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Rachana Infrastructure Limited

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 Price138.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open20 May 2022
Close25 May 2022
Allotment07 Jun 2022
Listing10 Jun 2022

Quota Reservation Portions

Market MakerPortion: 2,84,000 shares
5.03%
Nii (hni)Portion: 26,83,000 shares
47.49%
RetailPortion: 26,83,000 shares
47.49%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,38,000
HNI2 lots / 2,000 shares
₹2,76,000

About the Company

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.

Company Promoters

Mr. Girishkumar RavalMrs. Bhaminiben Mehta