Rulka Electricals Ltd

Opens On Closes On
16-May-24 21-May-24
Money Payable On
Application Allotment
235.00 0.00

Minimum Application for shares in Nos : 600 Further Multiples of : 600

Lead Managers to the Issue
Project Cost (₹.Cr) 18.82 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 26.40  
Post Issue Equity Share Capital (₹.Cr) 4.26
Issue Price (₹) 235.00

To Meet Working Capital Requirement

General Corporate Expenses

Promoted By
Rupesh Laxman Kasavkar
Nitin Indrakumar Aher
Listing At
Registrar to the Issue
No Data Available
  • Registered Office: A-20 Shiva Ind.Estate Co Ltd,Lake Rd Nr Tata.Pwr Bhandup W, Mumbai - 400078, Maharashtra, India. Phone : +022 4127 6806 /+022 4974 2572   Fax:
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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.