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Rappid Valves (India) Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. Rappid Valves (India) Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

Rappid Valves (India) Ltd.
IPO Date: Sep 23 to Sep 25 2024
Listing Date: Sep 30 2024
Objective
1. Funding the Capital expenditure for purchase of new Plant and Machineries and Software by our Company;
2. Expenditure for renovation of registered office and existing manufacturing unit;
3. Repayment/prepayment of all or certain of our borrowings availed of by our Company;
4. Pursuing inorganic growth initiatives through acquisitions; and
5. General corporate purposes.
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 20.59 - 21.76 Cr
Price Band ₹ 210.00 - ₹ 222.00 Per Share
Market LOT 600 shares
Issue Type Book building
Business Description
Rappid Valves (India) Limited recognized by its brand name “Rapid” or by “Rappid Valves also known as a “Company” being an Engineering Comp

...

any is primarily engaged in the manufacturing of Valve solutions. 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 was established in the year 2002 vide Certificate of Incorporation dated May 24, 2002 as a Private Limited Company under the name Rapid Valves (India) Private Limited with Mr. Gaurav Vijay Dalal and Ms. Usha Vijay Dalal as the initial subscribers of our Company. Our Company changed its name to Rappid Valves (India) Private Limited pursuant to issuance of Fresh Certificate of Incorporation dated February 10, 2009. Read More
Address
Address Genesis Industrial Complex Plot No. 30, Village Kolgaon Palghar (East)
City Thane
State Maharashtra
Pincode 401404
Phone 9321463550
Email investors@rapidvalves.net
Website www.rappidvalves.in
About IPO
Listed At NSE
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Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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Disclaimer

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