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Rappid Valves (India) Limited IPO GMP Today, Price Range and Company Details

Rappid Valves (India) Limited IPO offers shares at ₹210 -₹222 with a ₹0 Grey Market Premium. Available in 600 share lots, the subscription runs from September 23 to September 25, 2024.
Rappid Valves (India) Limited IPO GMP Today, Price Range and Company Details

Rappid Valves (India) Limited IPO has a ₹0 Grey Market Premium as of September 21, 2024, with a price range from ₹210 to ₹222 per share. Offering lots of 600 shares, the subscription window is open from September 23 to September 25, 2024.

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Rappid Valves (India) Limited IPO GMP Today

The Grey Market Premium (GMP) for Rappid Valves (India) Limited is ₹0 as of September 21, 2024. This assessment coincides with a price from ₹210 to ₹222 per share for the IPO.

Rappid Valves (India) Limited IPO Review

Rappid Valves (India) Limited’s financial overview shows rising revenue, from ₹1,643.42 lakhs in March 2023 to ₹3,660.06 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 33.82% highlights enhanced shareholder value generation.

To get a full IPO review, click here Rappid Valves (India) Limited IPO

Rappid Valves (India) Limited IPO Date

Rappid Valves (India) Limited will start accepting subscriptions from September 23, 2024, to September 25, 2024.

Rappid Valves (India) Limited IPO Price

Rappid Valves (India) Limited’s price range is from ₹210 to ₹222 per share with a face value of ₹10 each.

Rappid Valves (India) Limited

Rappid Valves (India) Limited, branded as “Rapid,” specializes in manufacturing a wide range of valve solutions, including Ball, Gate, Globe, Butterfly, Check, Double Block, Strainer, and Marine Valves in sizes from 15mm to 600mm. Promoted by Mr. Gaurav Vijay Dalal, who has 22 years of experience in the industry, the company effectively manages its operations under his leadership.

How To Apply For Rappid Valves (India) Limited IPO?

To apply for the Rappid Valves (India) Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Rappid Valves (India) Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Rappid Valves (India) Limited IPO at Alice Blue in just a few clicks!

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