IPO Trending
RAPPIDSME / NSEListed
Rappid Valves (India)

Incorporated in 2002, Rappid Valves (India) Limited manufactures a wide range of valve solutions such as ball, gate, globe, butterfly, check, double block, filter, and marine valves made from both ferrous and non-ferrous materials in sizes from 15mm to 600mm, catering to multiple industries. The company operates an advanced manufacturing unit equipped with CNC machines, VMCs, test benches, EOT cranes, and other modern machinery, and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring strong quality and safety practices. Backed by experienced leadership, continuous manufacturing upgrades, and expertise in marine sector solutions, Rappid Valves is expanding its market reach through sales offices in Dahej, Ahmedabad, Pune, and Noida, and as of June 30, 2024, employs 47 people at its manufacturing plant and registered office.

DRHPANCHOR
₹210 - ₹222176.14x sub
Listed Price₹312.00
Listing Gain+40.54%

IPO Schedule & Timeline

Bookbuilding IPO
Open23 Sep 2024
Close25 Sep 2024
Allotment26 Sep 2024
Listing30 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail4,55,400 shares
33.28%
Nii (hni)1,95,600 shares
14.29%
Anchor3,89,400 shares
28.4%
QIB2,59,800 shares
18.99%
Market Maker69,600 shares
5.04%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,33,200
HNI2 Lots (1,200 shares)
₹2,66,400

Company Promoters

Mr. Gaurav Vijay Dalal

Company Background

Incorporated in 2002, Rappid Valves (India) Limited manufactures a wide range of valve solutions such as ball, gate, globe, butterfly, check, double block, filter, and marine valves made from both ferrous and non-ferrous materials in sizes from 15mm to 600mm, catering to multiple industries. The company operates an advanced manufacturing unit equipped with C...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹3660.06 Cr
Growth+201.2%
Revenue Trend (₹ in Crores)
0.01.4k2.8k4.2kMar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 3,660.06413.27 2,994.411,098.3
Mar 2023 1,643.4245.56 1,656.751,098.3
Mar 20221,215.2428.981,217.6977.57

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 11.74 53.88%0%20.5327.89
Mar-23 1.331.69%0%00
Mar-225.27-82.09%0%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: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Sep 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Rappid Valves (India). 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 Finalization26 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Sep 2024Trading commences on exchange

How to Check Rappid Valves (India) Allotment Online

1Open Portal

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

2Select Company

Select Rappid Valves (India) from the issue drop-down list.

3Enter Details

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

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Rappid Valves (India) IPO

Complete issue overview for Rappid Valves (India) (RAPPID) IPO. The issue features an equity share price band of ₹210 – ₹222 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,33,200). 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