Ashok Rathi

Rulka Electricals Limited IPO Details Date 2024

Rulka Electricals Limited IPO Details. Rulka Electricals Limited was incorporated in 2004. Rulka Electricals Limited IPO subscription opens from  May 16, 2024 and closes on May 21, 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.223 to Rs 235 per share. For High Net Worth Individuals (HNI), the allocation consists of 2 lots, equivalent to 1,200 shares, totaling ₹282,000. This is a Book Built Issue IPO.

  1. Rulka Electricals IPO Offer For Sale is 280,800 shares .
  2. Rulka Electricals Total Issue Size is 1,123,200 shares and company wants to aggregate up to ₹ 26.40 Cr.
  3. Company Share Holding, Pre Issue is 3,416,000 shares.
  4. Company Share Holding, Post Issue will be 4,258,400 shares.
  5. This IPO is Listing at NSE SME, on 24 May 2024.

Beeline Capital Advisors Pvt Ltd serves as the book running lead manager for the Rulka Electricals IPO, with Bigshare Services Pvt Ltd appointed as the registrar for the issue. Sunflower Broking acts as the market maker for the Rulka Electricals IPO.

Rulka Electricals Limited IPO  Timeline :

  1. Rulka Electricals Limited IPO issue opens on 16 May and closes on 21 May 2024.
  2. Cut Off Time of UPI Payment is, Friday by 5pm on 21 May 2024.
  3. IPO Issue Basis of Allotment is Wednesday 22 May 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from Thursday 23 May 2024.
  5. Who got the allotment Shares will be Credited in their Demat Account by Thursday 23 May 2024.
  6. Finally IPO lists on Friday 24 May 2024.

This is the IPO timeline of Rulka Electricals Limited IPO.

Rulka Electricals Limited IPO Details Date 2024
Rulka Electricals Limited IPO Details Date 2024

Rulka Electricals Limited IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 50% of the Net Issue.

Retail Investors Offered Not less than 35% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Rulka Electricals Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 600 shares and investing amount ₹ 141,000.
  2. Retail Investor Maximum apply for 1 lot, 600 shares, amount ₹ 141,000.

An Intro About Rulka Electricals Limited.

Established in May 2013,  Rulka Electricals Limited specializes in electrical and fire-fighting solutions. Their service portfolio spans electrical solutions, panels, solar EPC contracts, turn-key warehousing projects, commercial and industrial services, maintenance, contracting, and data and voice cabling installation, serving industrial, commercial, retail, and theatre sectors.

The company’s operations cover project design, supply, installation, testing, and commissioning.

Rulka Electricals Limited derives 100% of its revenue from Turnkey Projects, encompassing material, labor, engineering, design, and consulting services.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

How to apply for Rulka Electricals Limited IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Rulka Electricals Limited Service Bid button
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application








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