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RILINFRASME / NSEListed
Rachana Infrastructure

Rachana Infrastructure Limited is a mid-size private sector company providing infrastructure and civil construction services, engaged in the construction of roads and highways, irrigation, hydropower projects, mining, and pipeline construction, with expansion underway in states such as Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan. The company has executed key road projects including MPRDC–ADB Loan IV, OPAL Petrochemical Refinery road work at Dahej SEZ, cement concrete road construction for MP PWD, and the Vadodara–Mumbai six-lane highway. Rachana Infrastructure also operates an in-house integrated mining system with its own machinery, covering the entire process from extraction of raw materials to crushing and production of finished black trap stone aggregates.

₹138 - ₹1381.21x sub
Listed Price₹138.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open20 May 2022
Close25 May 2022
Allotment07 Jun 2022
Listing10 Jun 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,84,000 shares
5.03%
Nii (hni)26,83,000 shares
47.49%
Retail26,83,000 shares
47.49%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,38,000
HNI2 Lots (2,000 shares)
₹2,76,000

Company Promoters

Mr. Girishkumar RavalMrs. Bhaminiben Mehta

Company Background

Rachana Infrastructure Limited is a mid-size private sector company providing infrastructure and civil construction services, engaged in the construction of roads and highways, irrigation, hydropower projects, mining, and pipeline construction, with expansion underway in states such as Maharashtra, Madhya Pradesh, Jharkhand, and Rajasthan. The company has ex...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-21)₹4171.07 Cr
Growth-63.4%
Revenue Trend (₹ in Crores)
0.06.1k12.1k18.2kMar-19Mar-20Mar-21Dec-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-214,171.07139.858,784.500
Mar-2110,705.67455.318,043.070
Mar-2015,840.55597.1310,618.210
Mar-1911,393.32466.457,981.820

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
07 Jun 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
10 Jun 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Rachana Infrastructure. Check with PAN or Application No.

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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 Finalization07 Jun 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Jun 2022Trading commences on exchange

How to Check Rachana Infrastructure Allotment Online

1Open Portal

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Rachana Infrastructure IPO

Complete issue overview for Rachana Infrastructure (RILINFRA) IPO. The issue features an equity share price band of ₹138 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,38,000). 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