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RUDRAGASSME / BSEListed

Rudra Gas Enterprise Limited

Rudra Gas Enterprise Limited, founded in 2015, operates in gas distribution network projects, fiber cable networks, and construction equipment and vehicle rental. The company specializes in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks, as well as the installation and maintenance of fiber optic cables. Rudra Gas Enterprise has three main business verticals: Gas Pipeline Projects – This includes laying pipelines for city gas distribution, building CNG stations, installing, testing, and commissioning underground pipelines, and maintaining gas infrastructure such as pipelines, valves, and stations. The company also offers operation and maintenance services for city gas distribution (CGD) companies. Fiber Optic Cable Projects – The company develops and installs fiber optic cables for data transmission using light signals. Construction Machinery & Vehicle Rental – It rents construction equipment and vehicles to subcontractors for project-specific needs. The company serves public and private sector clients in the city gas distribution and telecommunications industries. As of October 31, 2023, Rudra Gas Enterprise had 512 permanent employees, ensuring smooth execution of its projects.

₹63 - ₹63350.8x sub
Listed Price119.70
Listing Gain+90.00%
TimelineFixed Price Issue IPO
Open08 Feb 2024
Close12 Feb 2024
Allotment13 Feb 2024
Listing15 Feb 2024

Quota Reservation Portions

RetailPortion: 10,66,000 shares
47.42%
Nii(hni)Portion: 10,66,000 shares
47.42%
Market MakerPortion: 1,16,000 shares
5.16%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,26,000
HNI2 lots / 4,000 shares
₹2,52,000

About the Company

Rudra Gas Enterprise Limited, founded in 2015, operates in gas distribution network projects, fiber cable networks, and construction equipment and vehicle rental. The company specializes in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks, as well as the installation and maintenance of fiber optic cables. Rudra Gas Enterprise has three main business verticals: Gas Pipeline Projects – This includes laying pipelines for city gas distribution, building CNG stations, installing, testing, and commissioning underground pipelines, and maintaining gas infrastructure such as pipelines, valves, and stations. The company also offers operation and maintenance services for city gas distribution (CGD) companies. Fiber Optic Cable Projects – The company develops and installs fiber optic cables for data transmission using light signals. Construction Machinery & Vehicle Rental – It rents construction equipment and vehicles to subcontractors for project-specific needs. The company serves public and private sector clients in the city gas distribution and telecommunications industries. As of October 31, 2023, Rudra Gas Enterprise had 512 permanent employees, ensuring smooth execution of its projects.

Company Promoters

Mrs. Manjulaben Sureshbhai PatelMr. Kush Sureshbhai PatelMr. Kashyap Sureshbhai Patel