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Rappid Valves India Ltd

Registered Office : Genesis Ind.Cmplx. Plot No.30,Village Kolgaon Palghar (East),Thane Maharashtra 401404 Phone : +91 93214 63550
Fax :

Email : investors@rapidvalves.net

Website : www.rappidvalves.in

Initial public offer of upto 13,69,800 equity shares of face value of Rs. 10/- each (the equity shares) of Rappid Valves (India) Limited (the company or Rappid Valves or the company or the issuer) for cash at a price of Rs. 222.00/- per equity share including a share premium of Rs. 212.00/- per equity share (the issue price) aggregating to Rs. 30.41 crores (the issue), of which upto 69,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 222.00/- per equity share including a share premium of Rs. 212.00/- per equity share aggregating to Rs. 1.55 crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e., net issue of upto 13,00,200 equity shares of face value of Rs. 10/- each at a price of Rs. 222.00/- per equity share including a share premium of Rs. 212.00/- per equity share aggregating to Rs. 28.86 crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.38 % and 25.04 % respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 22.20 times the face value of the equity shares. a

Issue

Opens On

Closes On

23-Sep-2024

25-Sep-2024

Money Payable On

Application

Allotment

222.00

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)

27.05

30.41

5.19

222.00

Shreni Shares Ltd

Projects

Funding the capital exp for purchase of new Plant & Machinery and Software by the company

Expenditure for renovation of registred office and existing mfg unit

Repayment/prepayment of all or certain of its borrowings availed of by the company

General corporate purposes

Pursuing inorganic growth initiatives through acquisitions

Promoted By

Gaurav Vijay Dalal

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd