Rappid Valves (India) IPO Date, Review, Price, Allotment Details

Rappid Valves (India) IPO is opening for subscription on September 23, 2024, and closing on September 25, 2024. This NSE SME IPO aims to raise ₹30.41 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Rappid Valves (India) IPO is fixed at ₹210 – ₹222 Per Share, with a market lot of 600 share. The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Rappid Valves (India) IPO Allotment will done on September 26, 2024, and Rappid Valves (India) IPO listing date is September 30, 2024.

Rappid Valves (India) Company Profile

Rappid Valves (India) Limited is an emerging player in the industrial valve manufacturing sector. The company specializes in the design, manufacturing, and supply of high-quality valves for various industries, including oil and gas, petrochemicals, power generation, water treatment, and other critical applications. Their products are widely used in sectors that require precision and reliability in fluid control systems.

Core Products and Services

Rappid Valves offers a diverse range of industrial valves tailored to meet the specific requirements of their clients. Their product lineup includes:

1. Gate Valves – Valves designed to isolate or control the flow of liquids in pipelines.
2. Globe Valves – Typically used in throttling services, these valves regulate the flow of fluids in piping systems.
3. Ball Valves – Known for their durability, ball valves are used to allow or block flow in a variety of industrial processes.
4. Check Valves – Valves that prevent the backflow of fluid, ensuring unidirectional movement in the system.
5. Butterfly Valves – Compact and lightweight, they are ideal for applications requiring quick shut-off in limited spaces.
6. Safety Relief Valves – These are essential for preventing overpressure in systems and safeguarding equipment.

In addition to valve manufacturing, the company offers after-sales services such as installation, maintenance, and repairs, ensuring long-term support for their clients.

Rappid Valves (India) IPO GMP

Rappid Valves (India) IPO Objectives

The funds raised through the IPO will be utilized for:

1. Capital expenditure for the purchase of new plant, machinery, and software.
2. Renovation of the registered office and existing manufacturing unit.
3. Repayment/prepayment of borrowings.
4. Funding inorganic growth initiatives through acquisitions.
5. General corporate purposes.

Rappid Valves (India) IPO Key Details

• Rappid Valves (India) IPO Open Date: September 23, 2024
• Rappid Valves (India) IPO Close Date: September 25, 2024
• Rappid Valves (India) IPO Size: Approximately ₹30.41 Crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• Rappid Valves (India) IPO Price Band: ₹210 – ₹222 Per Equity Share
• Rappid Valves (India) IPO Listing on: NSE SME IPO
• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

Rappid Valves (India) IPO Timeline

• Rappid Valves (India) IPO Open Date: September 23, 2024
• Rappid Valves (India) IPO Close Date: September 25, 2024
• Basis of Allotment: September 26, 2024
• Refunds: September 27, 2024
• Credit to Demat Account: September 27, 2024
• Rappid Valves (India) IPO Listing Date: September 30, 2024

How to Apply for Rappid Valves (India) IPO

Investors can apply for the Rappid Valves (India) IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

Rappid Valves (India) Financial Performance (in Crores)

• Year 2022: Revenue ₹378.28, Expense ₹368.71, PAT ₹3.91, Assets ₹94.81
• Year 2023: Revenue ₹451.32, Expense ₹439.33, PAT ₹3.71, Assets ₹146.86
• Year 2024: Revenue ₹549.15, Expense ₹536.18, PAT ₹5.38, Assets ₹131.63

Rappid Valves (India) Valuation FY2024

• Return on Equity (ROE): 53.88%
• Return on Capital Employed (ROCE): 29.88%
• EBITDA Margin: 20.15%
• PAT Margin: 11.32%
• Debt to Equity Ratio: 0.90
• EPS: ₹11.74 (Basic)
• Return on Net Worth (RoNW): 33.82%
• Net Asset Value (NAV): ₹34.72

Rappid Valves (India) Peer Group

• Atam Valves Ltd: EPS ₹7.67, PE Ratio 20.36, RoNW 30.68%, NAV ₹25.01, Income NA
• Chemtech Industrial Valves Ltd: EPS ₹2.43, PE Ratio 114.40, RoNW 23.19%, NAV ₹10.47, Income NA
• Hawa Engineers Limited: EPS ₹1.98, PE Ratio 80.81, RoNW 4.25%, NAV ₹46.58, Income NA

Rappid Valves (India) Company Promoters

• Mr. Gaurav Vijay Dalal

Rappid Valves (India) IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: rappidvalves.smeipo@Linkintime.co.in

 

Rappid Valves (India) IPO Allotment Status Check

• Check the Rappid Valves (India) IPO allotment status on the Link Intime India website.

Rappid Valves (India) IPO Allotment Link

• Check the Rappid Valves (India) IPO allotment on the Check Ipo Allotment website.

Rappid Valves (India) IPO Lead Managers (Merchant Bankers)

• Shreni Shares Limited

 

Rappid Valves (India) Company Address

Genesis Industrial Complex,
Plot No. 30, Village Kolgaon,
Palghar (East),
Thane ,Maharashtra-401 404 India
Website: https://www.rappidvalves.in/
Phone: +91 9321463550
Email: investors@rapidvalves.net

 

Rappid Valves (India) IPO FAQs

 

What is Rappid Valves (India) IPO?

Rappid Valves (India) IPO is an NSE SME IPO. They are going to raise ₹30.41 Crores via IPO. The issue is priced at ₹210 – ₹222 Per equity share. The IPO is to be listed on NSE.

When will the Rappid Valves (India) IPO open?

The IPO is to open on September 23, 2024, for NII, and Retail Investors.

What is Rappid Valves (India) IPO Investors Portion?

The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.

How to Apply for the Rappid Valves (India) IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

How to Apply the Rappid Valves (India) IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

How to Apply for the Rappid Valves (India) IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

What is Rappid Valves (India) IPO Size?

Rappid Valves (India) IPO size is ₹30.41 Crores.

What is Rappid Valves (India) IPO Price Band?

Rappid Valves (India) IPO Price Band is ₹210 – ₹222 Per equity share.

What is Rappid Valves (India) IPO Minimum and Maximum Lot Size?

The IPO bid is 600 share with ₹133,200.

What is Rappid Valves (India) IPO Allotment Date?

Rappid Valves (India) IPO allotment date is September 26, 2024.

What is Rappid Valves (India) IPO Listing Date?

Rappid Valves (India) IPO listing date is September 30, 2024. The IPO to list on NSE SME IPO.