Rulka Electricals Limited IPO
Rulka Electricals Limited was a SME IPO in the Diversified Commercial Services sector, offered at ₹223–₹235 per share to raise ₹26 crore. It listed on 24 May 2024 at ₹525 and closed its first day at ₹499, a listing gain of +112.2% versus the ₹235 issue price. It now trades around ₹100 (-57.3% versus the issue price).
Frequently asked questions
- What were the Rulka Electricals Limited IPO listing gains?
- Rulka Electricals Limited listed on 24 May 2024 at ₹525, closing its first day at ₹499 — a listing gain of +112.2% versus the ₹235 issue price.
- What was the price band and lot size of the Rulka Electricals Limited IPO?
- The price band was ₹223–₹235 per share, with a minimum lot of 600 shares (₹1,41,000 at the upper band).
- Who were the registrar and lead manager for the Rulka Electricals Limited IPO?
- Big Share Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.