Fixed Price IPO | ₹19 Cr | Listed at NSE SME | Fri, Jun 29, 2018 - Thu, Jul 5, 2018
Rudrabhishek Enterprises IPO is a fixed price issue of ₹18.75 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹18.75 crore.
Rudrabhishek Enterprises IPO bidding started from Jun 29, 2018 and ended on Jul 5, 2018. The shares got listed on NSE SME on Jul 13, 2018.
Rudrabhishek Enterprises IPO price is ₹41 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,23,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,46,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Indo Jatalia Securities Pvt.Ltd..
Refer to Rudrabhishek Enterprises IPO RHP for detailed Information.
IPO Open
Fri, Jun 29, 2018
IPO Close
Thu, Jul 5, 2018
Issue Price
₹41 per share
Market Cap (Pre-IPO)
₹71.09 Cr
| IPO Date | 29 Jun to 5 Jul, 2018 |
| Listed on | Fri, Jul 13, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹41 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 45,72,000 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 2,31,000 shares Indo Jatalia Securities Pvt.Ltd. (agg. up to ₹0.9471 Cr) |
| Fresh Issue (Ex Market Maker) | 43,41,000 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 43,41,000 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 1,27,70,500 shares |
| Share Holding Post Issue | 1,73,39,500 shares |
| NSE Symbol | REPL |
| ISIN | INE364Z01019 |
Rudrabhishek Enterprises IPO comprises a total issue size of 45,69,000 shares. The net offer to the public is 43,38,000 shares, after excluding 2,31,000 shares allotted on a firm basis. Of the Net offer 21,69,000 (50.00%) allocated to NII 21,69,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 21,69,000 | 50.00% | 47.47% |
| Retail Shares Offered | 21,69,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,31,000 | 5.06% | |
| Total Shares Offered | 45,69,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,23,000 |
| Retail (Max) | 1 | 3,000 | ₹1,23,000 |
| HNI (Min) | 2 | 6,000 | ₹2,46,000 |
Incorporated in 1992, Delhi based Rudrabhishek Enterprises Limited is a company engaged in providing integrated services in Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services.
The Company is not just providing every service of its field under one roof but also providing them at every level. In other words, the Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning.
REPL also provides its services to Corporate Clients. Some major Corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc.
Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services.
As of May 31, 2018, Company has 172 employees on its payroll.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To raise funds for long term working capital requiredfor the Business of the Company. | 13.54 |
| 2 | General Corporate Purpose and | 3.57 |
The Rudrabhishek Enterprises IPO is subscribed 1.17 times on July 5, 2018 6:30:00 PM (Day 5). The public issue subscribed 0.52 times in the retail category, [.] times in the QIB category, and 1.81 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.81 | 21,69,000 | 39,18,000 |
| Retail | 0.52 | 21,69,000 | 11,37,000 |
| Total | 1.17 | 43,38,000 | 50,55,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker, market making fees, selling commissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc. and other out of pocket expenses | 1.20 |
| 2 | Advertisement and Marketing expenses | 0.31 |
| 3 | Printing and Stationery (including courier and transportation charges) | 0.05 |
| 4 | Others (Processing fees, listing fee, Corporate Action charges etc) | 0.06 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹41.00 |
| Open | ₹41.25 |
| Low | ₹40.10 |
| High | ₹42.00 |
| Last Trade | ₹41.70 |
Lead Manager Reports
Rudrabhishek Enterprises IPO is a SME IPO of 45,72,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹41 per share. The minimum order quantity is 3000.
The IPO opens on Fri, Jun 29, 2018, and closes on Thu, Jul 5, 2018.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Rudrabhishek Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Rudrabhishek Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Rudrabhishek Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Rudrabhishek Enterprises IPO opens on Fri, Jun 29, 2018 and closes on Thu, Jul 5, 2018.
Rudrabhishek Enterprises IPO lot size is 3000, and the minimum amount required for application is ₹1,23,000.
You can apply in Rudrabhishek Enterprises IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Rudrabhishek Enterprises IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Rudrabhishek Enterprises IPO allotment status.
The Rudrabhishek Enterprises IPO listing date is on Fri, Jul 13, 2018.
