Rudra Gas Enterprise Limited

Rudra Gas Enterprise Limited

listed
₹1.26LMin. investment
  1. Bid start
    8 Feb
  2. Bid end
    12 Feb
  3. Allotment
    10 Feb
  4. Release of funds
    14 Feb
  5. Demat transfer
    13 Feb
  6. Listing
    15 Feb

About Rudra Gas Enterprise Limited

Price range₹63.00 – ₹63.00
IPO type
SME
Lot size2000 shares
Issue size₹14.16Cr
RHP/DRHP
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About Rudra Gas Enterprise Limited

About Rudra Gas Enterprise Limited Established in 2015, Rudra Gas Enterprise Limited has emerged as a key player in the infrastructure sector, offering a diverse range of services catering to the evolving needs of the industry. Specializing in gas distribution network projects, fiber cable network installations, and the renting of construction machinery and vehicles, the company prides itself on delivering comprehensive solutions tailored to the city gas distribution sector. With a steadfast commitment to excellence, Rudra Gas Enterprise Limited excels in pipeline construction, civil works, and operation and maintenance, ensuring the seamless transportation of critical resources such as Compressed Natural Gas (CNG) and Piped Natural Gas (PNG). Moreover, their proficiency in the fiber cable network sector is evident through their adeptness in fiber cable installations and maintenance services. The hallmark of Rudra Gas Enterprise Limited lies in its unwavering dedication to reliability and quality, cementing its position as a trusted partner in the infrastructure realm. By prioritizing timeliness and adhering to stringent safety standards, the company not only meets project deadlines but also prioritizes the well-being of its workforce, stakeholders, and communities. The company's clientele encompasses a diverse spectrum of established entities within the city gas distribution and telecommunication industries, spanning both public and private sectors. Leveraging extensive technical prowess, industry insights, and robust relationships, Rudra Gas Enterprise Limited has successfully implemented strategic initiatives that have propelled its growth trajectory. Driven by foresight and vision, the company continuously identifies and capitalizes on growth opportunities, thereby solidifying its market presence and exploring new avenues for expansion. With a strong emphasis on fostering enduring client relationships, Rudra Gas Enterprise Limited is poised to sustain its upward trajectory and emerge as a frontrunner in the infrastructure sector. In essence, Rudra Gas Enterprise Limited derives its revenue from three core business verticals: Gas Pipeline Projects, Fiber Cable Projects, and Renting of Construction Machineries and Vehicles. By harnessing its strengths and leveraging industry expertise, the company is poised for sustained growth and innovation in the ever-evolving infrastructure landscape. As Rudra Gas Enterprise Limited gears up for its Initial Public Offering (IPO), the generated proceeds from the Fresh Issue will be strategically allocated to crucial objectives. To Meet Working Capital Requirements General Corporate Purposes Here are key details about the Rudra Gas Enterprise Limited IPO: Company Name Rudra Gas Enterprise Limited Rudra Gas Enterprise Limited IPO Opening Date February 8, 2024 Company Established On 2015 Rudra Gas Enterprise Limited IPO Allotment Status February 13, 2024 Rudra Gas Enterprise Limited IPO Closing Date February 12, 2024 Rudra Gas Enterprise Limited IPO Listing Date February 15, 2024 Credit of Shares to the Demat Account February 14, 2024 Rudra Gas Enterprise Limited IPO Lot Size 2000 Shares Rudra Gas Enterprise Limited IPO Face Value ₹10 per share Rudra Gas Enterprise Limited IPO to be Listed on BSE Rudra Gas Enterprise Limited IPO Issue Size ₹14.16 Cr Rudra Gas Enterprise Limited IPO Price band ₹63 per share

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Rudra Gas Enterprise Limited ?

The issue size of the Rudra Gas Enterprise Limited is 14.16 Cr.

What is 'pre-apply' for Rudra Gas Enterprise Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Rudra Gas Enterprise Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.