ltd
Phone: 91-022-40430200
Email: Investor@bigshareonline.com
Website:

Lead Managers

  • ISK Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3053
Total Equity 3453600

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 913600
No of Shares Bid For Qualified Institutional Buyers 42384000
Total No of Shares Bid For Qualified Institutional Buyers 46.39
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 12392800
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 29991200
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 935200
No of Shares Bid For Non-Institutional Buyers 95946400
Total No of Shares Bid For Non-Institutional Buyers 102.59
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 4304400
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 91054800
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 587200
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1604800
No of Shares Bid For Retail Individual Investor 51277600
Total No of Shares Bid For Retail Individual Investor 31.95
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 35565600
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 15712000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 3453600
No of Shares Bid For All 189608000
Total 54.90