OUR BUSINESS
Our Company was originally incorporated as “Rudra Gas Enterprise Private Limited” as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 7, 2015, issued by the Assistant Registrar of Companies, Gujarat. Thereafter,
Our company was converted from a private limited company to a public limited company under a special resolution passed in the extra-ordinary General Meeting of the company dated August 25, 2023, and consequently, the name of our Company was changed from “Rudra Gas Enterprise Private Limited” to “Rudra Gas Enterprise Limited” and a fresh certificate of incorporation dated September 4, 2023 was issued to our Company by the Registrar of Companies, Ahmedabad.
Rudra Gas Enterprise Limited was started by our promoters Mr. Kush Sureshbhai Patel, Mr. Kashyap Sureshbhai Patel, and Mrs. Manjulaben Sureshbhai Patel. Our promoters have a combined experience of more than 24 years in the infrastructure industry. Driven by the passion for building an integrated pipeline projects company, backed by experience, our promoter has been the pillar of our Company’s growth and has built a strong value system for our Company.
RUDRA GAS ENTERPRISE LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date February 08, 2024 IPO Close Date February 12, 2024 IPO Size Approx ₹14.16 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹63 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 50% IPO NII Quota 50% IPO Discount N/A DRHP Draft Click here RHP Draft Click here Anchor Investor Click Here
RUDRA GAS ENTERPRISE LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 2000 ₹126,000 Retail Maximum 2 2000 ₹126,000 S-HNI Minimum 2 4000 ₹252,000
OBJECTS OF THE OFFER
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- General Corporate Purposes
- To meet Public Issue Expenses
RUDRA GAS ENTERPRISE LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 08, 2024 IPO Close Date Feb 12, 2024 Basis of Allotment Feb 13, 2024 Refunds Feb 14, 2024 Credit to Demat Account Feb 14, 2024 IPO Listing Date Feb 15, 2024
RUDRA GAS ENTERPRISE LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2023 ₹49.57 ₹44.83 ₹3.52 2022 ₹43.96 ₹41.46 ₹1.79 2021 ₹28.17 ₹26.35 ₹1.27
OUR PROMOTERS
Promoters of Our Company are:
- Mrs. Manjulaben Sureshbhai Patel
- Mr. Kashyap Sureshbhai Patel
- Mr. Kush Sureshbhai Patel
QUALITATIVE FACTOR
- Experienced Promoter and Management Team
- Robust infrastructure and effective project execution
- Establishing long-term client relationships and driving repeat business
- Strong Partnerships
- Expanding Operational Capabilities
- Compliance and Safety Culture
- Customer Focus
- Optimal Utilization of Resources
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 6.71 6.71 3 March 31, 2022 3.42 3.42 2 March 31, 2021 2.42 2.42 1 Weighted Average 4.89 4.89
RUDRA GAS ENTERPRISE LIMITED COMPANY CONTACT DETAILS
B-702, The Capital Building, Science City Road, Opp. Hetarth Party Plot,
Sola, Ahmedabad-380060, Gujarat, India
Telephone No.: +91 98751 39472; Web site: www.rudragasenterprise.com
E-Mail: cs@rudragasenterprise.com
Contact Person: Mr. Gauravkumar Pushkarrai Jani
Website:www.rudragasenterprise.com
RUDRA GAS ENTERPRISE LIMITED IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
