IPO Trending
RULKASME / NSEListed
Rulka Electricals

Rulka Electricals Limited has been delivering top-notch electrical and fire-fighting solutions since May 2013. The company offers a wide range of services, including electrical panels, solar EPC projects, warehouse electrical setups, commercial and industrial services, maintenance, contracting, and data & voice cabling installations. They cater to industrial, commercial, retail, and theatrical sectors, managing everything from design and supply to installation, testing, and commissioning — all under one roof. With an ISO 9001:2015 certification, Rulka Electricals ensures high-quality standards at every step. As of February 29, 2024, they have a skilled team of 92 employees. The majority of their revenue comes from Turnkey Projects, offering a complete package of materials, labor, engineering, design, and consulting services — making them a one-stop solution for all electrical and safety needs.

₹223 - ₹235676.9x sub
Listed Price₹525.00
Listing Gain+123.40%

IPO Schedule & Timeline

Book Built Issue IPO
Open16 May 2024
Close21 May 2024
Allotment22 May 2024
Listing24 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail3,73,800 shares
33.28%
Nii (hni)1,60,200 shares
14.26%
QIB2,13,600 shares
19.02%
Anchor3,19,200 shares
28.42%
Market Maker56,400 shares
5.02%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,41,000
HNI2 Lots (1,200 shares)
₹2,82,000

Company Promoters

Mr. Rupesh Laxman KasavkarMr Nitin Indrakumar Aher

Company Background

Rulka Electricals Limited has been delivering top-notch electrical and fire-fighting solutions since May 2013. The company offers a wide range of services, including electrical panels, solar EPC projects, warehouse electrical setups, commercial and industrial services, maintenance, contracting, and data & voice cabling installations. They cater to industrial...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Feb-24)₹6527.77 Cr
Growth+233.0%
Revenue Trend (₹ in Crores)
0.02.5k5.0k7.5kMar-21Mar-22Mar-23Feb-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Feb-246,527.77565.774,082.091,104.89
Mar-234,689.78280.522,826.95527.07
Mar-223,627.41112.081,919.04281.46
Mar-211,960.1153.72982.41230.99

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Feb-2416.6761.25%33.67%6.2228.62
Mar-238.5067.26%36.51%00
Mar-223.4050.76%37.82%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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
22 May 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 May 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Rulka Electricals. 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 Finalization22 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 May 2024Trading commences on exchange

How to Check Rulka Electricals Allotment Online

1Open Portal

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

2Select Company

Select Rulka Electricals from the issue drop-down list.

3Enter Details

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

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Rulka Electricals IPO

Complete issue overview for Rulka Electricals (RULKA) IPO. The issue features an equity share price band of ₹223 – ₹235 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,41,000). 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