Rachana Infrastructure IPO will be Open on 20 May 2022 and closes on 02 June 2022. The company has fixed the price of this IPO at ₹135 according to the face value of ₹10. The company will raise ₹76.28 Crores through this IPO under the 56,50,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Rachana Infrastructure IPO GMP and Rachana Infrastructure IPO subscription status here.
Rachana Infrastructure Limited one of the mid size private sector company engaged in the business of Construction of Road projects on Bill of Quantities (BOQ) and EPC basis. The company Company got the contracts from the Government (Zilla Panchayat) at a very small scale. The company got sub contracts from the infrastructure Companies from Gujarat, Maharashtra and many other states. The company Company got expertise in the traditional construction of Buildings, Road Construction, Irrigation, Hydro power Project and Mining. With time and experience, he started expanding our business in the other states of the India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.
The company successfully completed many projects in various departments of Government of India. The copmany satisfied clients are Public Works Department of Madhya Pradesh, Road and Building Department of Gujarat State, Madhya Pradesh Road Development Corporation, Power Grid Corporation of India, Gujarat Minerals Development Corporation, Road Construction Department of Jharkhand, ONGC Petro-Additions Limited, Ahmedabad Municipal Corporation, and Ahmedabad Urban Development Corporation etc.
Objects Of the issue :
- Repayment of Secured Loans
- Working capital requirement
- General Corporate Purpose,
- Meeting Public Issue Expenses.
Company Strengths :
- Leading Road-focused BOQ and EPC Contractor
- Management and an integrated in-house project team with strong execution capabilities and extensive Industry experience
- Visible growth through a robust order book
| Read also: Upcoming IPO List 2022 |
IPO Latest Update : Rachana Infrastructure Limited issue date extended upto 02 June 2022, and Price has been revised from ₹138 to ₹135 per share Post issue modification date has been revised to 03 June 2022.
Rachana Infrastructure IPO Review :
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Rachana Infrastructure IPO GMP Live:
Rachana Infrastructure IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 26 May 2022 | ₹0-₹0 | ₹0 |
| 25 May 2022 | ₹0-₹0 | ₹0 |
| 24 May 2022 | ₹0-₹0 | ₹0 |
| 23 May 2022 | ₹0-₹0 | ₹0 |
Rachana Infrastructure IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Offer |
| IPO Open : | 20 May 2022 |
| IPO Close : | 02 June 2022 |
| IPO Size : | ₹76.28. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹135 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹76.28. Cr |
| Fresh Issue : | ₹38.14. Cr |
| Offer For Sale : | ₹38.99. Cr |
Rachana Infrastructure IPO Market Lot :
Rachana Infrastructure IPO Minimum Market lot is 1 Lot with 1000 shares with ₹135,000 Application amount. The retail investors can apply up to 1 lots with 1000 Shares or ₹135,000 amounts.
| Miinimum Lot Size : | 1 Lot |
| Minimum Share : | 1000 Shares |
| Minimum Amount : | ₹135,000 |
| Minimum Lot Size : | 13 Lot |
| Maximum Shares : | 1000 Shares |
| Maximum Amount : | ₹135,000 |
Rachana Infrastructure IPO Shares Offer :
A Total of 56,50,000 shares are to be bid for the public issue by Rachana Infrastructure IPO with 28,25,000 for Fresh issue and 28,25,000 for offer for sale – Shares.
| Category | Shares Offer | Amount |
| Fresh issue : | 28,25,000 | ₹38.14 Cr |
| Offer For Sale : | 28,25,000 | ₹38.99 Cr |
| Total : | 56,50,000 | ₹76.28 Cr |
Rachana Infrastructure IPO Reservation :
Rachana Infrastructure IPO Total Reservation of 56,60,000 shares are to be bid for the public issue by Rachana Infrastructure IPO with – for QIB and 26,83,000 for NII 26,83,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 26,83,000 | ₹36.22 CR |
| RII : | 50% | 26,83,000 | ₹36.22 Cr |
| MMRP : | – % | 2,84,000 | ₹3.84 Cr |
| Total : | 100% | 28,82,000 | ₹76.28 Cr |
Rachana Infrastructure IPO Dates (Tentative) :
Rachana Infrastructure IPO Date is 20 May 2022 and closes on 02 June 2022. The allotment will be finalized on Update Soon and the IPO may list on Update Soon.
