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RUDRAGASSME / BSEListed
Rudra Gas Enterprise

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 Price₹119.70
Listing Gain+90.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open08 Feb 2024
Close12 Feb 2024
Allotment13 Feb 2024
Listing15 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail10,66,000 shares
47.42%
Nii(hni)10,66,000 shares
47.42%
Market Maker1,16,000 shares
5.16%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,26,000
HNI2 Lots (4,000 shares)
₹2,52,000

Company Promoters

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

Company Background

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...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Oct-23)₹3446.81 Cr
Growth+22.4%
Revenue Trend (₹ in Crores)
0.01.9k3.8k5.7kMar-21Mar-22 Mar-23 Oct-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Oct-233,446.81247.414,345.39 1,990.15
Mar-23 4,957.02352.023,380.561,738.34
Mar-22 4,395.95179.412,804.921,379.98
Mar-212,816.96127.051,960.501,008.22

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20236.7156.55%25.26%4.140
20223.4250.29%21.60%00
20212.4262.42%20.48%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
13 Feb 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
15 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Rudra Gas Enterprise. 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 Finalization13 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 Feb 2024Trading commences on exchange

How to Check Rudra Gas Enterprise Allotment Online

1Open Portal

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

2Select Company

Select Rudra Gas Enterprise from the issue drop-down list.

3Enter Details

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

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Rudra Gas Enterprise IPO

Complete issue overview for Rudra Gas Enterprise (RUDRAGAS) IPO. The issue features an equity share price band of ₹63 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,26,000). 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