Rajesh Power Services Limited IPO

Rajesh Power Services IPO offers 27.9L fresh shares (₹93.27 Cr) & 20L OFS shares (₹67 Cr) to fund equipment, solar power, green hydrogen, working capital & general needs.

Important Details

Open Date : November 25, 2024 Close Date : November 27, 2024 Allotment Date: November 28, 2024 Listing Date: December 2, 2024

Important Details

IPO Price: INR 320-335 per share Lot Size:400 Shares. Total Issue Size: INR 160.47 crores

Fundamental Analysis

Rajesh Power Services IPO  shows mixed performance: 1. Strong revenue growth, increased profitability. 2. Higher EPS, improved RoNW. 3. Rising equities, liabilities, and assets. 4. Signals business expansion and investor confidence.

Peer Comparison

Rajesh Power Services IPO  Peer Comparison: 1. Rajesh Power Services leads in scale. 2. Advait Infratech, Kay Cee Energy, and Viviana Power Tech show varied revenue, profitability, and share values.

Objective

Rajesh Power Services IPO Objective: 1. Invest in advanced equipment. 2. Establish a solar power plant. 3. Develop expertise in green hydrogen technology. 4. Secure additional working capital for growth and innovation.

Risks And Challenges

Rajesh Power Services IPO  Risks: 1. Reliance on government projects and competitive bidding. 2. High working capital in EPC activities, Clearance delays. 3. Operates 1 MW solar plant, plans 1300 KW DC project.