Rappid Valves India Ltd

Rappid Valves India Ltd IPO

IPO Price Range: ₹210 - 222

Our Company is an Engineering Company, primarily engaged in the manufacturing of Valve solutions. Our extensive product portfolio encompasses a vast range of valves which includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves. Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse requirement across various valve Industries.

Min Investment

₹1,33,200

IPO Size

₹30 Cr

IPO Status

Closed

Quantity in 1 Lot

600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Rappid Valves India Ltd

Open Date23 Sep 2024
Close Date25 Sep 2024
Allotment Date26 Sep 2024
Listing Date30 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date23 Sep 2024
Bid Closing DateBid Closing Date25 Sep 2024
Allotment DateAllotment Date26 Sep 2024
Issue SizeIssue Size₹30.41Cr
Quantity in 1 lotQuantity in 1 lot600

Strength and risks

Strength

Strength

  • Wide range of our products.

  • Well established relationship with clients.

  • Leveraging the experience of our Promoter.

  • Strong Marketing Practices.

  • Good Standing in Marine Industry.


Risk

Risk

  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • Any delays, interruptions or reduction in the supply of raw materials to manufacture its products and any abrupt fluctuations in the prices of the company raw materials may adversely affect the pricing of its products and may have an impact on the company Business, Results of Operation, Financial Condition and Cash Flows.

  • The company derives a significant portion of its revenues from a limited number of customers. The loss of, or a significant reduction in the revenues the company receive from, one or more of these customers, may adversely affect its business.

  • The company has certain outstanding litigation against it, an adverse outcome of which may affect its results of operations.

  • The company derives a significant portion of its revenue from Ball Valves, Gate Valves, Globe Valves, Butterfly Valves and Check valves, any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.

  • The Company sells its products for specific use by certain Industries. Any reduction in the demand or requirement of its products in such Industries may result in loss of Business and may affect the company Financial Performance and Financial Condition.

  • The company source its 100 % raw materials from domestic market i.e. Gujarat and Maharashtra. Any adverse developments affecting its procurement in these regions could have an adverse impact on the company revenue and results of operations.

  • The company generate its major portion of sales from its operations in certain geographical regions especially, Maharashtra, New Delhi and Gujarat. Any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

  • The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.

  • Any disruption, breakdown or shutdown of its Manufacturing operations at the company Manufacturing Facility could have an adverse effect on its Business, Financial Condition and Results of Operations.

About Rappid Valves India Ltd

OrganisationRappid Valves India Ltd
HeadquartersThane
IndustryCapital Goods-Non Electrical Equipment

Frequently Asked Questions

  • What is the size of the Rappid Valves India Ltd IPO?

    The size of the Rappid Valves India Ltd IPO is ₹30.41Cr .

  • What is 'pre-apply' for Rappid Valves India Ltd IPO?

    'Pre-apply' for Rappid Valves India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Rappid Valves India Ltd IPO order be placed?

    Your Rappid Valves India Ltd IPO order will be placed on 23 Sep 2024.

  • What are the open and close dates of the Rappid Valves India Ltd IPO?

    The open and close dates of the Rappid Valves India Ltd IPO are 23 Sep 2024 to 25 Sep 2024.

  • What is the lot size and minimum order quantity of the Rappid Valves India Ltd IPO?

    The lot size and minimum order quantity of the Rappid Valves India Ltd IPO are 600 and 600 respectively.

  • What would be the listing gains on the Rappid Valves India Ltd IPO?

    The potential listing gains on the Rappid Valves India Ltd IPO will depend on various market factors and cannot be predicted with certainty.