Rulka Electricals Ltd IPO

Rulka Electricals plans an IPO of INR 26.40 cr: Fresh issue INR 19.80 cr & offer to sell INR 6.60 cr. Funds will be used for working capital and general corporate purposes.

Important Details

Open Date : May 16, 2024 Close Date : May 21, 2024 Allotment Date: May 22, 2024 Listing Date: May 24, 2024

Important Details

IPO Price: INR 223-235 per  share Lot Size: 600 Shares Total Issue Size: INR 26.40 cr

Fundamental Analysis

Rulka Electricals financial analysis shows mixed performance: 1. Revenue steadily upward, milestone reached by Feb 2024. 2. Profitability surged, shows robust performance. 3. Inventory turnover ratio declined, indicating sales challenges.

Peer Comparison

Rulka Electricals: Strong fundamentals, high EPS and RoNW, robust performance. HEC Infra Projects: Lower P/E ratio and EPS, potential growth challenges.


Rulka Electricals Ltd IPO objective is to meet working capital requirements.

Risks And Challenges

Rulka Electricals Ltd IPO risks: 1. Revenue volatility from client contracts & Dependence on major clients. 2. Project execution challenges. 3. Vulnerability to regional economic & policy fluctuations, hindering national expansion & competitiveness.