Rajesh Power Services Limited
ListedSMECapital Goods / Industrials · BSE
Rajesh Power Services Limited, established in 1971, provides consultancy, EPC contracting, and specialized services to power transmission and distribution utilities across renewable and non-renewable energy sectors in India, serving major clients like GIFT City, Gujarat Metro, Adani Renewables, and Reliance. The company has also invested in HKRP Innovations, which builds IoT and cloud-based IT solutions for the energy sector such as Smart Feeder Management System, Virtual Feeder Segregation, Real-Time Oil Well Monitoring, and Solar Data Management. With 940 employees as of April 1, 2024, RPSL blends long industry experience with modern technology to offer comprehensive and innovative energy solutions nationwide.
Price Band
₹319 – ₹335
Issue Size
₹160 Cr
Lot Size
400 shares
GMP
₹157
+46.9%
Est. Listing
₹492
at current GMP
Subscribed
59.08x
overall
Open
25 Nov 2024
Close
27 Nov 2024
Allotment
28 Nov 2024
Refund
29 Nov 2024
Demat Credit
30 Nov 2024
Listing
2 Dec 2024
Last updated 12 days ago
Overall Subscription
59.08x
Total Demand
QIB Multiplier
46.39x
Institutions & Funds
NII / HNI
138.81x
High Net-Worth
Retail (RII)
31.96x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 913,600 | 42,384,000 | 46.39x |
| NIB | 691,200 | 95,946,400 | 138.81x |
| RETAIL | 1,604,800 | 51,289,600 | 31.96x |
| Total | 3,209,600 | 189,620,000 | 59.08x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 4,191 | 133,944 | 31.96x |
| HNIs (10L +) | 27 | 3,748 | 138.81x |
| HNIs (2-10L) | 128 | 17,768 | 138.81x |
| Total Applications | 4,346 | 155,460 | 35.77x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Rajesh Power Services Limited Public Issue & Market Profile
Rajesh Power Services Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrials sector with an aggregate issue size of ₹160.47 Crores. The shares are offered at a price band of ₹319 to ₹335 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-11-27, the basis of allotment is scheduled to be finalized on 2024-11-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Rajesh Power Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Rajesh Power Services Limited IPO is ₹157 per equity share. Based on the upper price band of ₹319 to ₹335 per equity share, the estimated listing price is ₹492 (+46.9% expected listing gain).
What is the expected profit per lot for Rajesh Power Services Limited IPO?
With a lot size of 400 shares and current GMP of ₹157, the expected profit per application lot is approx ₹62,800 (+46.9% gain). Minimum application cost is approx ₹1,34,000.
What is the issue size and price band for Rajesh Power Services Limited IPO?
The Rajesh Power Services Limited IPO aggregate issue size is ₹160.47 Crores with an equity price band set at ₹319 to ₹335 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,34,000.
How can I check Rajesh Power Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 59.08x (Retail: 31.96x, QIB: 46.39x, NII: 138.81x). You can track live multiples directly on our dedicated subscription page.
Where and when will Rajesh Power Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-11-28. Investors can verify status using PAN card or application number.
When is the listing date for Rajesh Power Services Limited IPO?
Rajesh Power Services Limited shares are scheduled to list on BSE on 2024-12-02.