IPO IPO-Synopsis
Rajesh Power Services Ltd

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Registered Office: 380/3 Siddhi House off C.C. Rd,Navrangpur , Ahmedabad - 380006 , Gujarat , India.
Phone : +91 63587 36465   Fax:
Email :  cs@rajeshpower.com  
Website :  www.rajeshpower.com
Initial public offer of upto 47,90,000 equity shares of face value of Rs10 each ("Equity Shares") of Rajesh Power Services Limited (the "Company" or "RPSL" or "The Issuer") for cash at a price of Rs335 per share (including a share premium of Rs325 per equity share) (the "Issue Price"), aggregating to Rs160.47 crores ("The Issue"), comprising of fresh issue of upto 27,90,000 equity shares at Rs335 per equity shares aggregating to Rs93.47 crores and offer for sale of 20,00,000 equity shares by selling shareholders at Rs335 per equity shares aggregating to Rs67.00 crores. The offer includes a resrvation of upto 2,44,000 equity shares of face value of Rs10 each at a price of Rs335 per equity share aggregating to Rs8.17 crores for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 45,46,000 equity shares of Rs10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60 % and 25.25 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Nov-24 27-Nov-24 Rs335.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :400  Further Multiples of :400

  Rs Cr Lead Managers to the Issue
Project Cost 144.97
ISK Advisors Pvt Ltd
Project Financed through Current Offer 160.47  
Post Issue Equity Share Capital 18.01  
Issue Price Rs335.00  
Projects
Capital ExpenditureGeneral corporate purposes
Additional working capital requirements
Promoted By
Rajendra Baldevbhai Patel
Kurang Ramchandra Panchal
Kaxil Prafulbhai Patel
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd