Rappid Valves (India) Ltd. IPO: Key Details

Rappid Valves (India) Limited recognized by its brand name “Rapid” or by “Rappid Valves also known as a“Company” being an Engineering Company is primarily engaged in the manufacturing of Valve solutions. Ourextensive product portfolio encompasses a vast range of valves which includes Ball valves, Gate Valves, GlobeValves, Butterfly Valves. Check Valves, Double Block valves, Strainer Valves and Marine Valves which aremanufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverserequirement. Our Company was established in the year 2002 vide Certificate of Incorporation dated May 24, 2002as a Private Limited Company under the name Rapid Valves (India) Private Limited with Mr. Gaurav Vijay Dalaland Ms. Usha Vijay Dalal as the initial subscribers of our Company. Our Company changed its name to RappidValves (India) Private Limited pursuant to issuance of Fresh Certificate of Incorporation dated February 10, 2009.

Rappid Valves (India) Ltd. IPO Details

IPO Date September 23, 2024 to September 25, 2024
Listing Date September 30 2024
Face Value ₹10 per share
Price Band ₹210 to ₹222 per share
Lot Size 600 Shares
Total Issue Size 980400 Shares
Issue Type Book building
Listing At NSE 
Share holding pre issue 2654536
Share holding post issue 2654536

Rappid Valves (India) Ltd. IPO Promoter Holding

The promoter of the company is Gaurav Vijay Dalal,

Share Holding Pre Issue 69.46%
Share Holding Post Issue 51.13%

Rappid Valves (India) Ltd. IPO Objectives

1. Funding the Capital expenditure for purchase of new Plant and Machineries and Software by our Company;2. Expenditure for renovation of registered office and existing manufacturing unit;3. Repayment/prepayment of all or certain of our borrowings availed of by our Company;4. Pursuing inorganic growth initiatives through acquisitions; and5. General corporate purposes.

Rappid Valves (India) Ltd. IPO Prospectus

Rappid Valves (India) Ltd. Lead Managers

  • Shreni Shares Pvt Ltd.

Rappid Valves (India) Ltd. IPO Contact Information

  • Nidhi Krutik Shah
  • Phone: +91 9321463550
  • Email: investors@rapidvalves.net

Rappid Valves (India) Ltd. IPO Registrar

  • Name: MUFG Intime India Pvt Ltd.
  • Phone: +
  • Email: