Rachana Infrastructure IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 20 May 2022 - 25 May 2022
Issue Size ₹38.99 Cr
Issue Price ₹138
Market Lot 1000 Shares
Shares on Offer 2,825,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About Rachana Infrastructure Limited

Since its incorporation in 2001 Rachana Infrastructure Ltd, have time to time proven its mettle and strength in the field of Infrastructure.We have acclaimed experience and expertise in the field of road construction. Consistently building more than a 100Lane Kms of roads every year since past five years, including both Flexible (Bituminous) Pavement and Rigid (Cement Concrete) Pavement. We have carried out work for Pipeline lying and also having work experience in irrigation projects.

They own all the equipment man power and more importantly a will. We command a flight of latest machinery that empowers us to undertake mammoth tasks of road building. With over 400 employees and growing every year we have an established and motivated work force, which is not only a team but also a family.

They have successfully completed projects in various departments of Government and some of our satisfied clients are Public Works Department Madhya Pradesh, Road and Building Department of Gujarat State, Madhya Pradesh Road Development Corporation, Power Grid Corporation of India, Gujarat Minerals Development Corporation, Road Construction Department Jharkhand, ONGC Petro-Additions Limited, Ahmedabad Municipal Corporation, and Ahmedabad Urban Development Corporation etc.

Company Promoters

Mr. Girishkumar Raval and Mrs. Bhaminiben Mehta are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 8,043.07 10,618.21 7,981.82
Total Revenue (In ₹ Millions) 10,705.67 15,840.55 11,393.32
Profit After Tax (PAT) (In ₹ Millions) 455.31 597.13 466.45

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Rachana Infrastructure Limited IPO Reviews

  • Rating: 
  • Recommendation:

Subscription Details

Date & Time QIB NII RII Total
Day 1 - 20 May 2022
Day 2 - 23 May 2022
Day 3 - 24 May 2022
Day 4 - 25 May 2022

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Rachana Infrastructure Limited IPO FAQs

  1. When will Rachana Infrastructure Limited IPO open?

    Rachana Infrastructure Limited IPO will open on 20 May 2022 and close on 25 May 2022.

  2. What is the listing date of Rachana Infrastructure Limited IPO?

    Rachana Infrastructure Limited IPO will list on .

  3. What is the offer price of Rachana Infrastructure Limited IPO?

    The offer price of Rachana Infrastructure Limited IPO is ₹138.

  4. What is the lot size of Rachana Infrastructure Limited IPO?

    The lot size of Rachana Infrastructure Limited IPO is 1000.

  5. What is the Grey Market Premium (GMP) price of Rachana Infrastructure Limited IPO?

    The Grey Market Premium (GMP) price of Rachana Infrastructure Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Rachana Infrastructure Limited IPO?

    The Kostak price of Rachana Infrastructure Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Rachana Infrastructure Limited IPO?

    The Subject to Sauda price for Rachana Infrastructure Limited IPO is Not Available at the moment.

Rachana Infrastructure Limited IPO Review/Comments

Please Leave Your Message