Rudra Gas Enterprise Limited
ListedSMEEmerging SME Services · BSE
Rudra Gas Enterprise Limited, founded in 2015, operates in gas distribution network projects, fiber cable networks, and construction equipment and vehicle rental. The company specializes in pipeline construction, civil works, and the operation and maintenance of city gas distribution networks, as well as the installation and maintenance of fiber optic cables. Rudra Gas Enterprise has three main business verticals: Gas Pipeline Projects – This includes laying pipelines for city gas distribution, building CNG stations, installing, testing, and commissioning underground pipelines, and maintaining gas infrastructure such as pipelines, valves, and stations. The company also offers operation and maintenance services for city gas distribution (CGD) companies. Fiber Optic Cable Projects – The company develops and installs fiber optic cables for data transmission using light signals. Construction Machinery & Vehicle Rental – It rents construction equipment and vehicles to subcontractors for project-specific needs. The company serves public and private sector clients in the city gas distribution and telecommunications industries. As of October 31, 2023, Rudra Gas Enterprise had 512 permanent employees, ensuring smooth execution of its projects.
Price Band
₹63
Issue Size
₹14.16 Cr
Lot Size
2000 shares
GMP
₹57
+90.5%
Est. Listing
₹120
at current GMP
Subscribed
350.80x
overall
Open
8 Feb 2024
Close
12 Feb 2024
Allotment
13 Feb 2024
Refund
14 Feb 2024
Demat Credit
15 Feb 2024
Listing
15 Feb 2024
Last updated 12 days ago
Live Grey Market Premium
Rudra Gas Enterprise Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹57+90.5%
Issue Price (Upper)
₹63
Band: ₹63
Estimated Listing Price
₹120
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,26,000
Estimated Profit / Lot
₹1,14,000
2000 × ₹57
Rudra Gas Enterprise Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹57
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹57 | 90.5% | ₹120 |
| 30 Oct 2026 | +₹57 | 90.5% | ₹120 |
| 29 Oct 2026 | +₹51 | 81.4% | ₹114 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Rudra Gas Enterprise Limited Public Issue & Market Profile
Rudra Gas Enterprise Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.16 Crores. The shares are offered at a price band of ₹63 to ₹63 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,26,000 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.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-15, while un-allotted funds or UPI block mandates will be released on 2024-02-14.
Frequently Asked Questions
What is Rudra Gas Enterprise Limited IPO GMP today?
The latest grey market premium for Rudra Gas Enterprise Limited IPO is ₹57, which indicates an expected listing price of ₹120.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.