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Rajesh Power Services Limited SME IPO
Issue Size (Net)
up to Rs.160.47 Cr
Price Band
Rs.320 to Rs.335 per share
Issue Opens
November 25, 2024
Issue Closes
November 27, 2024

Company Highlights

1.Company Information

Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries. Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM). The company offers services to both the Renewable and Non-Renewable segments of the power sector. The company provides the following services, EHV Underground Cables and Transmission Lines, EHV AIS/GIS Substations including Civil Works, HV/MV/LV Underground Cable Laying and Overhead MVCC Conductor Installation, Revamping the entire Distribution Network including Substations, RMUs, Transformers & Cables on Turnkey Basis Power Supply Arrangement Projects for Solar Power Plants, Operation and Maintenance of EHV, HV, MV & LV Substations, Operation and Maintenance of EHV, HV, MV & LV Transmission and Distribution Network, The company clients include GIFT City, Gandhinagar; Gujarat Metro Rail Corporation Ltd., Gandhinagar; , IFFCO, Adani Renewables, Prestige, Reliance Industries Limited, Torrent Power Ltd., Dholera; Jay Chemicals Ltd., Saykha; Sabar Dairy, Himmatnagar; Grindwell Norton Limited (Saint Gobain), Hindustan Coca Cola and so on and so forth., Rajesh Power Services Ltd. (RPSL) specializes in EPC contracting and providing services to power transmission and distribution utilities.
Cometitive Strength
Constant Financial Growth maintaining healthy profit margins.
Successfully completed numerous power sector projects as an EPC contractor for over 20 years.
Looking for ways to expand our business in renewable energy, focusing on solar energy and hydrogen electrolyzers.
As of April 1, 2024, the Company employs 940 people in various departments.

2. Objects of the Issue

The Objects of the Net Issue is to raise funds for:
1. Capital Expenditure:
2. Purchase of cable identification, testing and fault location equipments
3. Setting up of DC Solar Power Plant having a capacity of 1300 KW;
4. Inhouse development of Technical Expertise in the Production of Green Hydrogen and associated equipment such as Electrolysers
5. Additional Working Capital Requirement
6. General Corporate Purposes.

3.Rajesh Power Services Limited SME IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Rajesh Power Services Limited Limited SMEIPO Financial Information(Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
30-Sep-24
33,822.42
31,785.09
2,768.25
11,122.22
9,600.48
7,973.04
31-Mar-24
24,039.00
29,506.07
2,602.29
8,430.05
6,908.31
7,767.08
31-Mar-23
19,823.38
21,117.57
675.15
5,865.80
4,344.06
5,971.20
Amount in Rs. Lakhs

Rajesh Power Services Limited SME IPO Details

Issue Opening Date
November 25, 2024
Issue Closing Date
November 27, 2024
Face Value
Rs.10 per share
Price
Rs.320 to Rs.335 per share
Lot Size
400 Shares
Issue Size
4,790,000 shares(aggregating up to Rs.160.47 Cr)
Fresh Issue
2,790,000 shares(aggregating up to Rs.93.47 Cr)
Offer for Sale
2,000,000 shares of Rs.10(aggregating up to Rs.67.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
15,217,392
Share holding post issue
18,007,392

Rajesh Power Services Limited SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Monday, November 25, 2024
Closing Date
Wednesday, November 27, 2024
Basis of Allotment
Thursday, November 28, 2024
Initiation of Refunds
Friday, November 29, 2024
Credit of Shares to Demat
Friday, November 29, 2024
Listing Date
Monday, December 2, 2024
Cut-off time for UPI mandate confirmation
5 PM on November 27, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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