Rappid Valves (India) Limited
ListedSMECapital Goods / Industrial Engineering · NSE
Incorporated in 2002, Rappid Valves (India) Limited manufactures a wide range of valve solutions such as ball, gate, globe, butterfly, check, double block, filter, and marine valves made from both ferrous and non-ferrous materials in sizes from 15mm to 600mm, catering to multiple industries. The company operates an advanced manufacturing unit equipped with CNC machines, VMCs, test benches, EOT cranes, and other modern machinery, and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring strong quality and safety practices. Backed by experienced leadership, continuous manufacturing upgrades, and expertise in marine sector solutions, Rappid Valves is expanding its market reach through sales offices in Dahej, Ahmedabad, Pune, and Noida, and as of June 30, 2024, employs 47 people at its manufacturing plant and registered office.
Price Band
₹210 – ₹222
Issue Size
₹30.41 Cr
Lot Size
600 shares
GMP
₹100
+45.0%
Est. Listing
₹322
at current GMP
Subscribed
176.14x
overall
Open
23 Sep 2024
Close
25 Sep 2024
Allotment
26 Sep 2024
Refund
27 Sep 2024
Demat Credit
28 Sep 2024
Listing
30 Sep 2024
Last updated 12 days ago
Official Registrar Verification
Rappid Valves (India) Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
26 Sep 2024
Basis finalization
Refunds Initiate
27 Sep 2024
Mandate release
Demat Credit
28 Sep 2024
Shares in demat
Listing Debut
30 Sep 2024
Trading begins
How to Check Rappid Valves (India) Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Rappid Valves (India) Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Rappid Valves (India) Limited Public Issue & Market Profile
Rappid Valves (India) Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹30.41 Crores. The shares are offered at a price band of ₹210 to ₹222 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,33,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-28, while un-allotted funds or UPI block mandates will be released on 2024-09-27.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.