Rachana Infrastructure Limited IPO (Rachana Infrastructure IPO)

Rachana Infrastructure IPO
Upcoming Rachana Infrastructure IPO | New Rachana Infrastructure IPO

Rachana Infrastructure is a midsize private sector player in the business of construction of road projects on Bill of Quantities (BOQ) and EPC basis. In the very initial periods, the company got the contracts from the Government (Zilla Panchayat) at a very small scale. In addition, it got sub contracts from the infrastructure companies from Gujarat, Maharashtra and many other states. With time and experience, it started expanding business in the other states of the India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.

Some of its clients are Public Works Department of 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 of Jharkhand, ONGC PetroAdditions Limited, Ahmedabad Municipal Corporation, and Ahmedabad Urban Development Corporation etc.

Over the years, it has acquired resources with vertical integration like it has own stone mines and stone crushers for basic excavation of stone aggregate which is the core and basic material for all road infrastructure construction. The business verticals of the company are

  • Roads and Highways
  • Bridges
  • Mining
  • Irrigation
  • Pipelines
  • Buildings
  • Hydro Power project
Rachana Infrastructure IPO

Competitive Strength

  • Leading Road-focused BOQ and EPC Contractor.
  • Management and an integrated in-house project team with strong execution capabilities and extensive industry experience.
  • Visible growth through a robust order book.

Company Promoters

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

Company Financials

ParticularsFor the year/period ended (₹ in Lakhs)
Total Assets8,784.508,043.0710,618.217,981.82
Total Revenue4,171.0710,705.6715,840.5511,393.32
Profit After Tax139.85455.31597.13466.45

Objects Of The Issue

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Repayment of Secured Loans.

2. Working capital requirement.

3. General Corporate Purpose.

4. Meeting Public Issue Expenses.

Rachana Infrastructure IPO
Object Of The Issue

Rachana Infrastructure IPO Details

Rachana Infrastructure IPO Open Date20 May 2022
Rachana Infrastructure IPO Close Date02 June 2022
Rachana Infrastructure IPO Face Value₹10 per share
Rachana Infrastructure IPO Price₹135 per share
Rachana Infrastructure IPO Lot Size1000 Shares
Issue Size5,650,000 shares of ₹10
(aggregating up to ₹77.97 Cr)
Fresh Issue2,825,000 shares of ₹10
(aggregating up to ₹38.99 Cr)
Offer for Sale2,825,000 shares of ₹10
(aggregating up to ₹38.99 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Rachana Infrastructure IPO Lot Size


Rachana Infrastructure IPO Promoter Holding

Pre Issue Share Holding83.44%
Post Issue Share Holding

Rachana Infrastructure IPO Prospectus

Company Contact Information

Rachana Infrastructure Limited

404, 405, 4th Floor,
Angel Complex, Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel, Navrangpura, Ahmedabad – 380009

Phone: 079 – 26560327
Email: info@rachanainfra.com

Rachana Infrastructure IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Rachana Infrastructure IPO FAQs

When Rachana Infrastructure IPO will open?

The Rachana Infrastructure IPO dates are 20 May 2022 To 02 June 2022
What is the lot size of Rachana Infrastructure IPO ?

Rachana Infrastructure IPO lot size and the minimum order quantity is 1000 Shares.
How to apply for Rachana Infrastructure IPO ?

You can apply in Rachana Infrastructure IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Rachana Infrastructure IPO listing date?

The Rachana Infrastructure IPO listing date is announced. The date of Rachana Infrastructure IPO listing is [].
Previous articleeMudhra IPO Details ( eMudhra IPO )
Next articleAether Industries Limited IPO ( Aether Industries IPO)