Incorporated in 2002, Rappid Valves (India) Limited primarily engages in the manufacturing of Valve solutions.
The company offers various valves, including ball, gate, globe, butterfly, check, double block, filter, and marine valves. These valves are made using ferrous and non-ferrous materials and come in sizes ranging from 15mm to 600mm to meet diverse requirements.
The company’s manufacturing unit is equipped with a comprehensive range of standard machinery, including conventional and automated CNC machines, VMCs, test benches, EOT cranes, lathes, milling machines, drilling machines, grinders, saws, testers, lapping machines, welders, compressors, buffing machines, and testing equipment, supporting a seamless manufacturing process.
The Company has also obtained various quality certifications, such as ISO 9001:2015, 14001:2015, and ISO 45001:2018.
Competitive Strengths
As of, June 30, 2024, the company had employed 47 personnel at its Manufacturing Plant and Registered Office.
Rappid Valves (India) Limited’s revenue increased by 123% and profit after tax (PAT) rose by 807% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 2,994.41 | 1,656.75 | 1,217.6 | |||||||||||||||||||||||||||
| Revenue | 3,660.06 | 1,643.42 | 1,215.24 | |||||||||||||||||||||||||||
| Profit After Tax | 413.27 | 45.56 | 28.98 | |||||||||||||||||||||||||||
| Net Worth | 1,221.98 | 312.21 | -24.64 | |||||||||||||||||||||||||||
| Reserves and Surplus | 371.98 | -37.79 | -79.64 | |||||||||||||||||||||||||||
| Total Borrowing | 1,098.3 | 992.65 | 977.57 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
The market capitalization of Rappid Valves (India) IPO is Rs 115.26 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 53.88% |
| ROCE | 29.88% |
| Debt/Equity | 0.9 |
| RoNW | 33.82% |
| P/BV | 24.89 |
| PAT Margin (%) | 11.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.81 | 7.96 |
| P/E (x) | 20.53 | 27.89 |
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
| IPO Date | September 23, 2024 to September 25, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹210 to ₹222 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 1,369,800 shares (aggregating up to ₹30.41 Cr) |
| Fresh Issue | 1,369,800 shares (aggregating up to ₹30.41 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,822,184 |
| Share holding post issue | 5,191,984 |
| Market Maker portion | 69,600 shares |
The promoter of the Company is Mr. Gaurav Vijay Dalal.
| Share Holding Pre Issue | 69.46% |
| Share Holding Post Issue | 51.13% |
Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.
Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on November 21, 2024 Rajesh Power Services Limited IPO Established in 1971, Rajesh Power Services Limited provides consultancy to state transmission and distribution companies and private utilities and
Last Updated on November 19, 2024 C2C Advanced Systems Limited IPO C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically
Last Updated on November 21, 2024 Enviro Infra Engineers Limited IPO Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
Flexicap-aggressive portfolio of Shariah Compliant stocks.
