The Rudra Gas Enterprise IPO started on February 8, 2024, and ended on February 12, 2024. Shares were allocated on February 13, 2024, and refund processes began on February 14, 2024. On February 14, 2024, the shares were credited to investors demat accounts. Rudra Gas Enterprise was officially listed on the stock exchange on February 15, 2024.
During the IPO, Rudra Gas Enterprise offered shares at a price range of ₹63 per share, and the lot size was 2000 shares. The total issue size was ₹14.16 crores, with ₹14.16 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 47.42% of the shares were allocated to other and 47.42% were set aside for retail investors.
Rudra Gas Enterprise IPO Subscription Update Video
Rudra Gas Enterprise IPO Subscription Status
The Rudra Gas Enterprise IPO on February 12, 2024 was subscribed 350.75 times, with the retail category being subscribed 404.38 times, the other being subscribed 286.62 times.
| Category | Subscription |
| Other | 286.62x |
| Retail | 404.38x |
| Total | 350.75x |
Rudra Gas IPO Basic Details
| Company Name | Rudra Gas Enterprise Limited |
| 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 |
About Rudra Gas Enterprise Limited
In 2015, Rudra Gas Enterprise Limited started its journey and is actively involved in various projects related to gas distribution networks, fiber cable networks, construction equipment, and vehicle rentals.
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: This involves laying pipelines for city gas distribution, constructing associated facilities like CNG stations, and handling everything from installation to testing and commissioning. We also provide comprehensive operation and maintenance services to city gas distribution companies.
- Fiber Optic Cable Projects: We develop special cables for transmitting data using light signals.
- Rental of Construction Machinery and Vehicles: We provide construction machinery and vehicle rentals to subcontractors for specific projects.
Our clientele comprises companies in city gas distribution and telecommunications, both in the public and private sectors.
As of October 31, 2023, we had 512 dedicated employees on our payroll.
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Rudra Gas Enterprise IPO FAQs
What is the start and end date of Rudra Gas Enterprise IPO Subscription?
The Rudra Gas Enterprise IPO started on February 8, 2024, and ended on February 12, 2024.
When does Rudra Gas Enterprise IPO Subscription open?
The Rudra Gas Enterprise IPO open on February 8, 2024.
When does Rudra Gas Enterprise IPO Subscription close?
The Rudra Gas Enterprise IPO Close on February 12, 2024.
What is the allotment date of Rudra Gas Enterprise IPO?
The allotment date for Rudra Gas Enterprise IPO is February 13, 2024.
When is the initial refund date of Rudra Gas Enterprise IPO?
The initial Refund date for Rudra Gas Enterprise IPO is February 13, 2024.
When were the shares credited to investors demat accounts for the Rudra Gas Enterprise IPO?
The shares for the Rudra Gas Enterprise IPO were credited to investors demat accounts on February 14, 2024.
When will Rudra Gas Enterprise IPO be listed on the stock market?
Rudra Gas Enterprise IPO stock market will be listed on February 15, 2024 at 10 am.
What was the price range of the Rudra Gas Enterprise IPO shares?
The Rudra Gas Enterprise IPO shares were offered at a price range of ₹63 per share.
What was the lot size for the Rudra Gas Enterprise IPO shares?
The lot size for the Rudra Gas Enterprise IPO shares was 2000 shares.
What was the total issue size of the Rudra Gas Enterprise IPO?
The total issue size of the Rudra Gas Enterprise IPO was ₹14.16 crores.
How were the shares allocated among different types of investors for the Rudra Gas Enterprise IPO?
47.42% of the shares were allocated to other and 47.42% were set aside for retail investors.
On which stock exchanges was the Rudra Gas Enterprise IPO listed?
The Rudra Gas Enterprise IPO was listed on the BSE SME.
What is the Rudra Gas Enterprise IPO Subscription Status?
Rudra Gas Enterprise IPO is subscribed 350.75 Times.
