Rappid Valves IPO description – Founded in 2002, Rappid Valves (India) specializes in the manufacturing of valve solutions. Its extensive product lineup includes Ball Valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block Valves, Strainer Valves, and Marine Valves. These are produced in ferrous and non-ferrous materials, with sizes ranging from 15mm to 600mm, meeting a wide range of industry needs.
The company’s manufacturing facility is equipped with a wide range of machinery, including both conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment. This comprehensive setup ensures a smooth and efficient manufacturing process.
Rappid Valves (India) has a PAN India presence, with a clientele across 18 states and 1 Union Territory in the domestic market based on FY 2024 sales. As of 30 June 2024, the company employed 47 personnel at its manufacturing plant and office.
Promoters of Rappid Valves (India) – Mr. Gaurav Vijay Dalal
Table of Contents
Rappid Valves IPO Details
| Rappid Valves IPO Dates | 23 – 25 September 2024 |
| Rappid Valves Issue Price | INR 210 – 222 per share |
| Fresh issue | 13,69,800 shares (INR 28.77 – 30.41 crore) |
| Offer For Sale | NIL |
| Total IPO size | 13,69,800 shares (INR 28.77 – 30.41 crore) |
| Minimum bid (lot size) | 600 Shares (INR 1,33,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Rappid Valves Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 12.14 | 16.40 | 36.51 |
| Expenses | 11.86 | 15.81 | 31.07 |
| Net income | 0.29 | 0.46 | 4.13 |
Rappid Valves Offer News
- Rappid Valves RHP
- Rappid Valves Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Rappid Valves Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 5.27 | 1.30 | 11.74 |
| PE ratio | – | – | 17.89 – 18.91 |
| RONW (%) | (117.61) | 14.59 | 33.82 |
| NAV | (4.48) | 8.92 | 34.72 |
| ROCE (%) | 18.38 | 15.85 | 29.88 |
| EBITDA (%) | 16.02 | 14.24 | 20.15 |
| Debt/Equity | (39.67) | 3.18 | 0.90 |
Rappid Valves IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 September 2024 | 90 | – | 55,000 |
| 27 September 2024 | 85 | – | 53,000 |
| 26 September 2024 | 75 | – | 45,000 |
| 25 September 2024 | 50 | – | 40,000 |
| 24 September 2024 | 43 | – | 37,000 |
| 23 September 2024 | 37 | – | 32,000 |
| 21 September 2024 | 45 | – | 35,000 |
| 20 September 2024 | 45 | – | 35,000 |
| 19 September 2024 | 45 | – | 35,000 |
| 18 September 2024 | 50 | – | 40,000 |
| 17 September 2024 | 50 | – | 40,000 |
Rappid Valves IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 2,59,800 | 1,95,600 | 4,55,400 | 9,10,800 |
| 25 Sep 2024 | 55.97 | 491.60 | 101.16 | 172.12 |
| 24 Sep 2024 | 1.04 | 12.26 | 15.64 | 10.75 |
| 23 Sep 2024 | 0.00 | 2.09 | 4.34 | 2.62 |
The market maker reservation portion of 69,600 shares and anchor allocation of 3,89,400 shares are not included in the above calculations.
Rappid Valves IPO Allotment Status
Rappid Valves IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Rappid Valves IPO Dates & Listing Performance
| IPO Opening Date | 23 September 2024 |
| IPO Closing Date | 25 September 2024 |
| Finalization of Basis of Allotment | 26 September 2024 |
| Initiation of refunds | 27 September 2024 |
| Transfer of shares to demat accounts | 27 September 2024 |
| IPO Listing Date | 30 September 2024 |
| Opening Price on NSE SME | INR 312 per share (up 40.54%) |
| Closing Price on NSE SME | INR 309.35 per share (up 39.35%) |
Rappid Valves Offer Lead Manager
SHRENI SHARES LIMITED
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai – 400067, Maharashtra
Phone: 022 – 2089 7022
Email:Â [email protected]
Website:Â [email protected]
Rappid Valves Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Rappid Valves Issue Contact Details
RAPPID VALVES (INDIA) LIMITED
Genesis Industrial Complex, Plot No.
30, Village Kolgaon, Palghar (East),
Thane – 401404, Maharashtra, India
Phone: +91 9321463550
E-mail: [email protected]
Website: www.rappidvalves.in
IPO FAQs
What is the Rappid Valves offer size?
Rappid Valves offer size is INR 28.77 – 30.41 crores.
What is the Rappid Valves offer price band?
Rappid Valves public offer price is INR 210 – 222 per share.
What is the lot size of the Rappid Valves IPO?
Rappid Valves offer a lot size is 600 shares.
What is Rappid Valves IPO GMP today?
Rappid Valves IPO GMP today is INR 90 per share.
What is the Rappid Valves kostak rate today?
Rappid Valves kostak rate today is INR NA per application.
What is Rappid Valves Subject to the Sauda rate today?
Rappid Valves is Subject to the Sauda rate today is INR 55,000 per application.
