Rudra Gas Enterprise offers services in pipeline construction, civil works, and others. Currently, the market capitalization of the company’s IPO is Rs 52.53 Crores. The company has finally opened its Initial Public Offering. Now, the investors want to know the Rudra Gas Enterprise IPO Allotment Result. The result will be released online on the Link Intime India Private Ltd.
According to the IPO schedule, the authority will release the www.rudragasenterprise.com IPO Allotment Result on 13th February 2024. In the meantime, get information about the GMP, allotment result accessibility process, and more below.
Rudra Gas Enterprise IPO Allotment Result
The officials have opened its IPO to fulfill Meet Working Capital Requirements and General Corporate Purposes. One must take a look at the Rudra Gas Enterprise IPO GMP to get an idea of the listing prices. Currently, The GMP of the same IPO is around 40 rupees, and the estimated listing price is 103 rupees.
www.rudragasenterprise.com IPO Allotment Result: At a Glance
| Name of the IPO | Rudra Gas Enterprise IPO |
| Name of the IPO Registrar | Link Intime India Private Ltd |
| Price of the Shares | Rs. 63 per share |
| Face Value of the IPO | Rs. 10 per share |
| Type of the Issue | Fixed Price Issue IPO |
| Allotment Result Availability Status | To be issued |
| Allotment Result Availability Mode | Online Mode |
| Official Web Portal | https://www.rudragasenterprise.com/ |
Rudra Gas Enterprise IPO Subscription Status
Investors have subscribed to the IPO for a total of 43.53 times. The retail category has subscribed 72.84 times and the NII category has subscribed 14.18 times by 9 February 2024. Check out the table attached below to know subscription status in detail:
| Investor Category | Shares Offered | Shares bid for | Subscription (times) | Total Amount (Rs Cr.) |
| Market Maker | 1,16,000 | 1,16,000 | 1 | 0.73 |
| Non-Institutional Buyers* | 10,66,000 | 1,51,12,000 | 14.18 | 95.21 |
| Retail Investors | 10,66,000 | 7,76,48,000 | 72.84 | 489.18 |
| Total | 21,32,000 | 9,28,00,000 | 43.53 Times | 584.64 |
Rudra Gas Enterprise Initial Public Offering Timeline
| Particulars | Dates |
| Commencement date of the IPO | 8th February 2024 |
| Last date of the IPO | 12th February 2024 |
| Publication of the Allotment Result | 13th February 2024 |
| Refund Initiation Process | 14th February 2024 |
| Transfer of Shares to Demat Account | 14th February 2024 |
| Date of Price Listing | 15th February 2024 |
How to check the Rudra Gas Enterprise IPO Allotment Result?
This section has been prepared with the aim of providing the procedure which can help candidates in getting access to the allotment result. Follow the step-by-step guide to open the Rudra Gas Enterprise IPO Allotment Result:
- Commence the process by visiting the official website of Link Intime India Private Ltd using this link address: https://linkintime.co.in/
- Secondly, the website’s home page will open on the respective screen.
- Thirdly, you will see multiple options at the top right side of the respective screen.
- Kindly locate and tap the option named Investor Service and a menu will drop down on the screen.
- After that, click on the Oubli Issues option from there and you will be redirected to a new page.
- Now, you must select the company under the separate section available at the middle of the new page.
- Later on, you must select any one of these options: PAN, App. No., DP/ Client ID, Account No/ IFSC Code.
- Afterwards, provide the details according to the choice made in the last step.
- Submit those details and after a few seconds, the allotment result will finally form on the respective screen.
Rudra Gas Enterprise IPO Allotment Result: Important Links
| Go to the Portal | Rudra Gas Enterprise Limited Website Link |
| Check Out the Result | To be activated |
| Read the Prospectus | Rudra Gas Enterprise IPO DRHP |
| Follow for more updates | NVSHQ, Home Page |
Frequently Asked Questions
When will the authority release the Rudra Gas Enterprise IPO Allotment Result?
The officials will first conclude the Initial Public Offering. After that, the allotment result will be released on 13th February 2024.
What after the declaration of the www.rudragasenterprise.com IPO Allotment Result?
Once, the authority releases the allotment result, they will start transferring the shares to the investor’s demat account from the next day onwards. On the same day, the officials will also start returning the amount to investors who did not get the shares.
What is the financial information of Rudra Gas Enterprise?
Between 31 March 2022 and 31 March 2023, the revenue of the Rudra Gas Enterprise rose by 12.76%, and the Profit After Tax of the same company increased by 96.21%.
