Skip to main content
Rachana Infrastructure Limited Logo

Rachana Infrastructure Limited

May 20, 2022 – May 25, 2022
Listed Price:
₹138.00
(+0.00%)
Price Band₹138 - ₹138
Lot Size1,000 Shares
Allotment DateJun 07, 2022
Listing DateJun 10, 2022
Subscription1.21 Times
Issue Size₹76.28 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Rachana Infrastructure Limited's achieved publicly listed status following its IPO debut on Jun 10, 2022 at the NSE platform. The offering successfully mobilized 56,50,000 Shares, with 25,41,000 Shares allocated to corporate growth initiatives and ₹38.14 Cr providing liquidity to existing shareholders.

Investment participation occurred within the established price band of ₹138 to ₹138, starting from minimum lots of 1000 shares. The subscription window from May 20, 2022 through May 25, 2022 enabled investor participation across market segments.

Share allocation was completed on Jun 07, 2022, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Rachana Infrastructure IPO Details
IPO Date
:
May 20, 2022 to May 25, 2022
Allotment Date
:
Jun 07, 2022
List Date
:
Jun 10, 2022
Lot Size
:
1,000 share
Issue Price
:
₹138 - ₹138
Issue Size
:
56,50,000 (aggregating up to 76.28 Cr)
Fresh Issue
:
25,41,000 (aggregating up to 34.30 Cr)
Offer For Sale
:
28,25,000 (aggregating up to 38.14 Cr)
Listing At
:
NSE
Share Holding Pre-Issue
:
1,57,80,000
Share Holding Post-Issue
:
1,86,05,000
Market Marker Portion
:
2,84,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares56,50,000
Market Maker
5.03%(2,84,000)
NII (HNI)
47.49%(26,83,000)
RETAIL
47.49%(26,83,000)
Total
100.00%(56,50,000)
Rachana Infrastructure IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Rachana Infrastructure IPO About Company

Rachana Infrastructure Limited is a mid-size private sector company providing infrastructure and civil construction services, engaged in the construction of roads and highways, irrigation, hydropower projects, mining, and pipeline construction, with expansion underway in states such as Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan. The company has executed key road projects including MPRDC–ADB Loan IV, OPAL Petrochemical Refinery road work at Dahej SEZ, cement concrete road construction for MP PWD, and the Vadodara–Mumbai six-lane highway. Rachana Infrastructure also operates an in-house integrated mining system with its own machinery, covering the entire process from extraction of raw materials to crushing and production of finished black trap stone aggregates.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Rachana Infrastructure IPO Strength Factors

NA

⚠️Rachana Infrastructure IPO Risk Factors

NA

🏦Rachana Infrastructure IPO Lead Manager(s)
Interactive Financial Services Limited
👤Rachana Infrastructure IPO Promoter(s)
  1. Mr. Girishkumar Raval
  2. Mrs. Bhaminiben Mehta
🏢Rachana Infrastructure IPO Company Details

Rachana Infrastructure Limited

Phone:079 - 26560327
address:404, 405, 4th Floor, Angel Complex, Nr. Income Tax Railway Crossing, Nr. Oassis Hotel, Navrangpura, Ahmedabad - 380009
📋Rachana Infrastructure IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓Rachana Infrastructure IPO FAQs
IPO Trend Assistant
Online
Powered by IPO Trend