Rajesh Power Services IPO GMP, Dates, Details
Rajesh Power Services : Illuminating the Future of Sustainable Energy
As much as the world lives in a highly competitive world where everything is gradually changing at a very high rate the demand for energy has never been highest. This emerging demand has called for invention and efficiency in energy infrastructure and facilities. Leading players who are contributing towards such change include Rajesh Power Company which is an energy player of high repute dedicated towards transforming the energy outlook in the future.
Given the string of successful innovations, environmental initiatives and sound strategic direction, Rajesh Power has emerged as an industry leader in all aspects of renewable energy and sustainable power solutions. This blog specifically covers the history of the company, its activities and future plans.
Aim of Rajesh Power Services
Rajesh Power’s goal at its initial stage focused on the demand for power as the world went through industrialization and achieving this without worsening the situation on environmental factors. The company was started and it initially dealt mainly with electric power generation. But given the changes that have continued to embrace a clean energy world, Rajesh Power changed its face to a clean power entity, going for wind, solar, and hydropower.
This change in course was informed by the dream of its creator, who had Eyes on the coming revolution in renewable power. The company quickly became one of the progressive ones in the industry and began investing much in the R&D field to capture new technologies.
Core Services from Rajesh Power services
Rajesh Power works in more than one segment that is involved in the energy field. This enables it to run as a scaled enterprise successfully and meet the needs of its multiple clientele.
- Renewable Energy Solutions
Renewal energy is the most significant service that Rajesh Power offers, and through it, Rajesh Power has built Rajesh Power’s flagship service. As a result of possessing a vast solar power farm, wind energy power station, and hydroelectric power station, it has entered into generation of clean power. Altogether, these projects eliminate millions of tons of carbon every year.
- Energy Storage Solutions
Realizing the fact of uncertainty in renewable energy, Rajesh Power has procured efficient energy storage systems. These are specialty ones which include lithium-ion batteries and grid-storage for fulfilling uninterrupted electricity supply.
- Renewable Energy Sources and Energy Efficiency
Rajesh Power is also one of the leaders in the field of smart grids. With the help of AI and IoT paradigms, the company creates solutions related to energy management to manage and distribute energy resources effectively and minimize wastage.
- About Our Business: Consulting and Advisory Services
The company provides consultancy services to governments, industries and communities, to assist them to shift to renewable energy. Senior experts in the company are available to offer advice in feasibility studies, design, as well as management implementation.
Sustainability Commitments of Rajesh Power services
Rajesh Power is a company that has made sustainability the core of its business activities. The company follows the best environmental standards and is participating in matters involving ecosystem balance mechanisms.
Environmental Impact
In a year, Rajesh Power’s combined RE projects reduced emissions equivalent to taking thousands of cars off the road from millions of tons of CO2. For example, its solar farms produce electricity from the sun while the land selected for the project is either arid or underutilized.
Community Development
The company is fully committed to supporting local communities. In terms of CSR, Rajesh Power focuses both on education and skill development and on the improvement of healthcare in regions where the company is located.
Innovation in Recycling
Rajesh Power company is also in the vanguard in the fight against e-waste. Through installing recycling centers for uPVC solar panels and batteries, the company makes sure that the company leaves minimal impact behind.
Challenges and Future View of Rajesh Power Services
Like any ambitious enterprise, Rajesh Power too has witnessed its fair share of problems. The energy sector has many rules and regulations to follow and the rules differ from one country to the other. In the meantime, the investment cost in renewable energy projects are comparatively high and huge financing or support from stakeholders may be required.
However, Rajesh Power has proved that the problems are always opportunities in disguise. To this end, the company has demonstrated strategic supplier partnerships as well as technology in cutting cost while amping up efficiency.
In the future the Rajesh Power group has a vision of having operations in other countries in the world. As the company has envisaged becoming an international player especially in the African and south east Asia region, the company is well on its way of becoming a world class player in the provision of renewable energy solutions.
Key Milestones of Rajesh Power
Rajesh Power’s journey is marked by significant achievements that underscore its commitment to excellence:
Indian Oil Corporation ltd, Dumad
Zydus Lifesciences
Saint Gobain
Hindustan Coca Cola Bevarages
A Vision for the Future
Rajesh Power believes in the future when everyone could have electricity produced from clean energy sources. To achieve this, the company is focusing on:
Innovating Energy Storage
In underpinning renewable energy generation, advances in storage systems such as hydrogen fuel cells are already being made.
Decentralized Energy Systems
The company is studying distributed energy systems where communities can generate power and manage it themselves.
Collaborative Efforts
As a world-class renewable energy and distance learning provider, Rajesh Power understands the need for cooperation, so they are looking for alliances with governments, non-profit organizations, and companies on a global level to extend its operations towards even more clients.
