Rulka Electricals Limited
ListedSMEElectrical / Construction & Engineering · NSE
Rulka Electricals Limited has been delivering top-notch electrical and fire-fighting solutions since May 2013. The company offers a wide range of services, including electrical panels, solar EPC projects, warehouse electrical setups, commercial and industrial services, maintenance, contracting, and data & voice cabling installations. They cater to industrial, commercial, retail, and theatrical sectors, managing everything from design and supply to installation, testing, and commissioning — all under one roof. With an ISO 9001:2015 certification, Rulka Electricals ensures high-quality standards at every step. As of February 29, 2024, they have a skilled team of 92 employees. The majority of their revenue comes from Turnkey Projects, offering a complete package of materials, labor, engineering, design, and consulting services — making them a one-stop solution for all electrical and safety needs.
Price Band
₹223 – ₹235
Issue Size
₹26.40 Cr
Lot Size
600 shares
GMP
₹410
+174.5%
Est. Listing
₹645
at current GMP
Subscribed
676.90x
overall
Open
16 May 2024
Close
21 May 2024
Allotment
22 May 2024
Refund
23 May 2024
Demat Credit
24 May 2024
Listing
24 May 2024
Last updated 12 days ago
Overall Subscription
676.90x
Total Demand
QIB Multiplier
204.22x
Institutions & Funds
NII / HNI
1350.51x
High Net-Worth
Retail (RII)
658.32x
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 | 213,600 | 43,621,800 | 204.22x |
| NIB | 160,200 | 216,351,000 | 1350.51x |
| RETAIL | 373,800 | 246,079,800 | 658.32x |
| Total | 747,600 | 506,052,600 | 676.90x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 655 | 431,200 | 658.32x |
| HNIs (10L +) | 4 | 5,402 | 1350.51x |
| HNIs (2-10L) | 20 | 27,010 | 1350.51x |
| Total Applications | 679 | 463,612 | 682.79x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Rulka Electricals Limited Public Issue & Market Profile
Rulka Electricals Limited is bringing an initial public offering (IPO) in the Electrical / Construction & Engineering sector with an aggregate issue size of ₹26.4 Crores. The shares are offered at a price band of ₹223 to ₹235 per equity share on NSE. 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 2024-05-21, the basis of allotment is scheduled to be finalized on 2024-05-22. 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 Rulka Electricals Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Rulka Electricals Limited IPO is ₹410 per equity share. Based on the upper price band of ₹223 to ₹235 per equity share, the estimated listing price is ₹645 (+174.5% expected listing gain).
What is the expected profit per lot for Rulka Electricals Limited IPO?
With a lot size of 600 shares and current GMP of ₹410, the expected profit per application lot is approx ₹2,46,000 (+174.5% gain). Minimum application cost is approx ₹1,41,000.
What is the issue size and price band for Rulka Electricals Limited IPO?
The Rulka Electricals Limited IPO aggregate issue size is ₹26.4 Crores with an equity price band set at ₹223 to ₹235 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,41,000.
How can I check Rulka Electricals Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 676.90x (Retail: 658.32x, QIB: 204.22x, NII: 1350.51x). You can track live multiples directly on our dedicated subscription page.
Where and when will Rulka Electricals 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 2024-05-22. Investors can verify status using PAN card or application number.
When is the listing date for Rulka Electricals Limited IPO?
Rulka Electricals Limited shares are scheduled to list on NSE on 2024-05-24.