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Rappid Valves (India) Limited IPO

Rappid Valves (India) Limited was a SME IPO in the Other Industrial Products sector, offered at ₹210–₹222 per share to raise ₹30 crore. It listed on 30 Sep 2024 at ₹312 and closed its first day at ₹309, a listing gain of +39.4% versus the ₹222 issue price. It now trades around ₹330 (+48.6% versus the issue price).

Frequently asked questions

What were the Rappid Valves (India) Limited IPO listing gains?
Rappid Valves (India) Limited listed on 30 Sep 2024 at ₹312, closing its first day at ₹309 — a listing gain of +39.4% versus the ₹222 issue price.
What was the price band and lot size of the Rappid Valves (India) Limited IPO?
The price band was ₹210–₹222 per share, with a minimum lot of 600 shares (₹1,33,200 at the upper band).
Who were the registrar and lead manager for the Rappid Valves (India) Limited IPO?
Link Intime India Private Limited was the registrar, and Shreni Shares was the book-running lead manager.