Rajputana Industries IPO offers 62.85 lakh shares worth INR 23.88 crores for working capital, power grid purchases, and corporate purposes.
Open Date : July 30, 2024 Close Date : August 1, 2024 Allotment Date: August 2, 2024 Listing Date: August 6, 2024
IPO Price: INR 36-38 per share Lot Size: 3000 Shares Total Issue Size: IINR 23.88 crores
Rajputana Industries IPO analysis shows mixed performance: 1. Revenue increased, Equity & liabilities grew. 2. Profitability & EPS improved. 3. RoNW rose, Total assets expanded. 4. Indicates strong business growth and investor confidence.
1. Rajputana Industries Ltd: Strong earnings per share (EPS) and return on net worth (RoNW). 2. Nupur Recyclers Ltd: Varying performance (details not specified). 3. Baheti Recycling Ltd: Leads in total assets and profitability.
Rajputana Industries Limited: Main objectives are to meet working capital needs and purchase power grids.
Rajputana Industries IPO risks: 1. High revenue dependence on promoter group companies. 2. Conflicts of interest from related party transactions. 3. Impact from promoters’ interests in similar businesses.