Rappid Valves GMP : Rappid Valves IPO GMP is Open on 23 Sep 2024 and Close on 25 Sep 2024. Rappid Valves IPO to Raise 1,369,800 shares (Approx ₹30.41 Cr) via IPO. The Fresh issue of 1,369,800 shares (Approx ₹30.41 Cr).
Rappid Valves was Incorporation dated May 24, 2002, Our extensive product portfolio encompasses a vast range of valves which includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves. Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse
requirement. Our Company recognized its Registered office and manufacturing unit at the same location.
The manufacturing unit is equipped with comprehensive range of standard machineries, including conventional machines, automated CNC machines, automated VMC, automated test benches and EOT cranes, Center Lathe, Milling, Radial Drilling, Bench Grinder, Haksaw, Hardness tester, Lapping, Arc weld, Air Compressor, Buffing, CNC Super jobber, VMC, Crane, Pallet Truck Lifter, PMI Machine, Testing Machine, etc to support a seamless manufacturing process.
The facility ensures adherence to international standards to facilitate smooth assembly process and easy logistics suitable for carrying out our manufacturing operations smoothly and
efficiently. By following necessary safety standards and conducting safety meetings, we try to keep our workplace safe.
Our technical solutions build precision control systems to ensure longevity in various conditions. Our international standards manufacture valves for critical applications in industries such as Ethanol &Breweries, Shipbuilding, Marine, EPC, OEM, Etc.
Company has been established itself as a trailblazer in India’s manufacturing landscape, leveraging governmental initiatives and domestic market access. This distinction not only highlights Rappid Valves’ commitment to quality but also provides a competitive advantage over its counterparts. Rappid Valves focuses on technology by manufacturing customised Industrial Valves.
Manufacturing, engineering or the manufacturing process, are the steps through which our raw materials are transformed into a final product.
VALVE
A valve is a device or natural object that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways. Valves are technically fittings, but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure. Valve is simply a freely hinged flap which swings down to obstruct fluid (gas or liquid) flow in one direction, but is pushed up by the flow itself when the flow is moving in the opposite direction.
- Ball Valve
- Gate Valve
- Globe Valve
- Check Valve
- Butterfly Valve
Rappid Valves IPO Date & Price Band Details
| IPO Open Date | 23 Sep 2024 |
|---|---|
| IPO Close Date | 25 Sep 2024 |
| IPO Size | 1,369,800 shares (Approx ₹30.41 Cr) |
| Fresh Issue | 1,369,800 shares (Approx ₹30.41 Cr) |
| Lot Size | 600 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹210 to ₹222 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Rappid Valves IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹1,33,200 |
| Retail Maximum | 1 | 600 | ₹1,33,200 |
| S-HNI Minimum | 2 | 1200 | ₹2,66,400 |
Object of the Issue
- Funding the Capital expenditure for purchase of new Plant and Machineries and Software by our Company.
- Expenditure for renovation of registered office and existing manufacturing unit.
- Repayment/prepayment of all or certain of our borrowings availed of by our Company.
- Pursuing inorganic growth initiatives through acquisitions.
- General corporate purposes.
Rappid Valves IPO Allotment & Listings (Details)
| IPO Open Date | 23 Sep 2024 |
|---|---|
| IPO Close Date | 25 Sep 2024 |
| Basis of Allotment | 26 Sep 2024 |
| Refunds | 27 Sep 2024 |
| Credit to Demat Account | 27 Sep 2024 |
| IPO Listing Date | 30 Sep 2024 |
Rappid Valves Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹36.60 | ₹31.07 | ₹4.13 |
| 2023 | ₹16.43 | ₹15.81 | ₹0.46 |
| 2022 | ₹12.15 | ₹11.86 | ₹0.29 |
Our Company Promoters
- Mr. Gaurav Vijay Dalal
Qualitative Factors
- Wide range of our products.
- Well established relationship with clients.
- Leveraging the experience of our Promoter.
- Strong Marketing Practices.
- Good Standing in Marine Industry.
Comparison of Accounting Ratios with Peer Group Companies
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per |
|---|---|---|---|---|---|
| Rappid Valves (India) Ltd | 10.00 | 1.30 | [.] | 14.59% | 8.92 |
| Peer Group | |||||
| Atam Valves Ltd | 10.00 | 7.67 | 25.01 | 30.68% | 25.01 |
| Chemtech Industrial Valves Ltd | 10.00 | 2.43 | 81.07 | 23.19% | 10.47 |
| Hawa Engineers Ltd | 10.00 | 1.98 | 83.31 | 4.25% | 46.58 |
Also Read: Phoenix Overseas IPO
Rappid Valves Company Contact Details
Genesis Industrial Complex, Plot No. 30, Village Kolgaon,
Palghar (East), Thane, Maharashtra – 401404, India.
Tel No.: +91 9321463550
Email: investors@rapidvalves.net
Website: www.rappidvalves.in
Rappid Valves Lead Manager
Shreni Shares Limited
No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West,
Mumbai – 400067, Maharashtra, India.
Tel No: 022 – 2089 7022
Email: shrenishares@gmail.com
Website: www.shreni.in
Investor Grievance E-mail: info@shreni.in
Rappid Valves IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai, Maharashtra – 400083, India
Tel No: +91 8108114949
Email: rappid.smeipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance E-mail: rappidvalves.smeipo@Linkintime.co.in
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