RKCPL Ltd. IPO Details
RKCPL was incorporated on June 7, 2013. The company is a civil construction and infrastructure developer specialising in complex structural works across India, including roads, bridges, highways, and drainage systems. It operates through EPC and HAM projects and holds Class I (Super) certification, enabling bids up to Rs 6,500 crore
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹12,500.0 M | DRHP DOC |
RKCPL issue details
RKCPL IPO issue size is ₹ 12,500.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
RKCPL IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
RKCPL NUMBER OF SHARES ON OFFER
RKCPL FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 1,270.7 | 164.6 | -400.2 | -472.9 | 21.6% |
| FY24 | 1,093.3 | 156.9 | 82.0 | 15.5 | 20.2% |
| FY23 | 861.7 | 96.5 | 77.0 | 34.8 | 15.5% |
RKCPL INFORMATION ON IPO ISSUE
About RKCPL
RKCPL was incorporated on June 7, 2013. The company is a civil construction and infrastructure developer specialising in complex structural works across India, including roads, bridges, highways, and drainage systems. It operates through EPC and HAM projects and holds Class I (Super) certification, enabling bids up to Rs 6,500 crore
Object of the Issue
- Funding the capital expenditure requirements of the company towards the purchase of construction equipment
- Funding the working capital requirements of the company
- Pre-payment and/or repayment, full or in part, of certain outstanding borrowings availed by the company
- Investment in their subsidiaries, namely Bathinda Ludhiana Highway, Poanta Saheb Highway and Ambala Ring Road Highway for repayment/pre-payment in full or in part, of certain borrowings availed by such subsidiaries
- General corporate purposes
RKCPL - PROMOTERS
| Name |
|---|
| Ram Kumar Goyal |
| Naresh Kumar |
| Krishan Kumar Goyal |
RKCPL - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ram Kumar Goyal | Chairperson & Managing Director |
| Naresh Kumar | Joint Managing Director & Whole-time Director |
| Krishan Kumar Goyal | Joint Managing Director & Whole-time Director |
| Arindam Pramanik | Independent Director |
| Barkha Gupta | Independent Director |
| Vipin Verma | Independent Director |
RKCPL Book Running Lead Manager
Equirus Capital Private Limited
rkcpl.ipo@equirus.com
Anand Rathi Advisors Limited
rkcpl.ipo@rathi.com
RKCPL Registrar to the Offer
MUFG Intime India Private Limited
rkcpl.ipo@in.mpms.mufg.com
RKCPL Strengths
Integrated business model
The company provides end-to-end infrastructure construction services, including bidding, design, planning, execution, and O&M, supported by an in-house team. It specialises in structural metalworks for complex projects, such as bow string girders and box pushing under operational railway tracks
Diversified order book
The company’s order book, representing unexecuted contracts, provides strong future revenue visibility and has grown in value, geography, client base, and project type over the last three years. It is diversified across highways, bridges, EPC, and railway projects, which contribute significantly to revenue
Focused on roads & railways
The company is a civil construction and infrastructure developer specialising in elevated roads, flyovers, bridges, highways, drainage, and canal systems across India. Growth in government investments in roads, urban infrastructure, and railways is expected to drive the sector
RKCPL Risks
Competitive bidding
The company generates revenue through competitive bidding, but there is no guarantee that its bids will be accepted or that it will qualify for and win projects. Success depends on meeting qualification criteria, including service quality, technical capacity, safety records, experience, and financial resources
Government contract risks
The company’s contracts with government entities are typically non-negotiable and favour the authorities, limiting its ability to amend key terms. This may materially impact its financial condition and operational results
Operational risks
The company faces operational risks, including construction defects, accidents, equipment failures, and natural disasters, which could impact its business, finances, and operations. Past incidents have occurred, and future accidents or construction faults may result in claims, liabilities, or additional costs
IPO FAQs
The promoters of the company are Ram Kumar Goyal, Naresh Kumar and Krishan Kumar Goyal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.