Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The company offers various services, including electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. These services cater to various sectors such as industrial, commercial, retail, and theatre.
The company’s integrated operations encompass designing, supplying, installing, testing, and commissioning the project.
The company generates 100% of its revenue through Turnkey Projects, which include both material and labor along with engineering, design, and consulting services.
The company’s services can be divided into the following categories:
- Electrical Services
- Fire Fighting Systems
- Security Systems
- Public Address Systems
- Access Control Systems
- Audio-Video Systems Services
- CCTV Systems Service
- IT & Networking Services
- Solar Systems
The company is ISO 9001:2015 certified for its quality management systems. As of February 29th, 2024, the company has 92 employees on its payroll.
Rulka Electricals IPO – Details
| IPO Opening Date | 16 May 2024 |
| IPO Closing Date | 21 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 11,23,200 Shares Worth ₹26.40 Crore Fresh Issue: 8,42,400 Shares Worth ₹19.80 Crore Offer For Sale: 280,800 Shares Worth ₹6.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹223 – ₹235 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Rulka Electricals IPO – Date Schedule
| IPO Open Date | 16 May 2024 |
| IPO Close Date | 21 May 2024 |
| Basis of Allotment | 22 May 2024 |
| Initiation of Refund | 23 May 2024 |
| Credit of Shares to Demat Account | 23 May 2024 |
| IPO Listing Date | 24 May 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 21, 2024 |
Rulka Electricals IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 600 | ₹1,41,000 |
| Retail (Maximum) | 1 | 600 | ₹1,41,000 |
| HNI (Minimum) | 2 | 1200 | ₹2,82,000 |
Competitive Strengths
- Quality Assurance and Standards.
- Existing client relationship.
- Diversified Client Base.
- Scalable Business Model.
- Experienced Management Team.
Company Promoters
- Mr. Rupesh Laxman Kasavkar
- Mr Nitin Indrakumar Aher
Object Of The Issue
- To Meet Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 19.60 | 18.87 | 0.53 | 2.30 |
| 31 March 2022 | 36.27 | 34.36 | 1.12 | 2.81 |
| 31 March 2023 | 46.89 | 43.27 | 2.80 | 5.27 |
| 29 February 2024 | 65.27 | 57.70 | 5.65 | 11.04 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 61.25% |
| ROCE | 33.67% |
| Debt/Equity | 2.16 |
| RoNW | 43.85% |
| P/BV | 6.22 |
| PAT Margin (%) | 8.68 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.21 | 14.49 |
| P/E (x) | 28.62 | 16.21 |
Rulka Electricals IPO Promoter Holding
| Pre Issue Share Holding | 86.28% |
| Post Issue Share Holding | 69.22% |
Rulka Electricals IPO Prospectus
Company Contact Information
| Rulka Electricals Limited A – 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West Mumbai City, Mumbai- 400078, Phone: +022 41276806 Email: info@replservices.com Website: https://www.replservices.com/ |
Rulka Electricals IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Rulka Electricals IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Rulka Electricals IPO FAQs
| What is Rulka Electricals IPO? Rulka Electricals IPO is a SME IPO. The issue is priced at ₹223 – ₹235 per equity share. The IPO is to be listed on NSE SME. |
| When Rulka Electricals IPO will open? The IPO is to open on 16 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Rulka Electricals IPO? You can apply for Rulka Electricals 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 Rulka Electricals IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rulka Electricals”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Rulka Electricals IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rulka Electricals”. Click on the 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 Edelweiss. |
| What is Rulka Electricals IPO Size? Rulka Electricals IPO size is ₹26.40 crores. |
| What is Rulka Electricals IPO Price Band? Rulka Electricals IPO Price Band is ₹223 – ₹235. |
| What is Rulka Electricals IPO Minimum and Maximum Lot Size? The minimum bid is 600 Shares with ₹1,41,000 amount while the maximum bid is 600 shares with ₹1,41,000. |
| What is the Rulka Electricals IPO Allotment Date? Rulka Electricals IPO allotment date is 22 May 2024. |
| What is the Rulka Electricals IPO Listing Date? Rulka Electricals IPO listing date is 24 May 2024. The IPO is to list on NSE SME. |
