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Rajesh Power Services Ltd

Registered Office: 380/3 Siddhi House off C.C. Rd,Navrangpur, Ahmedabad - 380006, Gujarat, India.
Phone : +91 63587 36465   Fax:
Email :  cs@rajeshpower.com  
Website :  www.rajeshpower.com

Initial public offer of upto 47,90,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Rajesh Power Services Limited (the "Company" or "RPSL" or "The Issuer") for cash at a price of Rs. 335 per share (including a share premium of Rs. 325 per equity share) (the "Issue Price"), aggregating to Rs. 160.47 crores ("The Issue"), comprising of fresh issue of upto 27,90,000 equity shares at Rs. 335 per equity shares aggregating to Rs. 93.47 crores and offer for sale of 20,00,000 equity shares by selling shareholders at Rs. 335 per equity shares aggregating to Rs. 67.00 crores. The offer includes a resrvation of upto 2,44,000 equity shares of face value of Rs. 10 each at a price of Rs. 335 per equity share aggregating to Rs. 8.17 crores for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 45,46,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens on Closes On Application Allotment
25-Nov-24 27-Nov-24 335.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 400   Further Multiples of : 400
  Rs(Cr.) Lead Managers to the Issue
Project Cost 144.97 ISK Advisors Pvt Ltd
Project Financed through Current Offer 160.47  
Post Issue Equity Share Capital 18.01  
Issue Price 335.00  

Project

  • Capital Expenditure
  • Additional working capital requirements
  • General corporate purposes

Promoted By

Rajendra Baldevbhai Patel

Kurang Ramchandra Panchal

Kaxil Prafulbhai Patel

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.