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Rachana Infrastructure IPO Date, GMP, Review, Price, Allotment & Analysis

Written by on May 17, 2022

Rachana Infrastructure IPO date is fixed, The IPO is to open on May 20, 2022 and will close on May 25, 2022. Incorporated in 2001, Rachana Infrastructure Limited is an Infrastructure & Construction company providing all types of infrastructure and civil construction work. RIL has a presence in Ahmedabad in early-stage while now they are working with Pan-India clients. They are engaged in the construction of roads and highways, irrigation, hydropower project, and mining and pipeline construction. The company is expanding its business in states like Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan.

Their upcoming infra Gaint with huge projects of Roads & Irrigation works and operation in 5 states across India. They are planning to become a corporate and household name in the field of civil & infra construction and Government Projects. They have some big clients that are OPAL, ONGC, Ahmedabad Municipal Corporation, L&T, Powergrid, NBCC, Ahmedabad Urban Development Authority, Simplex, Shreeji Infra, Asian Development Bank, Madhya Pradesh Road Development Corporation, Ranjit Buildcon, Road & Building Department Gujarat, Road Construction Department, Government of Jharkhand, and Ministry of Road Transport and Highways.

Rachana Infrastructure is a BSE SME IPO to raise ₹77.97 crores via IPO. The Rachana Infrastructure IPO price band is fixed at ₹138 with a market lot of 100 shares. You can check Rachana Infrastructure IPO subscription status and Rachana Infrastructure IPO allotment status on their respective pages.

Rachana Infrastructure IPO Review

Date
GMP
Kostak Subject to
17 May ₹- ₹- ₹-

Rachana Infrastructure IPO Date & Price Band

 Rachana Infrastructure IPO Open:  May 20, 2022
 Rachana Infrastructure IPO Close:  May 25, 2022
 Rachana Infrastructure IPO Size:  Approx ₹77.97 Crores
 Face Value:  ₹10 Per Equity Share
 Rachana Infrastructure IPO Price Band:  ₹138 Per Equity Share
 Rachana Infrastructure IPO Listing on:  BSE SME
 Retail Quota:  50%
 QIB Quota:  -%
 NII Quota:  50%
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

Rachana Infrastructure IPO Market Lot

The Rachana Infrastructure IPO minimum market lot is 100 shares with a ₹138,000 application amount.

 IPO Lot Size:  Minimum 100 Shares for 1 lot
 Minimum Amount:  ₹138,000 for 1 lot

Rachana Infrastructure IPO Allotment & Listing Dates

The Rachana Infrastructure IPO date is May 20 and the IPO close date is May 25. The IPO allotment date is May 2022 and the IPO may list on June 2022.

 Rachana Infrastructure IPO Open Date:  May 20, 2022
 Rachana Infrastructure IPO Close Date:  May 25, 2022
 Basis of Allotment:  May 2022
 Refunds:  May 2022
 Credit to Demat Account:  May 2022
 Rachana Infrastructure IPO Listing Date:  June 2022

Rachana Infrastructure IPO Form

How to apply Rachana Infrastructure IPO? You can apply Rachana Infrastructure IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rachana Infrastructure IPO in the Invest section. The other option you can apply Rachana Infrastructure IPO via IPO forms download via BSE website. Check out the Rachana Infrastructure forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.

Rachana Infrastructure Company Financial Report

₹ in Crores
Revenue Expense PAT
2019 ₹114 ₹108 ₹4.66
2020 ₹158 ₹150 ₹5.97
2021 ₹107 ₹102 ₹4.55
2022 9M ₹42 ₹40 ₹1.40

Rachana Infrastructure IPO Valuation – FY2021

Check Rachana Infrastructure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

 Earning Per Share (EPS):  ₹2.89 per Equity Share
 Price/Earning P/E Ratio:  47.75
 Return on Net Worth (RoNW):  11.63%
 Net Asset Value (NAV):  24.82 per Equity Share

Peer Group

  • HEC Infra Projects Limited 
  • Akash Infra projects Limited

Company Promoters

  • Mr. Girishkumar Raval
  • Mrs. Bhaminiben Mehta

Rachana Infrastructure IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Rachana Infrastructure IPO Allotment Status

Check Rachana Infrastructure IPO allotment status on Bigshare website URL. Click Here

Rachana Infrastructure IPO Lead Managers

  • Interactive Financial Services Ltd

Company Address

Rachana Infrastructure Limited
404, 405, 4th Floor,
Angel Complex, Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel, Navrangpura, Ahmedabad – 380009
Phone: 079 – 26560327
Email: [email protected]
Website: https://rachanainfra.com/

Rachana Infrastructure IPO FAQs

What is Rachana Infrastructure IPO?

Rachana Infrastructure IPO is an BSE SME IPO. They are going to raise ₹77.97 Crores via IPO. The issue is priced at ₹138 per equity share. The IPO is to be listed on BSE.

When Rachana Infrastructure IPO will open?

The IPO is to open on May 20, 2022 for NII, and Retail Investors.

What is Rachana Infrastructure IPO Investors Portion?

The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.

How to Apply the Rachana Infrastructure IPO?

You can apply Rachana Infrastructure IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Rachana Infrastructure IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Rachana Infrastructure IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Rachana Infrastructure IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rachana Infrastructure”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Rachana Infrastructure IPO Size?

Rachana Infrastructure IPO size is ₹77.97 crores.

What is Rachana Infrastructure IPO Price Band?

Rachana Infrastructure IPO Price Band is ₹138 per equity share.

What is Rachana Infrastructure IPO Minimum and Maximum Lot Size?

The IPO bid is 100 shares with ₹138,000.

What is Rachana Infrastructure IPO Allotment Date?

Rachana Infrastructure IPO allotment date is May 2022.

What is Rachana Infrastructure IPO Listing Date?

Rachana Infrastructure IPO listing date is June 2022. The IPO to list on BSE SME.

Note: The Rachana Infrastructure IPO details are announced officially. The IPO grey market premium (Rachana Infrastructure IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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