The Rudra Gas Enterprise IPO commenced on February 8, 2024, and concluded on February 12, 2024. The allotment of shares took place on February 13, 2024, and the initiation of refunds began on February 14, 2024. The shares were credited to the demat accounts of investors on February 14, 2024. Finally, the listing of Rudra Gas Enterprise on the stock exchange occurred on February 15, 2024.
The Rudra Gas Enterprise IPO was priced at ₹63 per share, with a lot size of 2000 shares. The total issue size was ₹14.16 crores, comprising a fresh issue of ₹14.16 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 47.42% of the shares and the retail quota was reserved for 47.42% of the shares.
Rudra Gas Enterprise IPO Basic Details
| Company Name | Rudra Gas Enterprise Limited |
| Rudra Gas Enterprise IPO GMP Today | ₹40 |
| Rudra Gas Enterprise IPO Listing Gain | 63.49% |
| Rudra Gas Enterprise IPO Open Date | February 8, 2024 |
| Rudra Gas Enterprise IPO Close Date | February 12, 2024 |
| Rudra Gas Enterprise IPO Allotment Date | February 13, 2024 |
| Rudra Gas Enterprise IPO Listing Date | February 15, 2024 |
| Face Value | ₹10 per share |
| Price | ₹63 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,248,000 shares of ₹10 (aggregating up to ₹14.16 Cr) |
| Fresh Issue | 2,248,000 shares of ₹10 (aggregating up to ₹14.16 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mrs. Manjulaben Sureshbhai Patel, Mr. Kush Sureshbhai Patel and Mr. Kashyap Sureshbhai Patel |
Rudra Gas Enterprise IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹40 | 63.49% | – | – |
| 8 February 2024 | ₹40 | 63.49% | – | – |
| 7 February 2024 | ₹40 | 63.49% | – | – |
| 6 February 2024 | ₹40 | 63.49% | – | – |
Rudra Gas IPO Details:
Rudra Gas Enterprise Limited started in 2015 and is actively involved in projects related to gas distribution networks, fiber cable networks, construction equipment, and vehicle rental.
We specialize in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks. Additionally, we offer services for installing and maintaining fiber optic cables.
Our company operates in three main areas:
- Gas Pipeline Projects: We handle the installation of pipelines for city gas distribution, including the construction of associated facilities like CNG stations. This involves laying underground pipelines, conducting tests, and commissioning, along with maintenance and repair services. We also provide comprehensive operation and maintenance support to city gas distribution companies.
- Fiber Optic Cable Projects: We focus on developing special cables for data transmission using light signals.
- Rental of Construction Machinery and Vehicles: We offer the rental of construction machinery and vehicles to subcontractors for specific projects.
Our clients come from both the public and private sectors, spanning city gas distribution and telecommunications industries.
As of October 31, 2023, we have a dedicated team of 512 permanent employees working with us.
Rudra Gas Enterprise IPO More Details Click Here
Rudra Gas Enterprise IPO FAQs
When is Rudra Gas Enterprise IPO open?
Rudra Gas Enterprise IPO will open on 8 February 2024.
When is Rudra Gas Enterprise IPO Close?
Rudra Gas Enterprise IPO will be closed on 12 February 2024.
What is Rudra Gas Enterprise IPO GMP Today?
The Rudra Gas Enterprise IPO GMP aka Grey Market Premium is ₹40.
What is Rudra Gas Enterprise IPO Kostak Rates Today?
The Rudra Gas Enterprise IPO Kostak Rate is ₹000.
What is Rudra Gas Enterprise IPO Subject to Sauda Price Today?
The Rudra Gas Enterprise IPO subject to sauda rates is ₹000.
Rudra Gas Enterprise IPO Expected Returns?
The Rudra Gas Enterprise expected return is 63.49%.
How much will be the listing gain in Rudra Gas Enterprise IPO?
Rudra Gas Enterprise IPO will get listing gain of 63.49%. (Approx.)
