31 Mar 2021
Assets19.61
Total Income28.17
Profit After Tax1.27
NET Worth2.67
Reserves and Surplus2.42
Total Borrowing10.08
At a glance
Updated 2026-09-15The shares listed at ₹119.70, a 90.00% move from the issue price. Rudra Gas Enterprise is a SME IPO with an issue size of ₹14.16 crore, proposed for listing on BSE SME. The offer opens on 8th Feb 2024 and closes on 12th Feb 2024. The issue structure includes a fresh issue of ₹13.43 crore. The current listing schedule points to 15th Feb 2024.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹14.16 Cr
Fresh issue₹13.43 Cr
Face value₹10
Price band—–—
Allotment13th Feb 2024
Listing15th Feb 2024
Listing performance
Full performance ↗Issue price₹63.00
Listing price₹119.70
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹57.00
GMP / upper priceNO DATA
Est. listing₹120.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th Feb 2024
Closes12th Feb 2024
Allotment13th Feb 2024
Refund14th Feb 2024
Demat14th Feb 2024
Listing15th Feb 2024
Subscription demand
Full bidding ↗Total345.50×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Meet Working Capital Requirements | ₹9.50 Cr |
| General Corporate Purposes | ₹3.25 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue34.47₹ Cr · -30.5% vs prior year
PAT2.47₹ Cr · -29.8% vs prior year
Assets43.45₹ Cr · +28.5% vs prior year
Net Worth11.49₹ Cr · +43.8% vs prior year
Borrowing19.90₹ Cr · +14.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets28.05
Total Income43.96
Profit After Tax1.79
NET Worth4.46
Reserves and Surplus4.21
Total Borrowing13.80
31 Mar 2023
Assets33.81
Total Income49.57
Profit After Tax3.52
NET Worth7.99
Reserves and Surplus7.74
Total Borrowing17.38
31 Oct 2023
Assets43.45
Total Income34.47
Profit After Tax2.47
NET Worth11.49
Reserves and Surplus5.40
Total Borrowing19.90
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| Price to Book Value |
Valuation & shareholding
Pre-IPO EPS5.78
Post-IPO EPS5.09
Pre-IPO P/E10.9
Post-IPO P/E12.39
Promoter holding pre99.99%
Promoter holding post73.03%
Market cap₹52.53 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Rudra Gas Enterprise IPO | — | 12.39 x | — | — |
| Gulf Lloyds IPO | — | 15.64 x | — | — |
| Teja Engineering IPO | — | 35.16 x | — | — |
| Cryogenic OGS IPO | — | 10.96 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees | ₹0.23 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable to Legal Advisors | ₹0.03 Cr |
| Fees Payable Advertising, Marketing Expenses and Printing Expenses | ₹0.04 Cr |
| Fees Payable to Regulators including Stock Exchanges and other Intermediaries | ₹0.05 Cr |
| Fees payable to Peer Review Auditor | ₹0.01 Cr |
| Fees Payable to Market Maker (for Three Years) | ₹0.12 Cr |
| Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses.) | ₹0.92 Cr |
| Escrow Bank Fees | ₹0.01 Cr |
Registrar & lead managers
Registrar
MUFG Intime India 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 2026-09-15.
IPO UPDATE ALERTS
Register for IPO Updates →Track Rudra Gas Enterprise without missing an update
Register for subscription, GMP, allotment and listing notifications.