Rajesh Power Services Limited Financials and Performance
Period Ended | Monday, September 30, 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 33,822.42 | 24,039.00 | 19,823.38 | 17,562.82 |
Revenue | 31,785.09 | 29,506.07 | 21,117.57 | 14,936.84 |
Profit After Tax | 2,768.25 | 2,602.29 | 675.15 | 344.6 |
Net Worth | 11,122.22 | 8,430.05 | 5,865.80 | 5,228.69 |
Reserves and Surplus | 9,600.48 | 6,908.31 | 4,344.06 | 3,706.95 |
Total Borrowing | 7,973 | 7,767.08 | 5,971.20 | 6,243.33 |
Rajesh Power Services Limited Performance
KPI | Values |
ROE | 24.89% |
ROCE | 25.61% |
Debt/Equity | 0.92 |
RoNW | 25.47% |
P/BV | 4.55 |
PAT Margin (%) | 8 |
Rajesh Power Services IPO Complete Details
Rajesh Power Services IPO is offering of Rs 160.47 crores is a book built issue. Out of the total 48 lakh shares, fresh issue of share is 27.9 lakh shares of face value of Rs 10 each for an amount of Rs 93.47 crores The offer for sale includes 20 lakh shares or face value of Rs 10 each for an amount of Rs 67.00 crores.
Rajesh Power Services IPO opens for subscription from November 25, 2024 to November 27, 2024. It is further expected that allotment for the Rajesh Power Services IPO may be declared on Thursday, the thirtieth of November, 2024. Rajesh Power Services IPO is coming up with the plans of listing at BSE SME and the date has not been confirmed but it is expected to be Monday December’ 02, 2024.
Rajesh Power Services IPO price band is placed in the range of 319-335. The minimum lot size for an application on the Exchange is 400 Shares. The sum of minimum investment that is mandatory for the retail investors is ₹134,000. For HNI the minimum lot size investment is 2 lots meaning 800 shares which cost ₹ 268,000.
Rajesh Power IPO Details
IPO Date | November 25, 2024 to November 27, 2024 |
Listing Date | December 2, Monday 2024 |
Face Value | ₹10 per share |
Price Band | ₹319 to ₹335 per share |
Lot Size | 400 Shares |
Total Issue Size | 4,790,000 shares (aggregating up to ₹160.47 Cr) |
Fresh Issue | 2,790,000 shares (aggregating up to ₹93.47 Cr) |
Offer for Sale | 2,000,000 shares of ₹10 (aggregating up to ₹67.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Shareholding pre issue | 15,217,392 |
Shareholding post issue | 18,007,392 |
Rajesh Power IPO Dates and Timeline
IPO Open Date | Monday, November 25, 2024 |
IPO Close Date | Wednesday, November 27, 2024 |
Basis of Allotment | Thursday, November 28, 2024 |
Initiation of Refunds | Friday, November 29, 2024 |
Credit of Shares to Demat | Friday, November 29, 2024 |
Listing Date | Monday, December 2, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on November 27, 2024 |
Rajesh Power IPO Lot Allocation
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 400.00 | ₹134,000 |
Retail (Max) | 1 | 400.00 | ₹134,000 |
HNI (Min) | 2 | 800.00 | ₹268,000 |
Rajesh Power IPO GMP :
Rajesh Power Services SME IPO last GMP is ₹70, last updated Nov 25th 2024 02:23 PM. With the price band of 335.00, Rajesh Power Services SME IPO’s estimated listing price is ₹405 (cap price + today’s GMP).The expected percentage gain/loss per share is 20.90%.
Conclusion
It is also a great example of the impact that purposeful leadership can have on industries and on people Rajesh Power. This transition from conventional energy to renewable energy is a classic success story of this company’s fortitude and creativity.
Given that the world is experiencing inestimable energy crises, the attempts of Rajesh Power with regard to offering environmentally friendly, efficient, and cheap energy will always be significant. However, this should light up homes and guide the company to a future where it lives by that true value sustainability.
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FAQ'S
What is the Rajesh Power IPO GMP (Grey Market Premium) ?
Rajesh Power Services SME IPO last GMP is ₹70, last updated Nov 25th 2024 02:23 PM. With the price band of 335.00, Rajesh Power Services SME IPO’s estimated listing price is ₹405 (cap price + today’s GMP).The expected percentage gain/loss per share is 20.90%.
What does Rajesh Power Services Ltd do ?
Rajesh Power Services Ltd is an organization that offers a comprehensive range of power-related solutions such as maintaining, repairing, and installing energy infrastructure. Focuses on the provision of service of reliable and sustainable power to several industries.
How can I check the allotment status for Rajesh Power Services IPO ?
You can check the allotment status on the registrar’s website (specified in the IPO prospectus) or through the NSE/BSE portals. You’ll need your PAN number or IPO application details for the search.
What is the issue size and price range of Rajesh Power Services IPO ?
The issue size and price range are detailed in the IPO prospectus released by the company. These details are also available on stock exchange websites and brokerage platforms.
When will Rajesh Power Services IPO open and close ?
Rajesh Power Services IPO opens on Monday, November 25 , 2024 & closes on Wednesday, November 27, 2024 .
