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Rulka Electricals Ltd

Rulka Electricals Ltd

    Registered Office : A-20 Shiva Ind.Estate Co Ltd,Lake Rd Nr Tata.Pwr Bhandup W,Mumbai Maharashtra 400078 Phone : +022 4127 6806 /+022 4974 2572
    Fax :

    Email : info@replservices.com

    Website : www.replservices.com

Initial public offering of 11,23,200 equity shares of face value of Rs. 10.00 each ("Equity Shares") of the company for cash at a price of Rs. 235.00 per equity share (including a share premium of Rs. 225.00 per equity share) ("Offer Price") aggregating Rs. 26.40 crores ("Offer"). The offer comprises a fresh offer of 8,42,400 equity shares aggregating Rs. 19.80 crores ("Fresh Issue") and an offer for sale of 2,80,800 equity shares ("Offered Shares") aggregating Rs. 6.60 crores, by Abhay Kantilal Shah HUF and such offer for sale of equity shares by the selling shareholder, the "Offer for Sale"). This offer includes a reservation of 56,400 equity shares aggregating Rs. 1.33 crores for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.38% and 25.05%, respectively, of the post-offer paid-up equity share capital of the company, respectively.

Issue

Opens On

Closes On

16-May-2024

21-May-2024

Money Payable On

Application

Allotment

235.00

0.00

Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

18.82

26.40

4.26

235.00

Beeline Capital Advisors Pvt Ltd

Projects
  • To Meet Working Capital Requirement
  • General Corporate Expenses
Promoted By
  • Rupesh Laxman Kasavkar
  • Nitin Indrakumar Aher
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd