Rappid Valves (India) Limited-Logo

Rappid Valves (India) Limited

RAPPID

210-222

per share
Bidding Dates
23-25 Sep
Min. Investment
₹1,26,000.00
Lot Size
600 shares
Issue Size
₹30.41 Cr
IPO Timeline
Bidding starts
23 Sep ‘24
Bidding ends
25 Sep ‘24
Allotment finalisation*
26 Sep ‘24
Refund initiation*
27 Sep ‘24
Demat transfer
27 Sep ‘24
Listing
30 Sep ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Rappid Valves (India) Limited

Rappid Valves has established itself as a prominent manufacturer of industrial valves since commencing operations at the Genesis Industrial Complex in Palghar, Maharashtra, in 2006. Covering an expansive area of 32,431.66 sq. ft., the company, led by Mr. Gaurav Vijay Dalal, specializes in a diverse range of products, including top entry ball valves, gate valves, and automated valves, among others. Their product offerings encompass various types of valves such as ball, gate, globe, butterfly, and check valves, as well as specialized marine valves, catering to numerous industries including chemicals, pharmaceuticals, and marine applications.

The manufacturing facility at Rappid Valves is equipped with advanced machinery, featuring automated CNC machines, test benches, and conventional tools, ensuring a seamless manufacturing process that adheres to international standards. This commitment to quality is evident in their rigorous assembly processes and logistical arrangements, all designed to facilitate efficient operations. The company places a strong emphasis on safety, conducting regular safety meetings and adhering to necessary safety standards, thereby fostering a secure work environment.

Since its inception, Rappid Valves has progressively expanded its operations, achieving significant milestones such as the approval from DNV to manufacture Fire Safe Design Ball Valves as per API 607 in 2008. By 2012, the company had ventured into exports, supplying valves to Dubai and establishing itself as a reliable brand in international markets. Regular testing and certification by independent organizations ensure that their products meet stringent quality requirements, reinforcing their reputation for precision control systems in critical applications.

Rappid Valves prides itself on its technological capabilities, offering customized valve solutions tailored to meet the specific needs of clients across various sectors, including ethanol and breweries, shipbuilding, and EPC. Their advanced CNC machining capabilities, powered by Computer Aided Manufacturing (CAM), allow for the processing of a wide array of materials such as carbon steel, stainless steel, and titanium. This focus on innovation and quality not only distinguishes Rappid Valves in a competitive landscape but also underlines their commitment to delivering high-performance products that meet the demands of modern industrial applications.

Rappid Valves  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. Funding the Capital expenditure for purchase of new Plant and Machineries and Software by the Company
  2. Expenditure for renovation of registered office and existing manufacturing unit
  3. Repayment/prepayment of all or certain of our borrowings availed of by the Company
  4. Pursuing inorganic growth initiatives through acquisitions
  5. General corporate purposes. 

IPO analysis

Registrar information
Name
Link Intime India Private Ltd
Phone number
+91-22-4918 6270
Email ID
rappidvalves.smeipo@Linkintime.co.in

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