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Rulka Electricals Limited IPO

Rulka Electricals Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 525.00 (+123.40%)

Rulka Electricals Limited's successfully transitioned to public market status with its listing on NSE on 24-05-2024. The IPO mobilized 11,23,200 Shares in cumulative capital, including 8,42,400 Shares for corporate expansion and ₹6.60 Cr for shareholder liquidity management.

The public offering was conducted within the price parameters of ₹223 to ₹235, with minimum investment lots of 600 shares. subscription activity between 16-05-2024 and 21-05-2024 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 22-05-2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Rulka Electricals IPO Details
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
Rulka Electricals IPO Key Performance Indicator
Company Financials ( In Lakhs )

Rulka Electricals IPO About Company

Rulka Electricals Limited has been delivering top-notch electrical and fire-fighting solutions since May 2013. The company offers a wide range of services, including electrical panels, solar EPC projects, warehouse electrical setups, commercial and industrial services, maintenance, contracting, and data & voice cabling installations. They cater to industrial, commercial, retail, and theatrical sectors, managing everything from design and supply to installation, testing, and commissioning — all under one roof. With an ISO 9001:2015 certification, Rulka Electricals ensures high-quality standards at every step. As of February 29, 2024, they have a skilled team of 92 employees. The majority of their revenue comes from Turnkey Projects, offering a complete package of materials, labor, engineering, design, and consulting services — making them a one-stop solution for all electrical and safety needs.


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


Rulka Electricals IPO Strength Factors

  1. Top-Notch Quality Assurance:The company follows strict quality checks to deliver reliable, high-quality products or services every time. This builds trust with clients and helps them stand out in the market.
  2. Strong Client Relationships:Long-standing bonds with happy clients lead to repeat business and referrals, showing the company's reliability and customer satisfaction.
  3. Scalable Business Model:The company's flexible business model allows them to grow operations smoothly as demand increases — without sacrificing quality or customer experience — paving the way for long-term success.

Rulka Electricals IPO Risk Factors

  1. Dependence on Few Clients: The company relies heavily on a small number of customers for its business. If any of these clients reduce their orders or stop working with the company, it could seriously affect revenue and business stability.
  2. Legal Cases: The company, its directors, or promoters are involved in ongoing legal cases. If the outcome is unfavorable, it could lead to financial losses, harm the company’s reputation, and disrupt business operations.
  3. Regulatory Approvals & Licenses: The company needs certain approvals and licenses to operate. Delays or failure to get or renew these licenses on time could affect business operations, financial performance, and even result in legal issues.

Rulka Electricals IPO Lead Manager(s)

  • Beeline Capital Advisors Private Limited

Rulka Electricals IPO Promoter(s)

  1. Mr. Rupesh Laxman Kasavkar
  2. Mr Nitin Indrakumar Aher

Rulka Electricals IPO Company Details

Rulka Electricals Limited
Phone:
address:

Rulka Electricals IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Rulka Electricals IPO FAQs