Rulka Electricals IPO fully booked on Day 1 led by retail investors; Check latest GMP, subscription status, more.
₹223 and ₹235 per equity share with a face value of ₹10 each. The lot size for the Rulka Electricals IPO is 600 shares.
A minimum of 600 equity shares must be applied for, with further shares applied for in multiples of 600. The Rulka Electricals IPO garnered ₹7.5 crore through the sale of 3.19 lakh equity shares to anchor investors at ₹235 apiece.
The anchor book subscription had participation by marquee investors such as BOFA Securities Europe SA - ODI, Negen Undiscovered Value Fund, Galaxy Noble Global Opportunities Fund PCC - GNGOF 1, Benani Capital - Benani Capital Scheme 1, North Star Opportunities Fund VCC - Bull Value Incorporated VCC Sub - Fund, Saint Capital Fund, and Eminence Global Fund PCC - Eubilia Capital Partners Fund 1. Also Read: Energy Mission Machineries share price makes a stellar debut, stock opens with 165% premium at ₹366 apiece on NSE SME The Mumbai-based firm is a turn-key project contractor that provides solutions for all sorts of electrical and firefighting turnkey projects.
It provides a wide range of services in the industrial, commercial, retail, and theatre sectors, including electrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects, electrical commercial and industrial services, maintenance services, electrical contracting, and data and voice cabling installation. The firm also provides electrical contracting services for a variety of industrial sites.
Rulka Electricals was founded in 2013 by Rupesh Laxman Kasavkar and Nitin Indrakumar Aher, two entrepreneurs with over two decades of combined electrical expertise. The promoters' considerable experience in site execution and electrical/fire project work has helped shape the company's expansion
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