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IPO Performance
Rudra Gas Enterprise Ltd.
Issue Open Date 08-Feb-24  
Issue Closing Date 12-Feb-24  
Application Money 100  
Allotment Money  
Price Band 63 -  
Minimium Application No. 2000  
Issue Size (Shares) 2248000  
Market Lot 1  
Objective
1. To Meet Working Capital Requirements2. General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     305648000    
Qualified Institutional Buyers     11198000    
Retail Individual Investors     431070000    
Business Description
Our company is engaged in various facets of the infrastructure sector. We are mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicles. We provide end-to-end solutions for the city gas distribution sector. Our expertise is in pipeline construction, civil works, and operation and maintenance, for pipeline networks in city gas distribution. Our services ensure the safe and efficient transportation of vital resources such as Compressed Natural Gas (“CNG”) and Piped Natural Gas (“PNG”). In Fiber cable network sector, the company offers services of installations of optical Fiber cable and maintenance thereof. Our commitment to reliability and quality makes us a trusted partner in these vital sectors. Our main focus is on delivering projects in a timely manner while upholding the highest standards of safety. We understand the importance of completing projects on schedule, meeting deadlines, and ensuring the well-being of our workforce, stakeholders, and the surrounding communities. Our client base comprises of established players in the city gas distribution industry and telecommunication industry, both in public and private sector.
Promoter's Holding
Total Share Capital   6089800  
Offered to Public   2248000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   73.04  
Address
B-702
The Capital Building
Science City Road
Opp. Hetarth Party
Plot
Sola
Ahmedabad,
Gujarat,
380060
Phone : 9875139472
Email : cs@rudragasenterprise.com
Website : www.rudragasenterprise.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE
Lead Manager
Beeline Capital Advisors Pvt Ltd.
Promoters
Kashyap Sureshbhai Patel
Kush Sureshbhai Patel
Manjulaben Sureshbhai Patel
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