The Rulka Electricals IPO started on May 16, 2024, and ended on May 21, 2024. Shares were allocated on May 22, 2024, and refund processes began on May 23, 2024. On May 23, 2024, the shares were credited to investors demat accounts. Rulka Electricals was officially listed on the stock exchange on May 24, 2024.
During the IPO, Rulka Electricals offered shares at a price range of ₹223 to ₹235 per share, and the lot size was 600 shares. The total issue size was ₹26.40 crores, with ₹19.80 crores from new shares and ₹6.60 crores from shares for sale. The IPO was listed on the NSE SME.
Rulka Electricals IPO Subscription Update Video
Rulka Electricals IPO Subscription Status
The Rulka Electricals IPO on May 21, 2024 was subscribed 676.83 times, with the retail category being subscribed 658.32 times, the NII (Non-Institutional Investor) category being subscribed 1,350.15 times, the QIB (Qualified-Institutional Buyers) category being subscribed 204.22 times.
| Category | Subscription |
| QIB | 204.22x |
| NII | 1,350.15x |
| Retail | 658.32x |
| Total | 676.83x |
Rulka IPO Basic Details
| Company Name | Rulka Electricals Limited |
| Rulka Electricals IPO Open Date | May 16, 2024 |
| Rulka Electricals IPO Close Date | May 21, 2024 |
| Rulka Electricals IPO Allotment Date | May 22, 2024 |
| Rulka Electricals IPO Listing Date | May 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹223 to ₹235 per share |
| Lot Size | 600 Shares |
| Issue Size | 1,123,200 shares of ₹10 (aggregating up to ₹26.40 Cr) |
| Fresh Issue | 842,400 shares of ₹10 (aggregating up to ₹19.80 Cr) |
| Offer for Sale | 280,800 shares of ₹10 (aggregating up to ₹6.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Rupesh Laxman Kasavkar and Mr Nitin Indrakumar Aher |
About Rulka Electricals Limited
Founded in May 2013, Rulka Electricals Limited specializes in providing electrical and fire-fighting solutions. We offer a wide range of services, including:
- Electrical solutions
- Electrical panels
- Solar EPC contracts
- Turn-key electrical warehousing projects
- Commercial and industrial electrical services
- Maintenance services
- Electrical contracting
- Data and voice cabling installation
Our services cater to various sectors such as industrial, commercial, retail, and theater. Our integrated approach covers designing, supplying, installing, testing, and commissioning projects.
Rulka Electricals Limited generates all of its revenue from Turnkey Projects, which include materials, labor, engineering, design, and consulting services.
We categorize our services into:
- Electrical Services
- Fire Fighting Systems
- Security Systems
- Public Address Systems
- Access Control Systems
- Audio-Video Systems Services
- CCTV Systems Service
- IT & Networking Services
- Solar Systems
We are proud to be ISO 9001:2015 certified for our quality management systems. As of February 29, 2024, Rulka Electricals Limited employs 92 dedicated staff members.
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Rulka Electricals IPO FAQs
What is the start and end date of Rulka Electricals IPO Subscription?
The Rulka Electricals IPO started on May 16, 2024, and ended on May 21, 2024.
When does Rulka Electricals IPO Subscription open?
The Rulka Electricals IPO open on May 16, 2024.
When does Rulka Electricals IPO Subscription close?
The Rulka Electricals IPO Close on May 21, 2024.
What is the allotment date of Rulka Electricals IPO?
The allotment date for Rulka Electricals IPO is May 22, 2024.
When is the initial refund date of Rulka Electricals IPO?
The initial Refund date for Rulka Electricals IPO is May 23, 2024.
When were the shares credited to investors demat accounts for the Rulka Electricals IPO?
The shares for the Rulka Electricals IPO were credited to investors demat accounts on May 23, 2024.
When will Rulka Electricals IPO be listed on the stock market?
Rulka Electricals IPO stock market will be listed on May 24, 2024 at 10 am.
What was the price range of the Rulka Electricals IPO shares?
The Rulka Electricals IPO shares were offered at a price range of ₹223 to ₹235 per share.
What was the lot size for the Rulka Electricals IPO shares?
The lot size for the Rulka Electricals IPO shares was 6000 shares.
What was the total issue size of the Rulka Electricals IPO?
The total issue size of the Rulka Electricals IPO was ₹26.40 crores.
On which stock exchanges was the Rulka Electricals IPO listed?
The Rulka Electricals IPO was listed on the NSE SME.
What is the Rulka Electricals IPO Subscription Status?
Rulka Electricals IPO is subscribed 676.83 Times.
