31 Mar 2021
Assets9.82
Total Income19.60
Profit After Tax0.54
NET Worth1.65
Reserves and Surplus1.54
Total Borrowing2.31
At a glance
Updated 2026-08-24The shares listed at ₹525.00, a 123.40% move from the issue price. Rulka Electricals is a SME IPO with an issue size of ₹26.40 crore, proposed for listing on NSE SME. The offer opens on 16th May 2024 and closes on 21st May 2024. The issue structure includes a fresh issue of ₹18.47 crore and an offer-for-sale component of ₹6.60 crore. The current listing schedule points to 24th May 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹26.40 Cr
Fresh issue₹18.47 Cr
Offer for sale₹6.60 Cr
Face value₹10
Price band₹223.00–₹235.00
Allotment22nd May 2024
Listing24th May 2024
Listing performance
Full performance ↗Issue price₹235.00
Listing price₹525.00
Current price—
Listing gain123.40%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹410.00
GMP / upper price174.47%
Est. listing₹645.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th May 2024
Closes21st May 2024
Allotment22nd May 2024
Refund23rd May 2024
Demat23rd May 2024
Listing24th May 2024
Subscription demand
Full bidding ↗Total676.83×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 600 | ₹141,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirement | ₹14.00 Cr |
| General corporate purposes | ₹4.82 Cr |
Financials
Full financials ↗31 Mar 2022
Assets19.19
Total Income36.27
Profit After Tax1.12
NET Worth2.77
Reserves and Surplus2.66
Total Borrowing2.81
31 Mar 2023
Assets28.27
Total Income46.90
Profit After Tax2.81
NET Worth5.57
Reserves and Surplus5.46
Total Borrowing5.27
29 Feb 2024
Assets40.82
Total Income65.28
Profit After Tax5.66
NET Worth12.90
Reserves and Surplus9.49
Total Borrowing11.05
Trend chart₹ crore
KPIs
| KPI | Feb 29, 2024 |
|---|---|
| ROE | 61.25% |
| ROCE | 33.67% |
| Debt / Equity | 2.16% |
| RoNW | 43.85% |
| PAT Margin | 8.68% |
| Price to Book Value | 6.22 |
Valuation & shareholding
Pre-IPO EPS8.21
Post-IPO EPS14.49
Pre-IPO P/E28.62
Post-IPO P/E16.21
Promoter holding pre86.28%
Promoter holding post69.22%
Market cap₹100.07 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager Fees including underwriting commission | ₹0.25 Cr |
| Brokerage, selling commission and upload fees | ₹0.05 Cr |
| Registrars to the issue | ₹0.01 Cr |
| Legal Advisors | ₹0.03 Cr |
| Advertising and marketing expenses | ₹0.05 Cr |
| Regulators including stock exchanges | ₹0.05 Cr |
| Printing and distribution of issue stationary | ₹0.02 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | ₹0.85 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.