Issue Price
₹335
Per Share
GMP
NIL
Grey Market
Est. Listing
₹335
Expected Price
Min. Application
₹268,000
2 lots × 400 shares
Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and industries.Rajesh Power Services Limited has invested in HKRP Innovations Limited (HKRP), which offers customized IT solutions for the energy sector. HKRP specializes in IoT and cloud-based solutions for power grids and renewable energy, providing tools like the Smart Feeder Management System (SFMS), Virtual Feeder Segregation (VFS), Real-Time Monitoring System for Oil Wells (RTMS), and Solar Energy Data Management (SEDM).The company offers services to both the Renewable and Non-Renewable segments of the power sector.The company provides the following servicesEHV Underground Cables and Transmission LinesEHV AIS/GIS Substations including Civil WorksHV/MV/LV Underground Cable Laying and Overhead MVCC Conductor InstallationRevamping the entire Distribution Network including Substations, RMUs, Transformers & Cables on Turnkey BasisPower Supply Arrangement Projects for Solar Power PlantsOperation and Maintenance of EHV, HV, MV & LV SubstationsOperation and Maintenance of EHV, HV, MV & LV Transmission and Distribution NetworkThe company clients include GIFT City, Gandhinagar; Gujarat Metro Rail Corporation Ltd., Gandhinagar; , IFFCO, Adani Renewables, Prestige, Reliance Industries Limited, Torrent Power Ltd., Dholera; Jay Chemicals Ltd., Saykha; Sabar Dairy, Himmatnagar; Grindwell Norton Limited (Saint Gobain), Hindustan Coca Cola and so on and so forth.Rajesh Power Services Ltd. (RPSL) specializes in EPC contracting and providing services to power transmission and distribution utilities.Cometitive StrengthConstant Financial Growth maintaining healthy profit margins.Successfully completed numerous power sector projects as an EPC contractor for over 20 years.Looking for ways to expand our business in renewable energy, focusing on solar energy and hydrogen electrolyzers.As of April 1, 2024, the Company employs 940 people in various departments.
Rajesh Power Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 244,000 | — | ₹8.17 Cr | — |
| TOTAL | 4,790,000 | 100.00% | ₹160.47 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹134,000 |
| Retail (Max) | 13 | 5,200 | ₹1,742,000 |
| sNII (Min) | 14 | 5,600 | ₹1,876,000 |
| bNII (Min) | 68 | 27,200 | ₹9,112,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 31785.09 | 29506.07 | 21117.57 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 2768.25 | 2602.29 | 675.15 |
| Net Worth | 11122.22 | 8430.05 | 5865.80 |
| Total Assets | 33822.42 | 24039.00 | 19823.38 |
| Reserves & Surplus | 9600.48 | 6908.31 | 4344.06 |
| Total Borrowings | 7973.04 | 7767.08 | 5971.20 |