Rachana Infrastructure Limited IPO Detail

Rachana Infrastructure Limited offers infrastructure and civil construction services. Rachana Infrastructure is a mid-size private sector company engaged in the business of construction of roads and highways, irrigation, hydropower project and mining and pipeline construction. Rachana Infrastructure Limited is expanding business in the other states of India like Maharashtra, Madhya Pradesh, Jharkhand and Rajasthan.

The roads project that the company has executed are MPRDC- ADB Loan IV, OPAL Petrochemical Refinery Road work at Dajeh SEZ, C.C Road Construction for MP PWD and Vadodara-Mumbai 6 Lane Highway.

Rachana Infrastructure Limited has an in-house integrated system and machinery for all stages of mining, right from Mining/Extraction of raw material from the mine up to Crushing and Finished Production of Black Trap Stone Aggregate.

Competitive Strength

  • Leading Road-focused BOQ and EPC Contractor.
  • Management and an integrated in-house project team with strong execution capabilities and extensive industry experience.
  • Visible growth through a robust order book.

Company Financials:

ParticularsFor the year/period ended (₹ in Lakhs)
Total Assets8,784.508,043.0710,618.217,981.82
Total Revenue4,171.0710,705.6715,840.5511,393.32
Profit After Tax139.85455.31597.13466.45

Objects of the Issue:

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Repayment of Secured Loans.

2. Working capital requirement.

3. General Corporate Purpose.

4. Meeting Public Issue Expenses.

Rachana Infrastructure IPO Details

Rachana Infrastructure IPO DateMay 20, 2022 to May 25, 2022
Rachana Infrastructure IPO Face Value₹10 per share
Rachana Infrastructure IPO Price₹138 per share
Rachana Infrastructure IPO Lot Size1000 Shares
Issue Size5,650,000 shares of ₹10
(aggregating up to ₹77.97 Cr)
Fresh Issue2,825,000 shares of ₹10
(aggregating up to ₹38.99 Cr)
Offer for Sale2,825,000 shares of ₹10
(aggregating up to ₹38.99 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company PromotersMr. Girishkumar Raval and Mrs. Bhaminiben Mehta are the company promoters.

Rachana Infrastructure IPO Lot Size

The Rachana Infrastructure IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹138,000).


Rachana Infrastructure IPO Promoter Holding

Pre Issue Share Holding83.44%
Post Issue Share Holding

Company Contact Information

Rachana Infrastructure Limited
404, 405, 4th Floor,
Angel Complex, Nr. Income Tax Railway Crossing,
Nr. Oassis Hotel, Navrangpura, Ahmedabad – 380009
Phone: 079 – 26560327
Email: info@rachanainfra.com

Rachana Infrastructure IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

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