Rajputana Industries IPO

Rajputana Industries IPO offers 62.85 lakh shares worth INR 23.88 crores for working capital, power grid purchases, and corporate purposes.

Important Details

Open Date : July 30, 2024 Close Date : August 1, 2024 Allotment Date: August 2, 2024 Listing Date: August 6, 2024

Important Details

IPO Price: INR 36-38 per share Lot Size: 3000 Shares Total Issue Size: IINR 23.88 crores

Fundamental Analysis

Rajputana Industries IPO analysis shows mixed performance: 1. Revenue increased, Equity & liabilities grew. 2. Profitability & EPS improved. 3. RoNW rose, Total assets expanded. 4. Indicates strong business growth and investor confidence.

Peer Comparison

1. Rajputana Industries Ltd: Strong earnings per share (EPS) and return on net worth (RoNW). 2. Nupur Recyclers Ltd: Varying performance (details not specified). 3. Baheti Recycling Ltd: Leads in total assets and profitability.

Objective

Rajputana Industries Limited: Main objectives are to meet working capital needs and purchase power grids.

Risks And Challenges

Rajputana Industries IPO  risks: 1. High revenue dependence on promoter group companies. 2. Conflicts of interest from related party transactions. 3. Impact from promoters’ interests in similar businesses.