Rulka Electricals Limited

Company Profile
Company Name Rulka Electricals Limited
Open Date 16-05-2024
Close Date 21-05-2024
Exchange NSE SME
Lot Size 600 Shares
Issue Price ₹223 to ₹235 per share
Issue Size 11,23,200 Equity Shares
Application Amount ₹ 1,41,000
Recommendation Apply
Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company. The Company’s registered office is situated in Mumbai. The company's integrated operations encompass designing, supplying, installing, testing, and commissioning the project. The company generates 100% of its revenue through Turnkey Projects, which include both material and labor along with engineering, design, and consulting services to warehouse clients, retail clients, Industrial clients and Hotel/Hospital clients. The company is ISO 9001:2015 certified for its quality management systems. As of February 29th, 2024, the company had 92 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Feb-24
Total Assets 982.41 1,919.5 2,826.96 4,082.10
Net Assets 164.74 276.82 557.33 1,290.15
Total Borrowing 230.98 281.82 527.08 1,104.89
Total Revenue 1,960.11 3,627.4 4,689.78 6,527.76
Profit After Tax 53.70 112.10 280.10 565.76

Tentative Timeline

Opening Date 16-05-2024
Closing Date 21-05-2024
Basis of Allotment 22-05-2024
Initiation of Refunds 23-05-2024
Credit of Shares to Demat 23-05-2024
Listing Date 24-05-2024

Objects of the Issue

To meet working capital requirements
General Corporate Purpose
To meet the offer expenses

Contact Information

Registered Office Rulka Electricals Limited - A - 20, Shiva Industrial Estate Co. Ltd., Lake Road, Near Tata Power, Bhandup West Mumbai City, Mumbai- 400078,
Phone +022 41276806

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Shareholding Promoter Pre Issue 86.29%
Shareholding Promoter Post Issue 69.22%

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