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Rappid Valves (India) IPO

Open 23rd Sep 2024 · Close 25th Sep 2024 · Listing 30th Sep 2024

Verified 2026-08-2489% data coverage
Issue Price₹222.00
Listing Price₹312.00
Current Price
Listing Gain40.54%
Current Return

IPO Objectives

Rappid Valves (India) IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding the Capital expenditure for purchase of new Plant and Machineries and Software by the Company;₹6.73 Cr
2Expenditure for renovation of registered office and existing manufacturing unit;₹0.39 Cr
3Repayment/prepayment of all or certain of our borrowings availed of by the Company;₹10.50 Cr
4Pursuing inorganic growth initiatives through acquisitions; and₹4.00 Cr
5General corporate purposes.₹5.43 Cr