Issue Price
₹135
Per Share
GMP
NIL
Grey Market
Est. Listing
₹135
Expected Price
Min. Application
₹270,000
2 lots × 1000 shares
Rachana Infrastructure Limited offers infrastructure and civil construction services. Rachana Infrastructure is a mid-size private sector company engaged in the business of construction of roads and highways, irrigation, hydropower project and mining and pipeline construction. Rachana Infrastructure Limited is expanding business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.The roads project that the company has executed are MPRDC- ADB Loan IV, OPAL Petrochemical Refinery Road work at Dajeh SEZ, C.C Road Construction for MP PWD and Vadodara-Mumbai 6 Lane Highway.Rachana Infrastructure Limited has an in-house integrated system and machinery for all stages of mining, right from Mining/Extraction of raw material from the mine up to Crushing and Finished Production of Black Trap Stone Aggregate.Competitive StrengthLeading Road-focused BOQ and EPC Contractor.Management and an integrated in-house project team with strong execution capabilities and extensive industry experience.Visible growth through a robust order book.
Rachana Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 284,000 | — | ₹3.83 Cr | — |
| TOTAL | 5,650,000 | 100.00% | ₹76.28 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| sNII (Min) | 14 | 14,000 | ₹1,890,000 |
| bNII (Min) | 68 | 68,000 | ₹9,180,000 |
| Particulars | 31-Dec-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 4171.07 | 10705.67 | 15840.55 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 139.85 | 455.31 | 597.13 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 8784.50 | 8043.07 | 10618.21 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |