Rappid Valves (India) Limited, established in 2002, specializes in manufacturing a wide range of valve solutions including ball, gate, globe, butterfly, and marine valves
Product Range
From ball and gate valves to marine and filter valves, Rappid Valves offers products in sizes from 15mm to 600mm, catering to diverse industrial needs
Manufacturing Excellence
Equipped with state-of-the-art machinery, including CNC machines, VMCs, and test benches, Rappid Valves ensures a seamless manufacturing process
Quality Certifications
Rappid Valves is ISO certified with ISO 9001:2015, 14001:2015, and ISO 45001:2018, highlighting its commitment to quality and environmental standards
Competitive Strengths
Key strengths include experienced management, innovative products, and a strong focus on marine industries and technological advancements
IPO Objectives
The IPO proceeds will fund capital expenditures, renovation, debt repayment, acquisitions, and general corporate purposes
IPO Details
IPO Date: September 23 - September 25, 2024
Face Value: ₹10 per share
Price Band: ₹210 to ₹222 per share
Total Issue Size: Up to ₹30.41 Cr
Lot Size & Investment
Retail Investors: Minimum of 600 shares for ₹133,200
HNI Investors: Minimum of 1,200 shares for ₹266,400
IPO Timeline
Open Date: September 23, 2024
Close Date: September 25, 2024
Listing Date: September 30, 2024