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RAPPIDSME / NSEListed

Rappid Valves (India) Limited

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.

₹210 - ₹222176.14x sub
Listed Price312.00
Listing Gain+40.54%
TimelineBookbuilding IPO
Open23 Sep 2024
Close25 Sep 2024
Allotment26 Sep 2024
Listing30 Sep 2024

Quota Reservation Portions

RetailPortion: 4,55,400 shares
33.28%
Nii (hni)Portion: 1,95,600 shares
14.29%
AnchorPortion: 3,89,400 shares
28.4%
QIBPortion: 2,59,800 shares
18.99%
Market MakerPortion: 69,600 shares
5.04%

Minimum Application Bracket Matrix

Retail1 lots / 600 shares
₹1,33,200
HNI2 lots / 1,200 shares
₹2,66,400

About the Company

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.

Company Promoters

Mr. Gaurav Vijay Dalal