Rappid Valves IPO GMP, Review, Price, Allotment

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Last updated on September 30, 2024

Rappid Valves IPO GMP

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.

Rappid Valves IPO Allotment Status

Promoters of Rappid Valves (India) – Mr. Gaurav Vijay Dalal


Rappid Valves IPO Details

Rappid Valves IPO Dates23 – 25 September 2024
Rappid Valves Issue PriceINR 210 – 222 per share
Fresh issue13,69,800 shares (INR 28.77 – 30.41 crore)
Offer For SaleNIL
Total IPO size13,69,800 shares (INR 28.77 – 30.41 crore)
Minimum bid (lot size)600 Shares (INR 1,33,200)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

Rappid Valves Financial Performance

 FY 2022FY 2023FY 2024
Revenue12.1416.4036.51
Expenses11.8615.8131.07
Net income0.290.464.13
Figures in INR Crores unless specified otherwise

Rappid Valves Offer News


Rappid Valves Valuations & Margins

FY 2022FY 2023FY 2024
EPS5.271.3011.74
PE ratio––17.89 – 18.91
RONW (%)(117.61)14.5933.82
NAV(4.48)8.9234.72
ROCE (%)18.3815.8529.88
EBITDA (%)16.0214.2420.15
Debt/Equity (39.67)3.180.90
*Compiled by IPO Central from Prospectus

Rappid Valves IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
28 September 202490–55,000
27 September 202485–53,000
26 September 202475–45,000
25 September 202450–40,000
24 September 202443–37,000
23 September 202437–32,000
21 September 202445–35,000
20 September 202445–35,000
19 September 202445–35,000
18 September 202450–40,000
17 September 202450–40,000

Rappid Valves IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered2,59,8001,95,6004,55,4009,10,800
25 Sep 202455.97491.60101.16172.12
24 Sep 20241.0412.2615.6410.75
23 Sep 20240.002.094.342.62

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 Date23 September 2024
IPO Closing Date25 September 2024
Finalization of Basis of Allotment26 September 2024
Initiation of refunds27 September 2024
Transfer of shares to demat accounts27 September 2024
IPO Listing Date30 September 2024
Opening Price on NSE SMEINR 312 per share (up 40.54%)
Closing Price on NSE SMEINR 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: [email protected]
Website: [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: +91 810 811 4949
Email: [email protected]
Website: 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.

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