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Rulka Electricals Limited

Rulka Electricals Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-05-24
IPO Timeline
Today · 20 Oct 2026
Opens
16 May 2024
Closes
21 May 2024
Allotment
18 May 2024
Refund
23 May 2024
Demat
22 May 2024
Listing
24 May 2024
Price Band
₹223–235
GMP
₹0
0%
Lot Size
600 Shares
Min ₹141,000
Subscription
0x
Issue Size
₹26.4 Cr
Open
2024-05-16
Close
2024-05-21
Listing
2024-05-24

About the company

## **About  Rulka Electricals Limited** Incorporated in May 2013, Rulka Electricals Limited is a comprehensive solutions provider specializing in the design, supply, installation, testing, and commissioning of various projects. Their expertise spans across diverse sectors, including warehouses, retail stores, theatres, hospitals, and hospitality venues nationwide. Integrated Services and Solutions Rulka Electricals Limited is committed to delivering holistic solutions that ensure the longevity and efficiency of the systems they install. Their integrated operations include: - Designing: Tailored project designs that meet specific client needs. - Supplying: High-quality materials and equipment sourced from reputable suppliers. - Installation: Professional installation services ensuring seamless integration of systems. - Testing & Commissioning: Rigorous testing and commissioning to guarantee optimal performance. Operations and Maintenance (O&M) Services: To support the continuous functionality of their installations, Rulka Electricals Limited offers comprehensive Operations and Maintenance (O&M) services, specifically for electrical and fire-fighting systems. These services are designed to proactively address system needs through: - Routine inspections - Preventive maintenance - Prompt issue resolution - Emergency response Annual Maintenance Contracts (AMC): Under their Annual Maintenance Contracts, Rulka Electricals Limited provides customized maintenance solutions tailored to the specific requirements of clients’ systems. These contracts ensure: - A dedicated team of technicians and engineers - Consistent, high-standard maintenance - Enhanced system reliability and availability Professional Expertise: Rulka Electricals Limited prides itself on a team of highly skilled and dedicated professionals. Leveraging their technical expertise, the team delivers projects with utmost efficiency and cost-effectiveness, ensuring reliability and client satisfaction. Turnkey Project Execution: The execution of projects at Rulka Electricals Limited is managed by a professional team with extensive knowledge and experience in turnkey projects. Their expertise enables them to: - Effectively plan and implement projects - Deliver to the highest standards - Meet client requirements - Contribute to the company’s growth and success Rulka Electricals Limited continues to grow and thrive, driven by their commitment to excellence and client satisfaction in every project they undertake. Rulka Electricals Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. To Meet Working Capital Requirement 1. General Corporate Purpose 1. To Meet the Offer Expenses Here are key details about the Rulka Electricals Limited IPO: Company Name| **Rulka Electricals** **Limited** |  | Rulka Electricals Limited IPO Opening Date| **May 16, 2024** ---|---|---|---|--- Company Established On|**2013**Rulka Electricals Limited IPO Price band|**₹223 to ₹235 per share**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 24 May 2024
      Listed 879 days ago
      1. IPO Opens

        Completed
        16 May 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 May 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        18 May 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        23 May 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        22 May 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        24 May 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      600 shares
      Price / Share (upper)
      ₹235
      Min Investment (1 lot)
      ₹141,000
      Price Band
      ₹223–235
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      600
      Min amount
      ₹141,000
      Max amount
      ₹141,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      1200
      Min amount
      ₹282,000
      Max amount
      ₹282,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹13.2 Cr
      Shares offered
      576,419
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.96 Cr
      Shares offered
      172,926
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹9.24 Cr
      Shares offered
      403,493
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).