| Issue Open Date : | 20 May 2022 |
| Issue Close Date : | 02 June 2022 |
| Allotment Date : | 07 June 2022 |
| Refund Date : | 08 June 2022 |
| Share Credit Date : | 09 June 2022 |
| Listing Date : | 10 June 2022 |
Rachana Infrastructure IPO Form :
There are two ways to apply in Rachana Infrastructure IPO. You can apply for Rachana Infrastructure IPO through ASBA available in your bank account. You have to go to your online bank login and select Rachana Infrastructure IPO in the Invest section and apply through your bank account. Another option is you can apply Rachana Infrastructure IPO through IPO form download through NSE and BSE. See the Rachana Infrastructure IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rachana Infrastructure Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹4,171.07 | ₹3,998.76 | ₹139.85 |
| 2021 | ₹10,705.67 | ₹10,173.83 | ₹455.31 |
| 2020 | ₹15,840.55 | ₹15,018.53 | ₹597.13 |
| 2019 | ₹11,393.32 | ₹10774.96 | ₹466.45 |
Company Promoters :
■ GirishkumarRaval
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Rachana Infrastructure IPO Lead Managers :
■ Interactive Financial Services Ltd
Rachana Infrastructure IPO Registrar :
Bigshare Services Private Limited
Address: 1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis, Makwana Road, Marol,
Andheri East, Mumbai-400059
Tel No:+91 22-62638200
Fax No +91 22-62638280
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
E-Mail: [email protected]
Note: Check Rachana Infrastructure IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rachana Infrastructure Limited
404, 405, 4th Floor, Angel Complex,
Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel,Navrangpura,
Ahmedabad – 380009, Gujarat.
Tel No: 079 – 26560327
Website: www.rachanainfra.com
E-mail:[email protected]
Rachana Infrastructure IPO FAQs :
What is Rachana Infrastructure IPO?
Rachana Infrastructure IPO is SME IPO. They are going to raise ₹76.28 Crores via IPO. The issue is priced at ₹135.00 per equity share. The IPO to be listed on NSE, SME.
When Rachana Infrastructure IPO will open?
The IPO is to open on 20 May – 02 June 2022 for QIB, NII & RII.
What is Rachana Infrastructure IPO Size?
Rachana Infrastructure IPO size is ₹76.28 Crores.
What is the Fresh issue size of Rachana Infrastructure IPO?
The Fresh issue size of Rachana Infrastructure IPO ₹38.14 Cr.
What is the Offer For Sale size of Rachana Infrastructure IPO?
The Offer For Sale size of Rachana Infrastructure IPO ₹38.99 Cr.
What is Rachana Infrastructure IPO Price Band?
Rachana Infrastructure IPO Price Band is ₹135.00 Per share.
What is Rachana Infrastructure IPO Minimum and Maximum Lot Size?
The minimum bid is 1000 Shares with ₹135,000 amount while the maximum bid is 1000 shares with ₹135,000.
What is Rachana Infrastructure IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Rachana Infrastructure IPO Allotment Date?
Rachana Infrastructure IPO allotment date is Update Soon.
What is Rachana Infrastructure IPO Listing Date?
Rachana Infrastructure IPO listing date is Update Soon. The IPO to list on NSE, SME.
How to Apply the Rachana Infrastructure IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rachana Infrastructure IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rachana Infrastructure IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rachana Infrastructure IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rachana Infrastructure IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rachana Infrastructure IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rachana Infrastructure IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rachana Infrastructure IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Rachana Infrastructure GMP: Click Here Rachana Infrastructure Subscription: Click Here Rachana Infrastructure Allotment: Click Here Rachana Infrastructure Listing: Click Here |
All Rachana Infrastructure IPO-related links are available here. If you want to know the details then click on Click Here Link.
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