Rappid Valves (India) Ltd.
Industry:
Engineering - Industrial Equipments
Issue Details
Open Date
23 Sep 2024Close Date
25 Sep 2024Size (in Crs.)
21.7649
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-12Lot Size
600
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding the Capital expenditure for purchase of new Plant and Machineries and Software by our Company;2. Expenditure for renovation of registered office and existing manufacturing unit;3. Repayment/prepayment of all or certain of our borrowings availed of by our Company;4. Pursuing inorganic growth initiatives through acquisitions; and5. General corporate purposes.
Description
Rappid Valves (India) Limited recognized by its brand name “Rapid” or by “Rappid Valves also known as a“Company” being an Engineering Company is primarily engaged in the manufacturing of Valve solutions. Ourextensive product portfolio encompasses a vast range of valves which includes Ball valves, Gate Valves, GlobeValves, Butterfly Valves. Check Valves, Double Block valves, Strainer Valves and Marine Valves which aremanufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering... Show More
Address
Genesis Industrial Complex , Plot No. 30, Village Kolgaon , Palghar (East)
Thane
401404
Promoter Holding
Promoters:
Gaurav Vijay Dalal
Total Share Capital
2654536
Offered to Public
1369800
% Promoter's Holding (Pre-Issue)
69.46
% Promoter's Holding (Post-Issue)
51.13
Shares on offer
Total Share Offer
2654536
Of above offred to public
1369800
Post Issue shares
NA
Post Issue Promoters
51.13
Lead Managers to the Issue:
Shreni Shares Pvt Ltd.
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083