Rulka Electricals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 532,800 (47%) | — | ₹1,252 Cr |
| NII (HNI) | — | 160,200 (14%) | — | ₹376 Cr |
| Retail | — | 373,800 (33%) | — | ₹878 Cr |
| Market Maker | — | 56,400 (5%) | — | ₹13 Cr |
| Σ Total | — | 1,123,200 (100%) | — | ₹26,395 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹141,000 |
| Retail (Max) | 13 | 7,800 | ₹1,833,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,974,000 |
| B-HNI (Min) | 67 | 40,200 | ₹9,447,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 6,528 | 4,690 | 3,627 |
| Profit After Tax | 566 | 281 | 112 |
| Net Worth | 1,290 | 557 | 277 |
| Total Assets | 4,082 | 2,827 | 1,919 |
| Reserves & Surplus | 949 | 546 | 266 |
| Total Borrowing | 1,105 | 527 | 527 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirement –
- General Corporate Purpose –
- To Meet the Offer Expenses –
Company Overview
Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The company offers various services, including electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. These services cater to various sectors such as industrial, commercial, retail, and theatre.
The company's integrated operations encompass designing, supplying, installing, testing, and commissioning the project.
The company generates 100% of its revenue through Turnkey Projects, which include both material and labor along with engineering, design, and consulting services.
The company's services can be divided into the following categories:-
- Electrical Services
- Fire Fighting Systems
- Security Systems
- Public Address Systems
- Access Control Systems
- Audio-Video Systems Services
- CCTV Systems Service
- IT & Networking Services
- Solar Systems
The company is ISO 9001:2015 certified for its quality management systems.
As of February 29th, 2024, the company has 92 employees on its payroll.