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RAJESHSME / BSEListed
Rajesh Power Services

Rajesh Power Services Limited, established in 1971, provides consultancy, EPC contracting, and specialized services to power transmission and distribution utilities across renewable and non-renewable energy sectors in India, serving major clients like GIFT City, Gujarat Metro, Adani Renewables, and Reliance. The company has also invested in HKRP Innovations, which builds IoT and cloud-based IT solutions for the energy sector such as Smart Feeder Management System, Virtual Feeder Segregation, Real-Time Oil Well Monitoring, and Solar Data Management. With 940 employees as of April 1, 2024, RPSL blends long industry experience with modern technology to offer comprehensive and innovative energy solutions nationwide.

DRHPANCHOR
₹319 - ₹33559.08x sub
Listed Price₹636.50
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open25 Nov 2024
Close27 Nov 2024
Allotment28 Nov 2024
Listing02 Dec 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,04,800 shares
33.5%
Nii (hni)6,91,200 shares
14.43%
Anchor13,36,400 shares
27.9%
QIB9,13,600 shares
19.07%
Market Maker2,44,000 shares
5.09%

Minimum Application Lots

Retail1 Lot (400 shares)
₹1,34,000
HNI2 Lots (800 shares)
₹2,68,000

Company Promoters

Mr. Rajendra Baldevbhai PatelMr. Kurang Ramchandra PanchalMr. Kaxil Prafulbhai PatelMr. Utsav Nehal Panchal

Company Background

Rajesh Power Services Limited, established in 1971, provides consultancy, EPC contracting, and specialized services to power transmission and distribution utilities across renewable and non-renewable energy sectors in India, serving major clients like GIFT City, Gujarat Metro, Adani Renewables, and Reliance. The company has also invested in HKRP Innovations,...

Lead Managers & Bankers

Isk Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹31785 Cr
Growth+112.8%
Revenue Trend (₹ in Crores)
0.012.2k24.4k36.6kMar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2431,7852,76833,8227,973
Mar-2429,5062,60224,0397,767
Mar-2321,11867519,8235,971
Mar-2214,93734517,5636,243

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-2418.7624.89%25.61%19.5910.9
Mar-2417.136.41%29.99%00
Mar-234.4412.17%15.15%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
28 Nov 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
02 Dec 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Rajesh Power Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Nov 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Dec 2024Trading commences on exchange

How to Check Rajesh Power Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Rajesh Power Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Rajesh Power Services IPO

Complete issue overview for Rajesh Power Services (RAJESH) IPO. The issue features an equity share price band of ₹319 – ₹335 per share with a minimum retail lot size of 400 Shares (minimum application amount of ₹1,34,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions